Townhouses Market Report

March 2024 Big Bend Townhouses Market

Townhouses market data for Big Bend, Burnaby — March 2024. Average sold price $1,685,000, 1 sold in 30 days, 21 avg days on market.

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Buyer's MarketBig Bend townhouses is currently a buyer's market. 11.1% sales-to-active listings ratio — homes selling in an average of 21 days, at an average sold price of $1,685,000 — well-priced properties are attracting strong demand.
1
Townhouses Sold (30d)
$1.69M
Avg Sold Price
21d
Avg Days on Market
9
Homes For Sale

Current Big Bend Townhouses Stats

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

Townhouses Sold (30d)1
Avg Sold Price$1,685,000
Homes For Sale9
Avg Days on Market21 days
Months of Supply9.0 mo

March 2024 Big Bend Market Snapshot

All property types — historical MLS® data for Big Bend in March 2024.

All Types Sold3
Avg Sold Price$2,271,000
Avg Days on Market80 days
Avg Price per ft²$799,000

Big Bend Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
October 20261$1,685,00021d$561,667—
August 20261$1,085,00037d$1,085,000—
May 20261$1,172,800231d$1,172,800—
March 20262$1,262,50024d$875,000Seller's
January 20261$1,285,00022d$642,500Seller's
November 20251$2,975,00032d$743,750Seller's

Frequently Asked Questions — Big Bend Townhouses

How did the Big Bend townhouses market perform in March 2024?+
The Big Bend townhouses market currently shows 1 units sold in the last 30 days at an average price of $1,685,000, with an average of 21 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 Big Bend?+
The average sold price for a townhouse in Big Bend is currently $1,685,000, 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.
How long do townhouses take to sell in Big Bend?+
Townhouses in Big Bend are currently selling in an average of 21 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 Big Bend?+
Big Bend townhouses has a sales-to-active listings ratio (SALR) of 11.1%, 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 Big Bend?+
Big Bend townhouses are currently in a buyer's market. The average price is $1,685,000. Whether now is the right time depends on your personal timeline, budget, and goals. A knowledgeable local agent can help you assess current opportunities.
How did the overall Big Bend market perform in March 2024?+
In March 2024, the Big Bend real estate market (all property types) recorded 3 sales at an average price of $2,271,000, with properties averaging 80 days on market at $799,000 per square foot.
How did Big Bend compare in March 2024 vs. December 2023?+
Compared to December 2023, overall Big Bend sales volume was up 50% (2 vs 3 homes sold) and the average sold price was up 127% to $2,271,000.
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