Townhouses Market Report

January 2024 Forest Glen BS Townhouses Market

Townhouses market data for Forest Glen BS, Burnaby — January 2024. Average sold price $1,130,500, 4 sold in 30 days, 35 avg days on market.

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Buyer's MarketForest Glen BS townhouses is currently a buyer's market. 4.2% sales-to-active listings ratio — homes selling in an average of 35 days, at an average sold price of $1,130,500 — well-priced properties are attracting strong demand.
4
Townhouses Sold (30d)
$1.13M
Avg Sold Price
35d
Avg Days on Market
96
Homes For Sale

Current Forest Glen BS Townhouses Stats

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

Townhouses Sold (30d)4
Avg Sold Price$1,130,500
Homes For Sale96
Avg Days on Market35 days
Months of Supply24.0 mo

January 2024 Forest Glen BS Market Snapshot

All property types — historical MLS® data for Forest Glen BS in January 2024.

All Types Sold13
Avg Sold Price$1,331,177
Avg Days on Market18 days
Avg Price per ft²$571,857

Forest Glen BS Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20264$1,130,50035d$840,634—
August 202610$1,087,350132d$473,846Seller's
July 20269$926,22238d$417,785Seller's
June 202617$992,20660d$497,506Seller's
May 202615$1,265,95326d$517,874Seller's
April 202612$880,25043d$471,990Seller's

Frequently Asked Questions — Forest Glen BS Townhouses

How did the Forest Glen BS townhouses market perform in January 2024?+
The Forest Glen BS townhouses market currently shows 4 units sold in the last 30 days at an average price of $1,130,500, with an average of 35 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 Forest Glen BS?+
The average sold price for a townhouse in Forest Glen BS is currently $1,130,500, 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 Forest Glen BS?+
Townhouses in Forest Glen BS are currently selling in an average of 35 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 Forest Glen BS?+
Forest Glen BS townhouses has a sales-to-active listings ratio (SALR) of 4.2%, 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 Forest Glen BS?+
Forest Glen BS townhouses are currently in a buyer's market. The average price is $1,130,500. 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 Forest Glen BS market perform in January 2024?+
In January 2024, the Forest Glen BS real estate market (all property types) recorded 13 sales at an average price of $1,331,177, with properties averaging 18 days on market at $571,857 per square foot.
How did Forest Glen BS compare in January 2024 vs. December 2023?+
Compared to December 2023, overall Forest Glen BS sales volume was up 30% (10 vs 13 homes sold) and the average sold price was up 24% to $1,331,177.
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