Data sourced from SnapStats Publishing.
October 2018 Market Update
See the below price analysis for October 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 2% below list price
- Most Active Price Band** $1 mil to $1.25 mil with average 35% Sales Ratio (Sellers market
- Buyers Best Bet** Homes between $2.25 mil to $2.5 mil, Upper Deer Lake and minimum 7 bedroom properties
- Sellers Best Bet* Selling homes in Burnaby Lake, Forest Glen and up to 2 bedroom properties
*With a minimum inventory of 10 in most instances
Market Summary for Attached
- Balanced Market at 18% Sales Ratio average (1.8 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 29% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $900,000 to $1 mil, Central and minimum 2 bedroom properties
- Sellers Best Bet** Selling homes in Capitol Hill, Forest Glen, Vancouver heights and up to 1 bedroom properties
*With a minimum inventory of 10 in most instances
