Real estate market update for detached properties

MLS Home Price Index

MLS Home Price Index for the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: $1,269,200 | -3.9% (change since August 2017)

Burnaby North: $1,501,200 | -5.8% (change since August 2017)

Burnaby South: $1,621,000 | -5.6% (change since August 2017)

Average Sales Price of the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: $1,384,823 | -0.4% (change since August 2017)

Burnaby North: $1,749,432 | +1.2% (change since August 2017)

Burnaby South: $1,765,238 | -2.2% (change since August 2017)

Average Percent of Original Asking Price of the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: 96.1% | +0.1% (change since August 2017)

Burnaby North: 94.4% | -1.2% (change since August 2017)

Burnaby South: 90.3% | -2.9% (change since August 2017)

Total Inventory of the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: 67 | -5.6% (change since August 2017)

Burnaby North: 218 | -7.2% (change since August 2017)

Burnaby South: 254 | -6.3% (change since August 2017)

All New Listings of the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: 11 | -47.6% (change since August 2017)

Burnaby North: 53 | -30.3% (change since August 2017)

Burnaby South: 47 | -35.6% (change since August 2017)

Sales of the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: 7 | +75.0% (change since August 2017)

Burnaby North: 22 | -31.3% (change since August 2017)

Burnaby South: 12 | -58.6% (change since August 2017)

Sales to Active Listings Ratio of the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: 0.104 | +85.7% (change since August 2017)

Burnaby North: 0.101 | -25.7% (change since August 2017)

Burnaby South: 0.047 | -56.1% (change since August 2017)

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