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August 2016 Real Estate Market Stats For Burnaby


Blog by Lynn Le Drew, PREC* | September 3rd, 2016


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Real Estate Market Stats for Burnaby BC - August 2016


Burnaby Detached Homes

  • 10% Sales Ratio  - this officially makes it a BUYER"S Market
  • Home on average are selling 4% BELOW list price in Burnaby
  • Average days on market = 12
  • Inventory levels have increased by 4%
  • Average sales price has decreased by 8% since July

Burnaby Attached Homes
  • 52% Sales Ratio - this is officially a BUYERS MARKET
  • Detached Homes on average are selling 3% over list price in Burnaby
  • Average days on market = 10
  • Inverntory levels have increased by 13%
  • Average sales price has deceased by 6% since July


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