Data sourced from SnapStats Publishing.
June 2018 Market Update
See the below price analysis for June 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 10% Sales Ratio average (1 in 10 homes selling rate)
- Homes are selling on average 3% below list price
- Most Active Price Band”* $1 mil to $1.25 mil with average 81% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $2.75 mil to $3 mil, Burnaby Lake, Sperling-Duthie, Upper Deer Lake and Willingdon Heights
- Sellers Best Bet* Selling homes in Burnaby Hospital, Montecito and up to 2 bedroom properties
*With a minimum inventory of 10 in most instances
Market Summary for Attached
- Sellers Market at 37% Sales Ratio average (3.7 in 10 homes selling rate)
- Homes are selling on average 2% below list price
- Most Active Price Band” $300.000 to $500,000 with average 70% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Central and up to 1 bedroom properties
- Sellers Best Bet** Selling homes in Burnaby Lake, Government Road and 2 bedroom properties
*With a minimum inventory of 10 in most instances
