Townhouses Market Report

October 2023 Sullivan Heights Townhouses Market

Townhouses market data for Sullivan Heights, Burnaby — October 2023. Average sold price $789,600, 5 sold in 30 days, 59 avg days on market.

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Buyer's MarketSullivan Heights townhouses is currently a buyer's market. 7.4% sales-to-active listings ratio — homes selling in an average of 59 days, at an average sold price of $789,600 — well-priced properties are attracting strong demand.
5
Townhouses Sold (30d)
$790K
Avg Sold Price
59d
Avg Days on Market
68
Homes For Sale

Current Sullivan Heights Townhouses Stats

Live MLS® data updated every 5 minutes. Most recent 30-day rolling window.

Townhouses Sold (30d)5
Avg Sold Price$789,600
Homes For Sale68
Avg Days on Market59 days
Months of Supply13.6 mo

October 2023 Sullivan Heights Market Snapshot

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

All Types Sold15
Avg Sold Price$672,288
Avg Days on Market29 days
Avg Price per ft²$989

Sullivan Heights Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20265$789,60059d$140,564—
August 202610$801,25045d$56,654Seller's
July 202615$670,36730d$151,982Seller's
June 202613$723,83843d$226,322Seller's
May 202613$719,83144d$65,545Seller's
April 20268$751,31323d$409,233Seller's

Frequently Asked Questions — Sullivan Heights Townhouses

How did the Sullivan Heights townhouses market perform in October 2023?+
The Sullivan Heights townhouses market currently shows 5 units sold in the last 30 days at an average price of $789,600, with an average of 59 days on market. Buyers have more choice and negotiating leverage. This data reflects the most recent 30-day MLS® activity.
What is the average price of a townhouse in Sullivan Heights?+
The average sold price for a townhouse in Sullivan Heights is currently $789,600, based on MLS® sales over the past 30 days. Prices vary by size, floor, age, and condition. Contact a local agent for a property-specific valuation.
How long do townhouses take to sell in Sullivan Heights?+
Townhouses in Sullivan Heights are currently selling in an average of 59 days on market. Well-priced properties in good condition tend to sell faster — sometimes within days of listing. Properties at higher price points may take longer.
What is the absorption rate for townhouses in Sullivan Heights?+
Sullivan Heights townhouses has a sales-to-active listings ratio (SALR) of 7.4%, 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 Sullivan Heights?+
Sullivan Heights townhouses are currently in a buyer's market. The average price is $789,600. 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 Sullivan Heights market perform in October 2023?+
In October 2023, the Sullivan Heights real estate market (all property types) recorded 15 sales at an average price of $672,288, with properties averaging 29 days on market at $989 per square foot.
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