Data sourced from SnapStats Publishing.
July 2018 Market Update
See the below price analysis for July 2018 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 9% Sales Ratio average (9 in 100 homes selling rate)
- Homes are selling on average 1% below list price
- Most Active Price Band** $1 mil to $1.25 mil with average 29% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $2.25 mil to $2.5 mil Upper Deer Lake and all but 3 to 4 bedroom homes
- Sellers Best Bet** Selling homes in Central Park, Deer Lake Place and 3 to 4 bedroom homes
*With a minimum inventory of 10 in most instances
Market Summary for Attached
- Sellers Market at 22% Sales Ratio average (2.2 in 10 homes selling rate)
- Homes are selling on average 1% below list price
- Most Active Price Band** $300,000 to $400,000 with average 63% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $900,000 to $1 mil, Forest Glen and 3 bedroom properties
- Sellers Best Bet** Selling homes in Sullivan Heights and up to 1 bedroom properties
*With a minimum inventory of 10 in most instances
