Second Street
Second Street

Second Street Housing Market Report

All types - for the month of March

Buyer's market Seller's market

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

-

New

-

Relisted

-

Compared to number of active, same period, in 2024: -, in 2023: -, in 2022: -

Total Sold Listings*

-

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: -, in 2023: -, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Second Street - All types

Sold vs Active vs New vs Relisted - Second Street - All types

Sold Price Distribution - Second Street - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Second Street - All types

Property type distribution based on data from the last 3 months.

Median Price - Second Street - All types

Population and Demographics

Overview

Total population 4991
Average household income $134,800

Age (%)

65 and plus
20%
20 to 34
20%
50 to 64
20%
0 to 19
20%
35 to 49
19%

Household composition (%)

Single family
67%
Single person
25%
Multi person
5%
Multi family
3%

Mother tongue (%)

English
44%
Punjabi (Panjabi)
12%
Mandarin
10%
Yue (Cantonese)
10%
Tagalog (Pilipino, Filipino)
6%
Hindi
3%
Spanish
3%
Others
2%
Arabic
1%
Vietnamese
1%

House tenancy (%)

Owners
60%
Renters
40%

Top 2 Schools in Second Street

John Knox Christian - Elementary Campus8260 13th Ave, V3N 2G5, Burnaby, BC
8.8/10
Private•K-7
Second Street Community Elementary7502 2nd St, V3N 3R5, Burnaby, BC
5.7/10
Public•K-7

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

3/5

Some day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

3/5

Some restaurants within walking distance