Burnaby BC Condo Market Update for Burnaby BC – November 2017

Average Sales Price

Average Sales Price of one bedroom and studio condos in Burnaby in November 2017 (see graph below)

Burnaby East: $486,300 | +9.3% (change since November 2016)

Burnaby North: $444,990 | +37.0% (change since November 2016)

Burnaby South: $485,474 | +36.1% (change since November 2016)


Average Percent of Original Price

Average Percent of Original Asking Price of one bedroom and studio condos in Burnaby in November 2017 (see graph below)

Burnaby East: 106.6% | +7.8% (change since November 2016)

Burnaby North: 103.0% | +4.0% (change since November 2016)

Burnaby South: 102.2% | +2.8% (change since November 2016)


Average Price Per Square Foot

Average Price Per Square Foot of one bedroom and studio condos in Burnaby in November 2017 (see graph below)

Burnaby East: $754 | +17.4% (change since November 2016)

Burnaby North: $653 | +28.8% (change since November 2016)

Burnaby South: $796 | +38.0% (change since November 2016)


Total Inventory

Total Inventory of one bedroom and studio condos in Burnaby in November 2017 (see graph below)

Burnaby East: 3 | -66.7% (change since November 2016)

Burnaby North: 12 | -53.8% (change since November 2016)

Burnaby South: 29 | +52.6% (change since November 2016)


New Listings

New Listings of one bedroom and studio condos in Burnaby in November 2017 (see graph below)

Burnaby East: 5 | +25.0% (change since November 2016)

Burnaby North: 26 | +73.3% (change since November 2016)

Burnaby South: 36 | +157.1% (change since November 2016)


Total Sales

Total Sales of one bedroom and studio condos in Burnaby in November 2017 (see graph below)

Burnaby East: 5 | +400.0% (change since November 2016)

Burnaby North: 37 | +94.7% (change since November 2016)

Burnaby South: 26 | +13.0% (change since November 2016)


Sales to Actives Ratio

Sales to Active Listings Ratio of one bedroom and studio condos in Burnaby in November 2017 (see graph below)

Burnaby East: 1.667 | +1,401.8% (change since November 2016)

Burnaby North: 3.083 | +321.8% (change since November 2016)

Burnaby South: 0.897 | -25.9% (change since November 2016)

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