|
Burnaby Housing Market Forecasts and Trends
| |
|
|
|
|
|
Hello Friends, It’s Bill Coughlin!
Have these Market Reports helped you?
💰 I’ve spent over $500,000 and 42 years creating the most accurate Real Estate Forecasts for Fraser Valley & Vancouver!
✅ If you find value in these reports — TEXT ME to let me know you want them to continue!
❓Need help understanding what this means for your property?
📞 Call me for your Free Market Analysis of your home.
📲 Text me now at 778-374-3744. I’m here to help put More Money in Your Pocket!
|
Burnaby Real Estate Market Reports and Forecasts
Previous Report
Burnaby Housing Market Update
East Burnaby, Government Road, Deer Lake, Capitol Hill BN, South Slope and all the sub-areas of Burnaby Real Estate Market Update Report.
|
|
What are Burnaby's Best and Worst Investments?
Archive Peak to Date Price Changes
May 1, 2025
 |
Current: Burnaby's Residential Detached housing market is in a Buyer's Market with 8 %SOLD rate.
(This means 7 homes out of 100 sold last month with an average $96,525 decrease from the original price) Lesson
Most Active Range: Homes below $1.7 mill. have 15.4 %SOLD rate
Least Active Range: Homes above $3.5 mill. have 2.6 %SOLD rate.
History: The Burnaby Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $45,103.
The Burnaby Home PriceIndexHPIp (Lower 50%) Year-To-Date shows that prices decreased $6,250.
*The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.
Forecast: Burnaby has a normal Listing supply; 363 homes are for sale and with the 8 %SOLD monthly rate gives us a ~13 months of inventory. 4% of the active listings have reduced their price by $143,731 on average or $100,000 median. We project Burnaby now in Buyer's market.
Greater Vancouver March 2025:
March Brings a Spark of Life to a Very Slow Market!
In March, 52% of single-family homes climbed in value. The average price rose by $1,506, a solid shift after that $4,022 drop we saw in February.
But watch out—the election fog is here. We forecast that many buyers and sellers will hit pause until it's over. That means we will slide into a buyer’s market across Metro Vancouver.
Condos? Our most affordable market saw a whopping 72% increase, with values climbing $3,320 on average. Townhouses didn’t get the same boost—the average price still dipped by $2,218. We forecast that condos and townhomes will level off or keep tipping in the buyer’s favour as we move through the election and the Trump Tariffs.
Want to know which markets are heating up—or cooling down? Check VancouverMarketReports.com every Saturday at noon to see the weekly changes. 📞 Need expert advice or a free Home Market Analysis? Call Bill Coughlin and the Coughlin Team at 778-374-3744. Let’s help you make the right move.
Fraser Valley March 2025:
March Brings a Spark of Life to a Very Slow Fraser Valley Market!
In March, 61% of detached homes went up in value. On average, single-family homes increased by $1,066, which is a nice change after the $5,136 drop in February.
But watch out—the election fog is here. We forecast that many buyers and sellers will hit pause until it's over. That means we will slide into a buyer’s market across Metro Vancouver.
Condos? Our most affordable market saw a 67% of them went up in price, with an average increase of $1,483. Townhouses didn’t get the same boost—the average price still dropped by $1,486. We forecast that condos and townhomes will level off or keep tipping in the buyer’s favour as we move through the election and the Trump Tariffs.
Want to know which markets are heating up—or cooling down? Check VancouverMarketReports.com every Saturday at noon to see the weekly changes. 📞 Need expert advice or a free Home Market Analysis? Call Bill Coughlin and the Coughlin Team at 778-374-3744. Let’s help you make the right move.
|
Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.
We invite you to analyze your home value/investment in 30+ market areas by inputting your previous purchase price and date in the Evaluator below! See "Evaluator / Forecaster" movie for directions. To see your homes monthly price changes from now on, just email your report to yourself. (3 bars link to email function)
|
$1,198,880
Residential
36189 Dawn Crescent
Abbotsford East
SEE MOVIE Great News for Nature Lovers! Sunrise Park may be the greenest subdivision in the entire Lower Mainland—and that’s saying something after 43 years in real estate! This private, gated 25-acre retreat has just 23 homes and 13 acres of private parkland with 2 km of trails, bridges, waterfalls, and over 1,000 preserved trees! This .62-acre rancher is one of the most private—surrounded by 12 century-old cedars! 2,000 sqft, 3–4 beds, plus a loft over the garage—perfect for a studio or guest suite. Huge patio, raised garden beds, rock walls, and rhododendron gardens! Playground, gazebo, basketball court, wide lawns—room for RVs too! Bottom Line: A rare private forest retreat—secure, stunning, and move-in ready! PLS Watch the Multimedia Video :)
eXp Realty
$554,900
Residential
17 8917 Edward Street
Chilliwack Proper West
PLSE see movie. Welcome to the Gables. You will fall in love with this small townhome community. Offered here is a 3bdrm, 2bath inside unit over 1870sqft. The lower level offers a large foyer with storage, 2 car garage, a rec room and roughed in bathroom . Up to the main floor you will find an open concept plan where the living room flows into the kitchen and dining room seamlessly and out to your covered patio. The upper floor offers 3 good sized bdrms, a full size laundry room, the main bathroom and the master suite which has another full bathroom. The back yard is fully fenced for the family and pets. All this located walking distance to schools, shopping, parks, and the hospital.
eXp Realty
$570,000
Residential
14922 Parkwood Street
Sunshine Valley
SEE MOVIE: Recreational Nature Paradise. at Sunshine Valley. Yes, $4.4 million cheaper than a Banff home and only 43 mins to Chilliwack. this 2125 sq. ft. 3- 5 bedroom two story home with 1.5 basement suites on a FREEHOLD lot. The Resort style entertainment will amaze you; community swimming pool, hot tub, prickle ball, tennis and basketball courts. Enjoy ATVing, Hiking, Canoing. Main Club house kitchen can serve 100 people. This newer home is build with extreme quality: maintenance free with metal roof & all wood trim is clad with metal flashings. It has a fenced/ flat yard, RV-PAD & FULL HOOK-UPS ON SITE. Detached garage and enclosed carport. Gated community. Located 18 minutes to Hope & 43 mins to Chilliwack. 35 mins to Manning Park: Skiing, public Camp sites. Watch MultiMedia Video!
eXp Realty
$485,000
Residential
838 Belfort Road, Princeton, British Columbia V0X 1W0
Out of Town
-
eXp Realty
$2,099,900
Residential
12041 COUGHLIN COURT
Stave Falls
SEE the MOVIE: 1.5 acre lots with 2 homes per lot zoning at Hayward Lake Estates.Find us at 30782 Dewdney trunk road. We are between Maple Ridge and Mission. This quiet subdivision backs on to Hayward Lake. Each lot has big building envelopes for wide homes. The 2nd home could be perfect for that Mom, Dad or a family member. The boulevards are landscaped with over 1,000 Ornamental Shrubs and Trees. We re a gated secure focused community nestled in a nature setting. SEE the MOVIE:
eXp Realty
| |
|
Hello Friends,
It’s Bill Coughlin!
📞 Call me for your Free Market Analysis of your home.
📲 Text me now at
778-374-3744.
I’m here to help put More Money in Your Pocket!
|
|
