Houses Market Report

December 2024 Central BN Houses Market

Houses market data for Central BN, Burnaby — December 2024. Average sold price $2,900,000, 1 sold in 30 days, 48 avg days on market.

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Buyer's MarketCentral BN houses is currently a buyer's market. 2.6% sales-to-active listings ratio — homes selling in an average of 48 days, at an average sold price of $2,900,000 — well-priced properties are attracting strong demand.
1
Houses Sold (30d)
$2.9M
Avg Sold Price
48d
Avg Days on Market
39
Homes For Sale

Current Central BN Houses Stats

Live MLS® data updated every 5 minutes. Most recent 30-day rolling window.

Houses Sold (30d)1
Avg Sold Price$2,900,000
Homes For Sale39
Avg Days on Market48 days
Months of Supply39.0 mo

December 2024 Central BN Market Snapshot

All property types — historical MLS® data for Central BN in December 2024.

All Types Sold3
Avg Sold Price$975,333
Avg Days on Market27 days
Avg Price per ft²$537,230

Central BN Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20261$2,900,00048d$1,450,000—
August 20262$989,00029d$681,500Seller's
July 20265$1,352,50022d$932,650Seller's
June 20266$1,586,75050d$891,070Seller's
May 20264$1,311,25010d$736,250Seller's
April 20264$1,269,50021d$733,821Seller's

Frequently Asked Questions — Central BN Houses

How did the Central BN houses market perform in December 2024?+
The Central BN houses market currently shows 1 units sold in the last 30 days at an average price of $2,900,000, with an average of 48 days on market. Buyers have more choice and negotiating leverage. This data reflects the most recent 30-day MLS® activity.
What is the average price of a house in Central BN?+
The average sold price for a house in Central BN is currently $2,900,000, based on MLS® sales over the past 30 days. Prices vary by size, floor, age, and condition. Contact a local agent for a property-specific valuation.
How long do houses take to sell in Central BN?+
Houses in Central BN are currently selling in an average of 48 days on market. Well-priced properties in good condition tend to sell faster — sometimes within days of listing. Properties at higher price points may take longer.
What is the absorption rate for houses in Central BN?+
Central BN houses has a sales-to-active listings ratio (SALR) of 2.6%, below the 12% threshold that defines a buyer's market. There are more homes available relative to demand, giving buyers more time to consider their options and more room to negotiate on price and conditions. Sellers may need to price competitively to attract offers.
Is it a good time to buy a house in Central BN?+
Central BN houses are currently in a buyer's market. The average price is $2,900,000. Whether now is the right time depends on your personal timeline, budget, and goals. A knowledgeable local agent can help you assess current opportunities.
How did the overall Central BN market perform in December 2024?+
In December 2024, the Central BN real estate market (all property types) recorded 3 sales at an average price of $975,333, with properties averaging 27 days on market at $537,230 per square foot.
How did Central BN compare in December 2024 vs. November 2024?+
Compared to November 2024, overall Central BN sales volume was down 57% (7 vs 3 homes sold) and the average sold price was down 27% to $975,333.
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