Real Estate Market

Burke Mountain Real Estate Market

Live stats and monthly reports across Burke Mountain Nav serves — updated every 5 minutes from MLS® data.

Balanced Market6.1 mo supply — Balanced

In Aug, 24 homes sold across Burke Mountain at an average price of $1,292,588 — down 39.7% from the prior month. Properties averaged 19 days on market.

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$873Kavg price · last month
Mar6-month avg price trend · MLS®Aug
24
Homes Sold
last 30 days
$1.29M
Avg Sold Price
last 30 days · sold properties
19d
Avg Days on Market
last 30 days · listed to sold
147
Active Inventory
live MLS · updated every 5 min
6.1 mo
Months of Supply
current absorption rate
View Homes For SaleRecently SoldFree Home EvaluationMonthly Reports →
3-Year Price Trend
$873K
Avg sold price by type · last 36 months · MLS® data

Benchmark Prices by Property Type

Burke Mountain · Last 30 days
Property TypeAvg Sold PriceAvg $/sqftYoY ChangeCondition
Houses$2.19MBuyer's Market
Townhouses$1.07M$873,000-28.1%Seller's Market
Market Insight

Townhouses are the most accessible entry point in Burke Mountain, currently averaging $1,073,544 — well below the cost of a detached home.

Townhouses have declined the least over the past year at -28.1%.

Buyers currently have more negotiating room across all property types in Burke Mountain — consult a local agent before making pricing decisions.

Last 30 Days — By Property Type

Sold properties only

Duplex:Seller's Market
House:Buyer's Market
Townhouse:Balanced 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.

How does this period compare?

MetricAug · Last 30 daysJulAug (LY)
Homes Sold1-96.4%2825
Avg Sold Price$873K-39.7%$1.45M$1.46M
Avg Days on Market13d-35.0%20d35d

By Property Type

All property types
Property Type
TypeSold (30d)Avg SoldAvg DOMActiveMarket
Duplex2$1,460,40039d3Strong Seller's Market
House4$2,194,37546d63Buyer's Market
Townhouse18$1,073,54411d81Seller's Market

Recently Sold

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Deep Breakdown

Age, bathrooms, storeys, and lot size — how each factor shapes the sale price in Burke Mountain.

Age of Home — Does Year Built Affect Price?

Avg Sold Price & Days on Market by Year Built · Last 30 Days · Sold Properties

Insight: 2010s homes command the highest avg price at $2,194,375 in Burke Mountain. 2020+ homes sell the fastest — avg 14 days on market. Prices fell 49% from 2010s to 2020+.
Avg Sold PriceAvg Days on Market
$2,194,375$1,124,82146d14d2010s2020+
4 sold19 sold

By Bathroom Count

Avg Sold Price by Bathrooms · Last 30 Days · Sold Properties

1 bath1 sold
8d$1,099,900
3 baths13 sold
19d$1,048,446
4 baths8 sold
16d$1,543,050
5 baths1 sold
62d$3,075,000

Storey Count

Avg Sold Price by Storeys · Detached Houses · Last 30 Days · Sold Properties

2 Storey4 sold
46d$2,194,375

Lot Size

How Lot Size Affects Price · Detached Houses · Last 30 Days · Sold Properties

Insight: Homes on larger lots (8,000+ sqft) command a 43% price premium vs. the smallest lots — averaging $2,580,000 vs. $1,808,750.
4,000-6,000 sqft2 sold
31d$1,808,750
8,000+ sqft2 sold
62d$2,580,000

Frequently Asked Questions — Burke Mountain Market

Is Burke Mountain a buyer's or seller's market right now?+
Burke Mountain is currently a balanced market. The absorption rate — the pace at which active listings are being absorbed by buyers — points to roughly balanced conditions between buyers and sellers. There are 147 active listings and 24 homes sold in the last 30 days.
What is the average home price in Burke Mountain?+
The average sold price in Burke Mountain is currently $1,292,588, based on sales over the past 30 days. Prices vary significantly by property type — condominiums and townhouses typically start lower, while detached homes command a premium.
What does the absorption rate mean for Burke Mountain?+
Burke Mountain has a sales-to-active listings ratio (SALR) of 16.3%, sitting in balanced market territory (12–20%). Neither buyers nor sellers hold a strong advantage — homes are selling at a measured pace and sale prices tend to land close to the asking price.
How long do homes stay on the market in Burke Mountain?+
Homes in Burke Mountain are selling in an average of 19 days on market. Properties that are priced correctly and presented well tend to attract offers faster, sometimes within the first week of listing.
What types of properties sell fastest in Burke Mountain?+
Among all property types tracked, Townhouse properties are currently selling fastest in Burke Mountain with an average of 11 days on market. Townhouse listings also represent some of the strongest demand, with 18 sales in the last 30 days.
What is the average price of a house, townhouse, and condo in Burke Mountain?+
Detached houses in Burke Mountain average $2,194,375. Townhouses average $1,073,544. These figures reflect sold prices over the past 30 days from MLS® records and are updated monthly. Prices vary by neighbourhood, size, and condition — contact Nav for a personalised estimate.
Which property type has appreciated the most in Burke Mountain?+
Based on MLS® data, townhouses have shown the strongest year-over-year price movement in Burke Mountain at -28.1% compared to the same period last year. Price growth has been moderate overall — buyers should evaluate value on a property-by-property basis. Consult a local agent for current conditions before making investment decisions.
How many homes sold in Burke Mountain last month?+
24 homes sold in Burke Mountain over the past 30 days. Tracking monthly sales volume is one of the best indicators of market momentum — rising sales generally signal growing buyer confidence, while declining volume can signal hesitancy or seasonal slowdown.
What does "months of supply" mean in Burke Mountain?+
Months of supply measures how long it would take to sell all current active listings at the current pace of sales. Under 4 months is a seller's market; 4–6 months is balanced; over 6 months favours buyers. In Burke Mountain, the current absorption rate of 6.1 months reflects a balanced market.
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