Townhouses Market Report

May 2024 Central Park BS Townhouses Market

Townhouses market data for Central Park BS, Burnaby — May 2024. Average sold price $730,952, 3 sold in 30 days, 56 avg days on market.

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Buyer's MarketCentral Park BS townhouses is currently a buyer's market. 8.3% sales-to-active listings ratio — homes selling in an average of 56 days, at an average sold price of $730,952 — well-priced properties are attracting strong demand.
3
Townhouses Sold (30d)
$731K
Avg Sold Price
56d
Avg Days on Market
36
Homes For Sale

Current Central Park BS Townhouses Stats

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

Townhouses Sold (30d)3
Avg Sold Price$730,952
Homes For Sale36
Avg Days on Market56 days
Months of Supply12.0 mo

May 2024 Central Park BS Market Snapshot

All property types — historical MLS® data for Central Park BS in May 2024.

All Types Sold8
Avg Sold Price$809,625
Avg Days on Market14 days
Avg Price per ft²$201,210

Central Park BS Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20263$730,95256d$417,192—
August 20266$1,137,45853d$651,041Seller's
July 20263$574,1679d$289,862Seller's
June 202612$909,83329d$336,306Seller's
May 20264$875,25059d$186,855Seller's
April 20264$999,00023d$383,373Seller's

Frequently Asked Questions — Central Park BS Townhouses

How did the Central Park BS townhouses market perform in May 2024?+
The Central Park BS townhouses market currently shows 3 units sold in the last 30 days at an average price of $730,952, with an average of 56 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 Central Park BS?+
The average sold price for a townhouse in Central Park BS is currently $730,952, 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 Central Park BS?+
Townhouses in Central Park BS are currently selling in an average of 56 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 Central Park BS?+
Central Park BS 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 Central Park BS?+
Central Park BS townhouses are currently in a buyer's market. The average price is $730,952. 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 Central Park BS market perform in May 2024?+
In May 2024, the Central Park BS real estate market (all property types) recorded 8 sales at an average price of $809,625, with properties averaging 14 days on market at $201,210 per square foot.
How did Central Park BS compare in May 2024 vs. April 2024?+
Compared to April 2024, overall Central Park BS sales volume was down 27% (11 vs 8 homes sold) and the average sold price was down 24% to $809,625.
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What does the Central Park BS townhouses market mean for you?

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