Greater Vancouver

BURNABY

APRIL 2024

Price Band & Bedroom DETACHED HOUSES

Community DETACHED HOUSES

SnapStats® $0 - 700,000

Inventory

Sales

Sales Ratio

SnapStats®

Inventory

Sales

Sales Ratio

0 0 0 0

0 0 0 0 0 1 7 8 4 6 5 2 0 0 0 0 0 0 0

NA NA NA NA NA

Big Bend

4 6 3 6 6 0 7 7 9 3 2 3 6 5 8 0 0 0 9 8 2 1 5 8 9 9 6

3 2 1 1 2 0 9 1 0 1 1 3 0 4 0 0 2 1 0 3 0 0 0 2 0 0 4 6 0 2 3 2 1 0 1

75% 33% 33% 17% 33% 64% 14% 10% 17% 16% NA NA

700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

Brentwood Park

Buckingham Heights Burnaby Hospital

1,000,001 – 1,250,000 0 1,250,001 – 1,500,000 2 1,500,001 – 1,750,000 10 1,750,001 – 2,000,000 31 2,000,001 – 2,250,000 33 2,250,001 – 2,500,000 32 2,500,001 – 2,750,000 29 2,750,001 – 3,000,000 28 3,000,001 – 3,500,000 45 3,500,001 – 4,000,000 33 4,000,001 – 4,500,000 3 4,500,001 – 5,000,000 4 5,000,001 – 5,500,000 0 5,500,001 - 6,000,000 0 6,000,001 - 6,500,000 1 6,500,001 - 7,000,000 1

Burnaby Lake

50% 70% 32% 36% 25% 14% 21% 11%

Cariboo

Capitol Hill

14

10 12

Central

Central Park Deer Lake

10

Deer Lake Place East Burnaby

19 12

Edmonds Forest Glen Forest Hills

NA

6%

44%

NA NA NA NA NA NA NA

NA NA

Garden Village Government Road Greentree Village

16

13% 33%

Highgate Metrotown Montecito Oakdale Oaklands Parkcrest

NA

60%

7,000,001 & Greater

1

NA NA NA NA NA

TOTAL*

253

55

22%

2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More

4

2

50% 33% 23%

11

18%

61

20 26

Simon Fraser Hills

112

Simon Fraser University SFU

76

7

9%

South Slope

27

15% 75%

TOTAL*

253

55

22%

Sperling-Duthie Sullivan Heights

NA

SnapStats®

March

April 253

Variance

Suncrest The Crest

200%*

Inventory

193

31% -2% 9% -6% -33%

60% 17% 13% 11% 22% NA

Solds

56

55

Upper Deer Lake Vancouver Heights

12

Sale Price

$2,191,000 $2,200,069 0%

Sale Price SQFT

$789

$857

Westridge

Sale to List Price Ratio

102% 96%

Willingdon Heights

Days on Market

12

8

TOTAL*

253

55

*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 DETACHED : Sellers Market at 22% Sales Ratio average (2.2 in 10 homes selling rate) • Homes are selling on average 4% below list price • Most Active Price Band** $1.5 mil to $1.75 mil with average 70% Sales Ratio (Sellers market) • Buyers Best Bet** Homes between $3.5 mil to $4 mil, Deer Lake, Government Road, Vancouver and Willingdon Heights • Sellers Best Bet** Selling homes in Capitol Hill, 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 $2,200,069

13 Month Market Trend

$2,065,000

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

$2,019,000

$1,965,000

$1,950,000 $2,006,400

$1,920,000

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

259

254

253

228

228

226

221

196

193

193

177

173

158

90

74

64

59

56

55

55

46

44

42

40

36

30

APR

MAY

JUN

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.

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