Townhouses Market Report

October 2023 Parkcrest Townhouses Market

Townhouses market data for Parkcrest, Burnaby — covering sales volume, pricing, and days on market for October 2023.

OctNov →All Reports →
Buyer's MarketParkcrest townhouses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
2
All Types Sold
$2.72M
Avg Sold Price
160d
Avg Days on Market
$884,222
Avg $/sqft

October 2023 Parkcrest Market Snapshot

All property types — historical MLS® data for Parkcrest in October 2023.

All Types Sold2
Avg Sold Price$2,724,389
Avg Days on Market160 days
Avg Price per ft²$884,222

Parkcrest Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20264$1,822,5007d$968,542—
August 20263$2,722,933122d$753,587Seller's
July 20262$2,012,50046d$827,083Seller's
June 20265$1,933,50027d$829,250Seller's
May 20261$2,140,00016d$713,333Balanced
April 20269$2,163,94436d$926,565Seller's

Frequently Asked Questions — Parkcrest Townhouses

How did the Parkcrest townhouses market perform in October 2023?+
October 2023 townhouses data for Parkcrest is being compiled. Check back soon or view the full Parkcrest market report.
What is the absorption rate for townhouses in Parkcrest?+
Parkcrest townhouses has a sales-to-active listings ratio (SALR) of 10.1%, 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.
Is it a good time to buy a townhouse in Parkcrest?+
Parkcrest townhouses are currently in a buyer's market. Whether now is the right time depends on your personal timeline, budget, and goals. A knowledgeable local agent can help you assess current opportunities.
How did the overall Parkcrest market perform in October 2023?+
In October 2023, the Parkcrest real estate market (all property types) recorded 2 sales at an average price of $2,724,389, with properties averaging 160 days on market at $884,222 per square foot.
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