Houses Market Report

May 2024 Westridge BN Houses Market

Houses market data for Westridge BN, Burnaby — covering sales volume, pricing, and days on market for May 2024.

← AprMayJun →All Reports →
Buyer's MarketWestridge BN houses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
4
All Types Sold
$1.95M
Avg Sold Price
25d
Avg Days on Market
$956,409
Avg $/sqft

May 2024 Westridge BN Market Snapshot

All property types — historical MLS® data for Westridge BN in May 2024.

All Types Sold4
Avg Sold Price$1,946,726
Avg Days on Market25 days
Avg Price per ft²$956,409

Westridge BN Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20261$1,650,00072d$825,000—
July 20261$1,249,0002d$1,405Seller's
June 20262$879,00027d$879,000Seller's
April 20263$1,899,66753d$740,778—
December 20252$1,835,00046d$381,564—
November 20252$2,739,00044d$684,750Seller's

Frequently Asked Questions — Westridge BN Houses

How did the Westridge BN houses market perform in May 2024?+
May 2024 houses data for Westridge BN is being compiled. Check back soon or view the full Westridge BN market report.
What is the absorption rate for houses in Westridge BN?+
Westridge BN 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 Westridge BN?+
Westridge BN 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 Westridge BN market perform in May 2024?+
In May 2024, the Westridge BN real estate market (all property types) recorded 4 sales at an average price of $1,946,726, with properties averaging 25 days on market at $956,409 per square foot.
How did Westridge BN compare in May 2024 vs. April 2024?+
Compared to April 2024, overall Westridge BN sales volume was up 33% (3 vs 4 homes sold) and the average sold price was down 20% to $1,946,726.
Explore More

What does the Westridge BN houses market mean for you?

Saeed specialises in Westridge BN real estate and can give you a personalised view of the houses market.

Get a Market Briefing

Why work with Saeed

Real estate expertise you can count on — reach out any time.

Call 778-883-3264or send a message