Houses Market Report

June 2025 Burnaby Lake Houses Market

Houses market data for Burnaby Lake, Burnaby — June 2025. Average sold price $1,325,500, 3 sold in 30 days, 50 avg days on market.

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Buyer's MarketBurnaby Lake houses is currently a buyer's market. 11.5% sales-to-active listings ratio — homes selling in an average of 50 days, at an average sold price of $1,325,500 — well-priced properties are attracting strong demand.
3
Houses Sold (30d)
$1.33M
Avg Sold Price
50d
Avg Days on Market
26
Homes For Sale

Current Burnaby Lake Houses Stats

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

Houses Sold (30d)3
Avg Sold Price$1,325,500
Homes For Sale26
Avg Days on Market50 days
Months of Supply8.7 mo

June 2025 Burnaby Lake Market Snapshot

All property types — historical MLS® data for Burnaby Lake in June 2025.

All Types Sold4
Avg Sold Price$1,897,500
Avg Days on Market23 days
Avg Price per ft²$1,003,750

Burnaby Lake Monthly Market Trend

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

Frequently Asked Questions — Burnaby Lake Houses

How did the Burnaby Lake houses market perform in June 2025?+
The Burnaby Lake houses market currently shows 3 units sold in the last 30 days at an average price of $1,325,500, with an average of 50 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 Burnaby Lake?+
The average sold price for a house in Burnaby Lake is currently $1,325,500, 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 Burnaby Lake?+
Houses in Burnaby Lake are currently selling in an average of 50 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 Burnaby Lake?+
Burnaby Lake houses has a sales-to-active listings ratio (SALR) of 11.5%, 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 Burnaby Lake?+
Burnaby Lake houses are currently in a buyer's market. The average price is $1,325,500. 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 Burnaby Lake market perform in June 2025?+
In June 2025, the Burnaby Lake real estate market (all property types) recorded 4 sales at an average price of $1,897,500, with properties averaging 23 days on market at $1,003,750 per square foot.
How did Burnaby Lake compare in June 2025 vs. May 2025?+
Compared to May 2025, overall Burnaby Lake sales volume was up 100% (2 vs 4 homes sold) and the average sold price was up 36% to $1,897,500.
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