Houses Market Report

March 2024 Simon Fraser Hills Houses Market

Houses market data for Simon Fraser Hills, Burnaby — covering sales volume, pricing, and days on market for March 2024.

← FebMarMay →All Reports →
Buyer's MarketSimon Fraser Hills houses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
5
All Types Sold
$783K
Avg Sold Price
19d
Avg Days on Market
$687,800
Avg $/sqft

March 2024 Simon Fraser Hills Market Snapshot

All property types — historical MLS® data for Simon Fraser Hills in March 2024.

All Types Sold5
Avg Sold Price$782,800
Avg Days on Market19 days
Avg Price per ft²$687,800

Simon Fraser Hills Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20261$1,053,00045d$526,500—
August 20263$581,00045d$306,969Seller's
July 20261$515,00020d$522Seller's
June 20261$830,00018d$830,000Seller's
May 20264$738,00051d$663,102Seller's
April 20262$627,50022d$627,500Seller's

Frequently Asked Questions — Simon Fraser Hills Houses

How did the Simon Fraser Hills houses market perform in March 2024?+
March 2024 houses data for Simon Fraser Hills is being compiled. Check back soon or view the full Simon Fraser Hills market report.
What is the absorption rate for houses in Simon Fraser Hills?+
Simon Fraser Hills houses 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 house in Simon Fraser Hills?+
Simon Fraser Hills houses 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 Simon Fraser Hills market perform in March 2024?+
In March 2024, the Simon Fraser Hills real estate market (all property types) recorded 5 sales at an average price of $782,800, with properties averaging 19 days on market at $687,800 per square foot.
How did Simon Fraser Hills compare in March 2024 vs. February 2024?+
Compared to February 2024, overall Simon Fraser Hills sales volume was up 25% (4 vs 5 homes sold) and the average sold price was up 9% to $782,800.
Explore More

What does the Simon Fraser Hills houses market mean for you?

Saeed specialises in Simon Fraser Hills real estate and can give you a personalised view of the houses market.

Get a Market Briefing

Why work with Saeed

Real estate expertise you can count on — reach out any time.

Call 778-883-3264or send a message