Houses Market Report

April 2024 Garden Village Houses Market

Houses market data for Garden Village, Burnaby — covering sales volume, pricing, and days on market for April 2024.

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Buyer's MarketGarden Village houses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.99M
Avg Sold Price
27d
Avg Days on Market
$1,989,500
Avg $/sqft

April 2024 Garden Village Market Snapshot

All property types — historical MLS® data for Garden Village in April 2024.

All Types Sold1
Avg Sold Price$1,989,500
Avg Days on Market27 days
Avg Price per ft²$1,989,500

Garden Village Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
August 20261$1,680,00091d$1,680,000—
July 20261$1,488,00024d$1,488,000Seller's
June 20261$1,825,0004d$912,500Seller's
May 20261$1,568,00012d$784,000Seller's
February 20263$1,824,62938d$912,315—
January 20261$1,850,00012d$925,000Seller's

Frequently Asked Questions — Garden Village Houses

How did the Garden Village houses market perform in April 2024?+
April 2024 houses data for Garden Village is being compiled. Check back soon or view the full Garden Village market report.
What is the absorption rate for houses in Garden Village?+
Garden Village 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 Garden Village?+
Garden Village 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 Garden Village market perform in April 2024?+
In April 2024, the Garden Village real estate market (all property types) recorded 1 sales at an average price of $1,989,500, with properties averaging 27 days on market at $1,989,500 per square foot.
How did Garden Village compare in April 2024 vs. February 2024?+
Compared to February 2024, overall Garden Village sales volume was down 50% (2 vs 1 homes sold) and the average sold price was up 6% to $1,989,500.
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