Market Report›January 2024›Burnaby Lake
Neighbourhood Market Report

January 2024 Real Estate Market — Burnaby Lake

The Burnaby Lake market recorded 4 sales in January 2024 at an average sold price of $1,653,250. This report covers all property types in Burnaby Lake.

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Seller'sBurnaby Lake real estate market conditions for January 2024
4
Homes Sold
$1,653,250
Avg Sold Price
51d
Avg Days on Market
$826,625
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 — January 2024

Frequently Asked Questions — Burnaby Lake

How did the Burnaby Lake real estate market perform in January 2024?+
In January 2024, 4 homes sold in Burnaby Lake at an average price of $1,653,250, spending an average of 51 days on the market at $826,625/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 January 2024 market mean for sellers in Burnaby Lake?+
Burnaby Lake sellers in January 2024 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.
How did Burnaby Lake compare in January 2024 vs. November 2023?+
Compared to November 2023, Burnaby Lake sales were up 100% (2 vs 4 sold) and the average sold price was down 2% to $1,653,250.
Recent Burnaby Lake Reports

What does the January 2024 Burnaby Lake market mean for you?

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

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