Data sourced from SnapStats Publishing.
January 2019 Market Update
See the below price analysis for Jan 2019 in Burnaby. It includes detailed information on detached homes, attached condos and townhomes. Check out the current market trends!
Market Summary For Detached
- Buyers Market at 7% Sales Ratio average (7 in 100 homes selling rate)
- Homes are selling on average 4% below list price
- Most Active Price Band** $1 mil to $1.25 mil with average 25% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $2 mil to $2.25 mil, Metrotown, Sperling-Duthie and minimum 7 bedroom properties
- Sellers Best Bet* Selling homes in Brentwood Park, Westridge up to 2 bedroom properties
*With a minimum inventory of 10 in most instances
Market Summary for Attached
- Balanced Market at 14% Sales Ratio average (1.4 in 10 homes selling rate)
- Homes are selling on average 2% below list price
- Most Active Price Band** $300,000 to $400,000 with average 38% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $800,000 to $1.25 mil, Forest Glen, Metrotown, South Slope and 4 plus bedroom properties
- Sellers Best Bet** Selling homes in Government Road, Highgate and up to 1 bedroom properties
*With a minimum inventory of 10 in most instances
