Balanced Market · avg price $1,498,000 · 1 sold (30d) · 70 days on market
The Burnaby Lake, Burnaby multi-family market is balanced, giving both buyers and sellers reasonable negotiating power. In the past 30 days, 1 multi-family properties sold across Burnaby Lake, Burnaby at an average sold price of $1,498,000. Multi-family properties are selling in an average of 70 days on the market. The absorption rate is 16.7% — meaning 16.7% of active multi-family inventory sells each month. Average multi-family prices in Burnaby Lake, Burnaby are down 2.8% compared to the 90-day average of $1,540,603.
No recent Triplex sales data for Burnaby Lake. Browse active Triplexes →
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12-month average sold price (all types combined)
Burnaby Lake is a Balanced Market for multi-family properties (absorption rate: 16.7%, 1 sold vs 6 active in the last 30 days).