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Market Report

Oaklands Real Estate Market

Live MLS® stats and 12-month trends for Oaklands, Burnaby — updated every 5 minutes.

Buyer's Market9.0 mo supplyCondos →Townhouses →Houses →
Quick Answer
  • 1Oaklands is currently a buyer's market.
  • 2The average sold price last month was $1,275,000.
  • 3Home prices are up 64.9% year-over-year.
Avg Sold Price
$1.27M
Homes Sold (30d)
1
Homes For Sale
9
Avg Days on Market
14d
Months of Supply
9.0 mo
Buyer's
9 homes for sale in Oaklands
3 condos · 5 townhouses · 1 houses

Oaklands is currently a buyer's market, with an average sold price of $1,275,000 across all property types over the past 30 days. At 9.0 months of supply, buyers in Oaklands have more selection and meaningful negotiating room compared to a typical seller's market. Oaklands offers a mix of property types including condos, townhouses, houses — condos and townhouses are popular for lower-maintenance living, while detached homes attract families seeking more space and a private yard. Homes here are selling in an average of 14 days on market. Browse active listings in Oaklands below, or speak with a local Burnaby agent for a personalised market assessment based on your needs.

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How Have Prices Trended in Oaklands?

24-month trend · Updated monthly

Month-over-Month Comparison

MetricSep · Last 30 daysAugMay (LY)
Homes Sold1-50.0%21
Avg Sold Price$1.27M-0.1%$1.28M$773K
Avg Days on Market14d-63.2%38d21d

Last 30 Days — By Property Type

Sold properties only

Condos:Buyer's Market
Townhouses:Balanced Market
Houses:Buyer's Market

What Does Each Home Cost?

By bedrooms & property type · Last 30 days sold

Type1 Bed2 Bed3 Bed4+ Bed
Apartment
$548K
$820/ft²
41 sold
$698K
$752/ft²
63 sold
$889K
$721/ft²
18 sold
$1.12M
$690/ft²
5 sold
Townhouse
$699K
$698/ft²
8 sold
$879K
$672/ft²
31 sold
$1.08M
$645/ft²
44 sold
$1.25M
$612/ft²
14 sold
House—
$1.19M
$580/ft²
6 sold
$1.49M
$558/ft²
22 sold
$2.25M
$498/ft²
18 sold

Studio = 0 bedrooms. 4+ Bed includes all homes with 4 or more bedrooms.

What Does Each Property Type Cost in Oaklands?

TypeAvg Sold PriceSold (30d)ActiveAvg DOMCondition
Condos—03—Buyer's MarketView Condos →
Townhouses$1.27M1514dSeller's MarketView Townhouses →
Houses—01—Buyer's MarketView Houses →

What Did Homes Sell for in Oaklands Recently?

View all sold →

Street addresses only. Click any address to view full details — some information requires sign-in.

Frequently Asked Questions — Oaklands Market

Is Oaklands a buyer's or seller's market right now?+
Oaklands is currently a buyer's market. There are 1 home sold in the last 30 days across all property types. The current absorption rate of 9.0 months of supply favours buyers.
What is the average home price in Oaklands?+
The average sold price across all property types in Oaklands is currently $1,275,000, based on sales over the past 30 days. Prices vary by type — condominiums start lower, while detached homes command a premium. Contact a local Burnaby agent for a current, property-specific estimate.
Have home prices come down in Oaklands?+
Overall home prices in Oaklands are up 64.9% compared to the same period last year, with townhouses averaging $1,275,000. This upward trend suggests continued demand in Oaklands — buyers who act sooner may benefit from locking in before further appreciation.
How long do homes stay on the market in Oaklands?+
Homes in Oaklands are currently selling in an average of 14 days on market. In a seller's market, well-priced homes can attract offers within the first week of listing. In a buyer's market, buyers typically have more time to evaluate options.
What does the absorption rate mean for Oaklands?+
Oaklands has a sales-to-active listings ratio (SALR) of 11.1%, 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.
What property types are available in Oaklands?+
Oaklands offers a mix of condos, townhouses, houses. Each type suits different lifestyles — condos and townhouses are popular for lower-maintenance living, while detached homes are sought by families looking for more space and a yard.
How can I get a home evaluation in Oaklands?+
You can request a free, no-obligation home evaluation through a local Burnaby real estate agent. They will research recent comparable sales in Oaklands and provide you with an accurate market valuation — typically within 24 hours.
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