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.

Buyer's Market13.2 mo supply — Buyer's

In Aug, 11 homes sold across Burke Mountain at an average price of $1,194,991 — down 15.2% from the prior month. Properties averaged 36 days on market.

Browse Homes For Sale
$1.22Mavg price · last month
Mar6-month avg price trend · MLS®Aug
11
Homes Sold
last 30 days
$1.19M
Avg Sold Price
last 30 days · sold properties
36d
Avg Days on Market
last 30 days · listed to sold
145
Active Inventory
live MLS · updated every 5 min
13.2 mo
Months of Supply
current absorption rate
View Homes For SaleRecently SoldFree Home EvaluationMonthly Reports →
3-Year Price Trend
$1.2M
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$1.89M$630,000-0.7%Buyer's Market
Townhouses$1.04M$882,113-13.4%Buyer's Market
Market Insight

Townhouses are the most accessible entry point in Burke Mountain, currently averaging $1,040,544 — well below the cost of a detached home.

Houses have declined the least over the past year at -0.7%, while Townhouses saw the weakest movement at -13.4%.

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:Buyer's Market
House:Buyer's Market
Townhouse: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.

How does this period compare?

MetricAug · Last 30 daysJulAug (LY)
Homes Sold10-66.7%3025
Avg Sold Price$1.22M-15.2%$1.44M$1.46M
Avg Days on Market38d+100.0%19d35d

By Property Type

All property types
Property Type
TypeSold (30d)Avg SoldAvg DOMActiveMarket
Duplex0N/A0d3Buyer's Market
House2$1,890,000118d60Buyer's Market
Townhouse9$1,040,54418d82Buyer'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 $1,551,000 in Burke Mountain. 2020+ homes sell the fastest — avg 18 days on market. Prices fell 32% from 2010s to 2020+.
Avg Sold PriceAvg Days on Market
$1,551,000$1,061,48883d18d2010s2020+
3 sold8 sold

By Bathroom Count

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

2 baths1 sold
13d$873,000
3 baths6 sold
10d$965,317
4 baths4 sold
80d$1,620,000

Storey Count

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

2 Storey2 sold
118d$1,890,000

Lot Size

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

Insight: Homes on larger lots (8,000+ sqft) command a 39% price premium vs. the smallest lots — averaging $2,200,000 vs. $1,580,000.
4,000-6,000 sqft1 sold
187d$1,580,000
6,000-8,000 sqft1 sold
49d$2,200,000

Frequently Asked Questions — Burke Mountain Market

Is Burke Mountain a buyer's or seller's market right now?+
Burke Mountain is currently a buyer's market. The absorption rate — the pace at which active listings are being absorbed by buyers — points to more supply than demand, giving buyers more negotiating room. There are 145 active listings and 11 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 $1,194,991, 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 7.6%, 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.
How long do homes stay on the market in Burke Mountain?+
Homes in Burke Mountain are selling in an average of 36 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 18 days on market. Townhouse listings also represent some of the strongest demand, with 9 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 $1,890,000. Townhouses average $1,040,544. 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, houses have shown the strongest year-over-year price movement in Burke Mountain at -0.7% 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?+
11 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 13.2 months reflects a buyer's market.
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