Greater Vancouver

BURNABY

FEBRUARY 2024

Price Band & Bedroom DETACHED HOUSES

Com m unity 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 4 5 6 1 1 1 0 0 0 0 0 0 0

NA NA NA NA NA

Big Bend

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

0 1 0 1 1 0 4 0 1 0 1 5 2 1 1 3 1 0 3 1 0 0 0 2 0 1 1 4 0 1 1 2 0 1 1

NA

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

Brentwood Park

50%

Buckingham Heights Burnaby Hospital

NA

25% 17%

1,000,001 – 1,250,000 1 1,250,001 – 1,500,000 1 1,500,001 – 1,750,000 15 1,750,001 – 2,000,000 21 2,000,001 – 2,250,000 18 2,250,001 – 2,500,000 28 2,500,001 – 2,750,000 20 2,750,001 – 3,000,000 30 3,000,001 – 3,500,000 33 3,500,001 – 4,000,000 26 4,000,001 – 4,500,000 1 4,500,001 – 5,000,000 2 5,000,001 – 5,500,000 0 5,500,001 -6,000,000 0 6,000,001 -6,500,000 0 6,500,001 -7,000,000 0

Burnaby Lake

100%

Cariboo

NA

47% 67% 22% 18% 30%

CapitolHil

14

29%

14

Central

NA

CentralPark Deer Lake

17%

NA

DeerLake Place EastBurnaby

20% 50% 15% 10%

3% 3% 4%

10 13 10

Edmonds ForestGlen ForestHils

NA NA NA NA NA NA NA

100% 100%

Garden Vilage Governm entRoad Greentree Vilage

10

10%

NA

Highgate Metrotown Montecito Oakdale Oaklands Parkcrest

NA*

14%

7,000,001 & Greater

0

NA NA NA

TOTAL*

196

40

20%

2 Bedroom s & Less 3 to 4 Bedroom s 5 to 6 Bedroom s 7 Bedroom s & M ore

2

1

50% 21% 25% 15% 20%

25%

63 69 62

13 17

Sim on FraserHils

NA

Sim on FraserUniversity SFU

25%

9

South Slope

22

5%

TOTAL*

196

40

Sperling-Duthie Sulivan Heights

44%

NA

SnapStats®

January February Variance

Suncrest The Crest

100%

Inventory

173

196

13% -5%

33% 25% 17% 17% 20% NA

Solds

42

40

UpperDeerLake VancouverHeights

Sale Price

$2,065,000 $1,965,000 -5%

Sale Price SQFT

$802

$798

0% 1%

Westridge

Sale to ListPrice Ratio 98%

99%

W ilingdon Heights

Days on M arket

54

9

-83%

TOTAL*

196

40

*Sales Ratio suggests m arkettype and speed (ie Balanced 12-20% .)Referto YTD reports forsustained periods.If> 100% M LS® data reported previous m onth’s sales exceeded currentinventory count.

M arket Sum m ary

• M arketType Indicator BURNABY DETACHED :Balanced M arketat20% Sales Ratio average (2 in 10 hom es seling rate) • Hom es are seling on average 1% below listprice • M ostActive Price Band** $1.75 m ilto $2 m ilw ith average 67% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $2.75 m ilto $4 m il,South Slope and m inim um 7 bedroom properties • Selers BestBet** Seling hom es in EastBurnaby,Sperling-Duthie and 5 to 6 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$2,065,000

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

13 Month M arket Trend

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

$1,965,000

$1,950,000

$1,920,000

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

$1,853,500 $1,820,000

259

254

228

228

226

221

196

193

180

180

177

173

158

90

74

64

59

55

52

48

46

44

42

40

36

30

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

Com plim ents of...

Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services

VancouverUrbanHom es.com

604.657.1110

m aria@ vancouverurbanhom es.com

© 2010-2024 SnapStats® Publishing Co.Al rights reserved.No partofthis publication m ay be reproduced,copied,posted on the internetorforw arded in any printed orelectronic form atw ithoutw riten perm ission.This reportdata w as captured on M arch 1,2024 from the RealEstate Board ofGreaterVancouverM LS® .Referto ourYTD reports forsustained periods ofthe Sales Ratio % .The accuracy and com pleteness ofthe inform ation is notguaranteed.In providing this inform ation SnapStats® orM aria Senajova do notassum e any responsibility orliability.M ore info atsnap-stats.com .

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