December 2023 Simon Fraser Hills Townhouses Market

The Simon Fraser Hills townhouses market currently shows 1 units sold in the last 30 days at an average price of $1,053,000, with an average of 45 days on market. Buyers have more choice and negotiating leverage. This data reflects the most recent 30-day MLS® activity.

The average sold price for a townhouse in Simon Fraser Hills is currently $1,053,000, 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.

Townhouses in Simon Fraser Hills are currently selling in an average of 45 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.

Simon Fraser Hills townhouses has a sales-to-active listings ratio (SALR) of 8.3%, 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.

Simon Fraser Hills townhouses are currently in a buyer's market. The average price is $1,053,000. Whether now is the right time depends on your personal timeline, budget, and goals. A knowledgeable local agent can help you assess current opportunities.

In December 2023, the Simon Fraser Hills real estate market (all property types) recorded 1 sales at an average price of $480,000, with properties averaging 38 days on market at $554 per square foot.

Compared to November 2023, overall Simon Fraser Hills sales volume was down 75% (4 vs 1 homes sold) and the average sold price was down 14% to $480,000.