Greater Vancouver

BURNABY

APRIL 2024

Price Band & Bedroom CONDOS & TOWNHOMES

Community CONDOS & TOWNHOMES

SnapStats® $0 – 100,000

Inventory

Sales

Sales Ratio

SnapStats®

Inventory

Sales

Sales Ratio

0 0 0 1

0 0 0 2

NA NA NA

Big Bend

0

0

NA

100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

Brentwood Park

352

83

24%

Buckingham Heights Burnaby Hospital

0 3 1

0 2 2 2 2 3 9 0 0 1 1 0 7 2 2 0 0 0 2 8 0 3 1 1 0 3 0

NA

200%*

67%

26 96

14 24 53 53 48 33 30

54% 25% 28% 31% 34% 25% 20% 16%

Burnaby Lake

200%*

Cariboo

10 21

20% 10% 60% 69% NA* 26% 44% 33% NA NA

192 172 143 134

Capitol Hill

Central

5

Central Park Deer Lake

13

0 0 0

1,000,001 – 1,250,000 147 1,250,001 – 1,500,000 55 1,500,001 – 1,750,000 21 1,750,001 – 2,000,000 11 2,000,001 – 2,250,000 4 2,250,001 – 2,500,000 3 2,500,001 – 2,750,000 0 2,750,001 – 3,000,000 1 3,000,001 – 3,500,000 2 3,500,001 – 4,000,000 2

Deer Lake Place East Burnaby

9 1 0 0 0 0 0 0 0 0

5%

Edmonds Forest Glen Forest Hills

68 41

18 18

NA NA NA NA NA NA NA NA

3 0

Garden Village Government Road Greentree Village

NA

14

50%

2

100%

Highgate Metrotown Montecito Oakdale Oaklands Parkcrest

37

14 54

38% 21% 67%

255

4,000,001 & Greater

0

3 1 6 0 4

TOTAL*

1010

267

26%

NA NA NA

0 to 1 Bedroom

319 544 141

82

26% 26% 28% 83% 26% 25% 22% 2% -3% 8%

2 Bedrooms 3 Bedrooms

141

Simon Fraser Hills

50% 10% 45%

39

Simon Fraser University SFU

77 22

4 Bedrooms & Greater

6

5

South Slope

10

TOTAL*

1010

267

Sperling-Duthie Sullivan Heights

3

NA

50

19

38%

SnapStats®

March

April 1010

Variance

Suncrest The Crest

0 3 0 2 3

NA

Inventory

807 218

100%

Solds

267

Upper Deer Lake Vancouver Heights

NA*

Sale Price

$760,000 $780,000 3%

11

9%

Sale Price SQFT

$889

$911

Westridge

NA

Sale to List Price Ratio

101% 98%

Willingdon Heights

100%

Days on Market

12

13

TOTAL*

1010

267

26%

*Sales Ratio suggests market type and speed (ie Balanced 12-20%.) Refer to YTD reports for sustained periods. If >100% MLS® data reported previous month’s sales exceeded current inventory count.

Market Summary

• Market Type Indicator BURNABY ATTACHED : Sellers Market at 26% Sales Ratio average (2.6 in 10 homes selling rate) • Homes are selling on average 2% below list price • Most Active Price Band** $400,000 to $500,000 with average 54% Sales Ratio (Sellers market) • Buyers Best Bet** Homes between $1.5 mil to $1.75 mil, Capitol Hill, SFU, Vancouver Heights and up to 2 bedroom properties • Sellers Best Bet** Selling homes in Central Park, Government Road, South Slope and 3 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$780,000

$778,000

13 Month Market Trend

$769,900

$764,000 $760,000

$757,000 $753,999

$748,000

$746,000 $745,450

$730,000

1010

$720,000 $728,000

873

823

819

807

714

709

709

667

667

629

617

572

267

253

245

218

208

207

199

171

158

151

356

339

312 JUN

APR

MAY

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

Compliments of...

Maria Senajova Personal Real Estate Corporation Stilhavn Real Estate Services

VancouverUrbanHomes.com

604.657.1110

maria@vancouverurbanhomes.com

©2010-2024 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on May 1, 2024 from Greater Vancouver REALTORS® MLS database. Refer to our YTD reports for sustained periods of the Sales Ratio %. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Maria Senajova do not assume any responsibility or liability. More info at snap-stats.com.