Condos Market Report

February 2024 Greentree Village Condos Market

Condos market data for Greentree Village, Burnaby — covering sales volume, pricing, and days on market for February 2024.

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Buyer's MarketGreentree Village condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.29M
Avg Sold Price
9d
Avg Days on Market
$1,290,000
Avg $/sqft

February 2024 Greentree Village Market Snapshot

All property types — historical MLS® data for Greentree Village in February 2024.

All Types Sold1
Avg Sold Price$1,290,000
Avg Days on Market9 days
Avg Price per ft²$1,290,000

Greentree Village Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20261$700,00014d$700,000—
August 20261$990,00074d$990,000—
July 20261$635,00021d$676Seller's
June 20263$1,080,00021d$680,000Seller's
May 20262$1,135,00021d$791,250Seller's
April 20262$1,195,00027d$1,195,000Seller's

Frequently Asked Questions — Greentree Village Condos

How did the Greentree Village condos market perform in February 2024?+
February 2024 condos data for Greentree Village is being compiled. Check back soon or view the full Greentree Village market report.
What is the absorption rate for condos in Greentree Village?+
Greentree Village condos 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 condo in Greentree Village?+
Greentree Village condos 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 Greentree Village market perform in February 2024?+
In February 2024, the Greentree Village real estate market (all property types) recorded 1 sales at an average price of $1,290,000, with properties averaging 9 days on market at $1,290,000 per square foot.
How did Greentree Village compare in February 2024 vs. January 2024?+
Compared to January 2024, overall Greentree Village sales volume was down 50% (2 vs 1 homes sold) and the average sold price was down 16% to $1,290,000.
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