Townhouses Market Report

March 2024 Suncrest Townhouses Market

Townhouses market data for Suncrest, Burnaby — covering sales volume, pricing, and days on market for March 2024.

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Buyer's MarketSuncrest townhouses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.91M
Avg Sold Price
109d
Avg Days on Market
$1,910,000
Avg $/sqft

March 2024 Suncrest Market Snapshot

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

All Types Sold1
Avg Sold Price$1,910,000
Avg Days on Market109 days
Avg Price per ft²$1,910,000

Suncrest Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20263$1,967,00057d$587,111—
August 20263$1,265,00060d$909,444Seller's
July 20262$1,455,00038d$727,500Seller's
June 20261$1,280,00048d$640,000Balanced
May 20261$3,010,0009d$602,000Seller's
April 20263$1,461,66736d$989,167Seller's

Frequently Asked Questions — Suncrest Townhouses

How did the Suncrest townhouses market perform in March 2024?+
March 2024 townhouses data for Suncrest is being compiled. Check back soon or view the full Suncrest market report.
What is the absorption rate for townhouses in Suncrest?+
Suncrest townhouses 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 townhouse in Suncrest?+
Suncrest townhouses 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 Suncrest market perform in March 2024?+
In March 2024, the Suncrest real estate market (all property types) recorded 1 sales at an average price of $1,910,000, with properties averaging 109 days on market at $1,910,000 per square foot.
How did Suncrest compare in March 2024 vs. January 2024?+
Compared to January 2024, overall Suncrest sales volume was unchanged (1 vs 1 homes sold) and the average sold price was down 1% to $1,910,000.
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What does the Suncrest townhouses market mean for you?

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