Condos Market Report

April 2024 Suncrest Condos Market

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

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Buyer's MarketSuncrest condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$2.1M
Avg Sold Price
6d
Avg Days on Market
$1,050,000
Avg $/sqft

April 2024 Suncrest Market Snapshot

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

All Types Sold1
Avg Sold Price$2,100,000
Avg Days on Market6 days
Avg Price per ft²$1,050,000

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 Condos

How did the Suncrest condos market perform in April 2024?+
April 2024 condos data for Suncrest is being compiled. Check back soon or view the full Suncrest market report.
What is the absorption rate for condos in Suncrest?+
Suncrest condos 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 condo in Suncrest?+
Suncrest condos 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 April 2024?+
In April 2024, the Suncrest real estate market (all property types) recorded 1 sales at an average price of $2,100,000, with properties averaging 6 days on market at $1,050,000 per square foot.
How did Suncrest compare in April 2024 vs. March 2024?+
Compared to March 2024, overall Suncrest sales volume was unchanged (1 vs 1 homes sold) and the average sold price was up 10% to $2,100,000.
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