Greater Vancouver

STATS DET BURNABY MARCH 2024 Price Band & Bedroom DETACHED HOUSES Community DETACHED HOUSES SnapStats® Inventory Sales Sales Ratio SnapStats® Inventory Sales Sales Ratio $0 - 700,000 0 0 NA Big Bend 7 0 NA 0 0 NA Brentwood Park 2 1 50% 0 0 NA Buckingham Heights 2 2 100% 0 0 NA Burnaby Hospital 4 1 25% 0 1 NA* Burnaby Lake 6 2 33% 0 2 NA* Cariboo 0 0 NA 10 10 100% Capitol Hill 17 1 6% 22 7 32% Central 6 2 33% 17 11 65% Central Park 6 1 17% 27 10 37% Deer Lake 9 0 NA 22 7 32% Deer Lake Place 4 1 25% 25 1 4% East Burnaby 11 3 27% 42 3 7% Edmonds 12 2 17% 23 3 13% Forest Glen 9 4 44% 1 1 100% Forest Hills 1 0 NA 3 0 NA Garden Village 2 1 50% 0 0 NA Government Road 7 2 29% 5,500,001 - 6,000,000 0 0 NA Greentree Village 2 1 50% 6,000,001 - 6,500,000 0 0 NA Highgate 2 1 50% 6,500,001 - 7,000,000 0 0 NA Metrotown 5 4 80% 7,000,001 & Greater 1 0 NA Montecito 2 3 150%* TOTAL* 193 56 29% Oakdale 0 0 NA Oaklands 0 0 NA 2 Bedrooms & Less 5 0 NA Parkcrest 7 4 57% 3 to 4 Bedrooms 45 28 62% Simon Fraser Hills 0 0 NA 5 to 6 Bedrooms 79 16 20% Simon Fraser University SFU 5 0 NA 7 Bedrooms & More 64 12 19% South Slope 20 4 20% TOTAL* 193 56 29% Sperling-Duthie 13 6 46% Sullivan Heights 1 0 NA SnapStats® February March Variance Suncrest 2 0 NA Inventory 196 193 -2% The Crest 5 1 20% Solds 40 56 40% Upper Deer Lake 7 3 43% Sale Price $1,965,000 $2,191,000 12% Vancouver Heights 5 4 80% Sale Price SQFT $798 $789 -1% Westridge 4 2 50% Sale to List Price Ratio 99% 102% 3% Willingdon Heights 8 0 NA Days on Market 9 12 33% TOTAL* 193 56 29%

Market Summary

Market Type Indicator BURNABY DETACHED: Sellers Market at 29% Sales Ratio average (2.9 in 10 homes selling rate) Homes are selling on average 2% above list price Most Active Price Band** $1.5 mil to $1.75 mil with average 100% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $2.75 mil to $3 mil, Capitol Hill and minimum 5 bedroom properties Sellers Best Bet** Selling homes in Forest Glen, Sperling-Duthie and 3 to 4 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$2,191,000

13 Month Market Trend

$2,065,000

$2,044,400 $2,070,000

$2,006,400 $2,019,000

$1,965,000

$1,950,000

$1,920,000

$1,916,500 $1,916,500 $1,900,000

$1,820,000

259

254

228

228

226

221

196

193

193

180

177

173

158

90

74

64

59

56

55

52

46

44

42

40

36

30

MAR

APR

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MAR

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 April 2, 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.