burnaby south CONDO - OCTOBER 2 0 2 5
SALES TO LISTINGS RATIO 14% BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 5% VS 2024
MEDIAN PRICE
TOTAL INVENTORY
SALES
▼ 1.2% VS 2024
▼ 36% VS 2024
▲ 1.8% VS 2024
▲ 15% VS 2024
There were 492 condo listings in Burnaby South in October, 3% below September and 15% higher than October 2024. October condo sales increased by 11% month-over-month, to 69, and were 36% below October 2024. The sales-to-listing ratio for condos in Burnaby South, at 14%, reflected a balanced market. The condo median price in October was $732,900, a 0.9% decrease from September and 1.8% above October 2024. The average sold price was $761,442, 0.1% above last month; the average PSF sale price was $891, down 6% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No. 107 428
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$891 $761,442 $732,900 14% 69 492
-5% -1.2% 1.8% -44% -36% 15%
$951 $760,474 $739,495 12% 62 506
14% 11% -3%
$939 $770,545 $720,000 25%
-6% 0.1% -0.9%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● OCT 2024 ● OCT 2025
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
461
492
511
506
491
488
478
428
393
379
413
334
329
97
88
107
67
52
45
69
79
73
65
62
55
54
$800K
$789K
$769K
$774K
$739K
$730K
$730K
$729K
$733K
$720K
$718K
$699K
$673K
BURNABY SOUTH
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
4+ bdrms
1
150
8
3 bdrms
57
100
42
33%
2 bdrms
285
50
19%
14%
11%
19
7%
5%
<2 bdrms
147
0
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
S-L RATIO SALES INVENTORY
97 14 14%
175 33 19%
137 15 11%
57 4 7%
19 1 5%
6 2 33%
1 0 n/a
Null
2
Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of November 14, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 18 ●
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