Townhouses Market Report

April 2024 Big Bend Townhouses Market

Townhouses market data for Big Bend, Burnaby — covering sales volume, pricing, and days on market for April 2024.

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Buyer's MarketBig Bend townhouses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.51M
Avg Sold Price
46d
Avg Days on Market
$754,000
Avg $/sqft

April 2024 Big Bend Market Snapshot

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

All Types Sold1
Avg Sold Price$1,508,000
Avg Days on Market46 days
Avg Price per ft²$754,000

Big Bend Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
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
October 20252$1,204,000104d$1,204,000Seller's

Frequently Asked Questions — Big Bend Townhouses

How did the Big Bend townhouses market perform in April 2024?+
April 2024 townhouses data for Big Bend is being compiled. Check back soon or view the full Big Bend market report.
What is the absorption rate for townhouses in Big Bend?+
Big Bend 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 Big Bend?+
Big Bend 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 Big Bend market perform in April 2024?+
In April 2024, the Big Bend real estate market (all property types) recorded 1 sales at an average price of $1,508,000, with properties averaging 46 days on market at $754,000 per square foot.
How did Big Bend compare in April 2024 vs. March 2024?+
Compared to March 2024, overall Big Bend sales volume was down 67% (3 vs 1 homes sold) and the average sold price was down 34% to $1,508,000.
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