Market Report›October 2023›Burnaby Lake
Neighbourhood Market Report

October 2023 Real Estate Market — Burnaby Lake

The Burnaby Lake market recorded 2 sales in October 2023 at an average sold price of $1,199,500. This report covers all property types in Burnaby Lake.

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Seller'sBurnaby Lake real estate market conditions for October 2023
2
Homes Sold
$1,199,500
Avg Sold Price
32d
Avg Days on Market
$799,500
Avg $/sqft

Burnaby Lake Market Trend — All Property Types

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20263$1,325,50050d$609,125—
August 20263$1,030,00050d$613,657Seller's
July 20264$1,729,00056d$552,223Seller's
June 20263$1,310,60335d$839,968Seller's
May 20262$1,650,00019d$825,000Seller's
April 20267$1,850,04356d$867,164Seller's
March 20262$2,516,00022d$1,222,250Seller's
February 20262$1,716,00027d$966,000Seller's
January 20266$1,706,00089d$933,278Seller's
December 20252$1,662,50049d$831,250Seller's
November 20252$1,162,50038d$581,250Seller's
September 20253$1,070,0006d$878,333Seller's
July 20253$1,653,33349d$805,000Seller's
June 20254$1,897,50023d$1,003,750Seller's
May 20252$1,393,00016d$564,333Seller's
April 20252$1,118,0005d$836,000Seller's
March 20252$2,818,73899d$758,956—
February 20251$1,015,0007d$1,015,000Seller's
January 20252$2,402,50070d$600,625Seller's
November 20245$1,700,20048d$798,100Seller's
October 20245$1,806,40015d$747,200Seller's
September 20244$1,871,50033d$948,417Seller's
August 20245$2,479,90046d$776,695Seller's
July 20241$1,278,00012d$1,278,000Balanced
June 20242$2,017,50023d$721,250Seller's
May 20241$2,200,0001d$550,000Seller's
April 20244$1,908,75048d$1,272,750—
March 20243$1,843,0005d$1,160,064Seller's
February 20243$1,677,267101d$1,002,267Seller's
January 20244$1,653,25051d$826,625Seller's
November 20232$1,683,70033d$828,700Seller's
October 20232$1,199,50032d$799,500Seller's

Burnaby Lake by Property Type — October 2023

Frequently Asked Questions — Burnaby Lake

How did the Burnaby Lake real estate market perform in October 2023?+
In October 2023, 2 homes sold in Burnaby Lake at an average price of $1,199,500, spending an average of 32 days on the market at $799,500/sqft.
Is it a good time to buy in Burnaby Lake?+
Burnaby Lake is currently a seller's. Whether now is the right time depends on your timeline and budget — a knowledgeable local agent can identify current value opportunities and help you structure a competitive offer.
What does the October 2023 market mean for sellers in Burnaby Lake?+
Burnaby Lake sellers in October 2023 benefited from tight supply and motivated buyers. Well-priced, well-presented homes attracted strong interest. A local CMA ensures your list price is calibrated to current sold data.
Recent Burnaby Lake Reports

What does the October 2023 Burnaby Lake market mean for you?

Saeed can explain what these numbers mean for your specific situation in Burnaby Lake.

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