Burnaby BC 1 Bedroom and Studio Condo Units Market Update – April 2018

Average Sales Price

Average Sales Price for one bedroom and studio condo units in Burnaby in April 2018 (see graph below)

Burnaby East: $477,972 | +11.3% (change since April 2017)

Burnaby North: $515,380 | +22.4% (change since April 2017)

Burnaby South: $506,238 | +16.4% (change since April 2017)


Average Percent of Original Price

Average Percent of Original Asking Price for one bedroom and studio condo units in Burnaby in April 2018 (see graph below)

Burnaby East: 100.8% | -4.6% (change since April 2017)

Burnaby North: 104.5% | +3.0% (change since April 2017)

Burnaby South: 101.5% | -1.3% (change since April 2017)

 


Average Listing to Contract Days

Average Listings to Contract Days for one bedroom and studio condo units in Burnaby in April 2018 (see graph below)

Burnaby East: 12 | +33.3% (change since April 2017)

Burnaby North: 9 | -43.8% (change since April 2017)

Burnaby South: 23 | +76.9% (change since April 2017)


Average Price Per Square Foot

Average Price Per Square Foot for one bedroom and studio condo units in Burnaby in April 2018 (see graph below)

Burnaby East: $840 | +27.1% (change since April 2017)

Burnaby North: $782 | +24.1% (change since April 2017)

Burnaby South: $802 | +18.3% (change since April 2017)


Total Inventory

Total Inventory of one bedroom and studio condo units in Burnaby in April 2018 (see graph below)

Burnaby East: 4 | -60.0% (change since April 2017)

Burnaby North: 26 | -21.2% (change since April 2017)

Burnaby South: 38 | +18.8% (change since April 2017)


New Listings

New Listings of one bedroom and studio condo units in Burnaby in April 2018 (see graph below)

Burnaby East: 4 | -33.3% (change since April 2017)

Burnaby North: 34 | -5.6% (change since April 2017)

Burnaby South: 41 | +5.1% (change since April 2017)


Sales

Total Sales of one bedroom and studio condo units in Burnaby in April 2018 (see graph below)

Burnaby East: 6 | +20.0% (change since April 2017)

Burnaby North: 25 | -21.9% (change since April 2017)

Burnaby South: 21 | -46.2% (change since April 2017)


Sales to Actives Ratio

Sales to Active Listings Ratio for one bedroom and studio condo units in Burnaby in April 2018 (see graph below)

Burnaby East: 1.500 | +200.0% (change since April 2017)

Burnaby North: 0.962 | -0.8% (change since April 2017)

Burnaby South: 0.553 | -53.2% (change since April 2017)

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