Seller guide · Simon Fraser Univer.

Selling your unit at 8940 University Crescent

Terraces at The Peak at 8940 University Crescent has 38 recorded sales since 2021 on the MLS®, from $400,000 to $1,200,000. Here is what that history says about pricing your home — and what it does not.

Sold history · 2021–2026
38
Sales recorded
$636,500
Median sold
$618,618
Average sold
50
Avg days on market
98.2%
Of asking price
$786
Avg $/sq ft

What units sell for at Terraces at The Peak

By bedroom count, across all 38 recorded sales. Types with fewer than two sales are omitted rather than averaged.

TypeSalesAverageRange$/sq ft
Studio · ~525 sq ft5$427,000$400K – $470K$819
1 bedroom · ~589 sq ft9$495,000$456K – $518K$840
2 bedroom · ~925 sq ft24$704,896$540K – $1.2M$758

Sales by year

How often units change hands here, and for how much. The last 12 months ran up 17.6% against the year before.

20216 · $589K
202214 · $634K
20236 · $662K
20242 · $689K
20256 · $534K
20264 · $637K

Common questions

Who is the best realtor to sell a unit at Terraces at The Peak?

There is no single "best" agent, and anyone claiming the title cannot substantiate it. What matters is whether your agent knows this building: Terraces at The Peak has recorded 38 sales since 2021, averaging $618,618 and 50 days on market. Saeed Farahani works Simon Fraser Univer. and will walk you through those comparables before you list.

What is my unit at 8940 University Crescent worth?

38 units at Terraces at The Peak have sold since 2021, from $400,000 to $1,200,000, with a median of $636,500. Price depends heavily on bedroom count — studio units average $427,000, 1-bed units average $495,000, 2-bed units average $704,896. Your exact figure depends on floor, exposure, outlook and condition, which is what a valuation is for.

How long does it take to sell at Terraces at The Peak?

Sales at Terraces at The Peak have averaged 50 days on market, achieving 98.2% of asking price. 5 units have sold here in the last 12 months.

Are prices at Terraces at The Peak going up or down?

Units at Terraces at The Peak sold for an average of $621,800 over the last 12 months, against $528,600 the year before — up 17.6%. That is a building-level average across 5 and 5 sales respectively, not a forecast.

Figures are drawn from recorded MLS® sales at Terraces at The Peak (EPS7239) from 2021 onward and describe the building, not any individual home. They are not an appraisal. See building details, amenities and current listings →

Saeed Farahani
Saeed Farahani
Re/Max Crest Realty
778-883-3264
BUILDING SPECIALIST
Free Home Evaluation
No obligation · Based on actual sold data
Your property
Enter the unit details — we'll pull the comparable sales for this building.

Why work with Saeed

Real estate expertise you can count on — reach out any time.

Call 778-883-3264or send a message
Sell Your Unit at 8940 University Crescent (Terraces at The Peak) — 38 recorded sales since 2021, Avg $619K