Townhouses Market Report

March 2024 South Slope Townhouses Market

Townhouses market data for South Slope, Burnaby — March 2024. Average sold price $986,214, 7 sold in 30 days, 22 avg days on market.

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Buyer's MarketSouth Slope townhouses is currently a buyer's market. 8.3% sales-to-active listings ratio — homes selling in an average of 22 days, at an average sold price of $986,214 — well-priced properties are attracting strong demand.
7
Townhouses Sold (30d)
$986K
Avg Sold Price
22d
Avg Days on Market
84
Homes For Sale

Current South Slope Townhouses Stats

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

Townhouses Sold (30d)7
Avg Sold Price$986,214
Homes For Sale84
Avg Days on Market22 days
Months of Supply12.0 mo

March 2024 South Slope Market Snapshot

All property types — historical MLS® data for South Slope in March 2024.

All Types Sold14
Avg Sold Price$1,380,500
Avg Days on Market16 days
Avg Price per ft²$640,975

South Slope Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
October 20265$990,70012d$748,231—
September 202611$980,63637d$389,513Seller's
August 202615$1,321,50033d$561,196Seller's
July 20268$1,116,55048d$549,332Seller's
June 202611$1,077,50039d$342,548Seller's
May 20267$1,721,617102d$528,266Seller's

Frequently Asked Questions — South Slope Townhouses

How did the South Slope townhouses market perform in March 2024?+
The South Slope townhouses market currently shows 7 units sold in the last 30 days at an average price of $986,214, with an average of 22 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 South Slope?+
The average sold price for a townhouse in South Slope is currently $986,214, 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 South Slope?+
Townhouses in South Slope are currently selling in an average of 22 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 South Slope?+
South Slope 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.
Is it a good time to buy a townhouse in South Slope?+
South Slope townhouses are currently in a buyer's market. The average price is $986,214. 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 South Slope market perform in March 2024?+
In March 2024, the South Slope real estate market (all property types) recorded 14 sales at an average price of $1,380,500, with properties averaging 16 days on market at $640,975 per square foot.
How did South Slope compare in March 2024 vs. February 2024?+
Compared to February 2024, overall South Slope sales volume was up 8% (13 vs 14 homes sold) and the average sold price was up 25% to $1,380,500.
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