Townhouses Market Report

June 2024 Forest Glen BS Townhouses Market

Townhouses market data for Forest Glen BS, Burnaby — June 2024. Average sold price $1,046,600, 5 sold in 30 days, 19 avg days on market.

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Buyer's MarketForest Glen BS townhouses is currently a buyer's market. 5.0% sales-to-active listings ratio — homes selling in an average of 19 days, at an average sold price of $1,046,600 — well-priced properties are attracting strong demand.
5
Townhouses Sold (30d)
$1.05M
Avg Sold Price
19d
Avg Days on Market
100
Homes For Sale

Current Forest Glen BS Townhouses Stats

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

Townhouses Sold (30d)5
Avg Sold Price$1,046,600
Homes For Sale100
Avg Days on Market19 days
Months of Supply20.0 mo

June 2024 Forest Glen BS Market Snapshot

All property types — historical MLS® data for Forest Glen BS in June 2024.

All Types Sold7
Avg Sold Price$1,706,857
Avg Days on Market25 days
Avg Price per ft²$672,395

Forest Glen BS Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
October 20264$870,75023d$508,442—
September 20269$1,353,88945d$811,356Seller's
August 202610$1,087,350132d$473,846Seller's
July 20269$926,22238d$417,785Seller's
June 202617$992,20660d$497,506Seller's
May 202615$1,265,95326d$517,874Seller's

Frequently Asked Questions — Forest Glen BS Townhouses

How did the Forest Glen BS townhouses market perform in June 2024?+
The Forest Glen BS townhouses market currently shows 5 units sold in the last 30 days at an average price of $1,046,600, with an average of 19 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 Forest Glen BS?+
The average sold price for a townhouse in Forest Glen BS is currently $1,046,600, 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 Forest Glen BS?+
Townhouses in Forest Glen BS are currently selling in an average of 19 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 Forest Glen BS?+
Forest Glen BS townhouses has a sales-to-active listings ratio (SALR) of 5.0%, 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 Forest Glen BS?+
Forest Glen BS townhouses are currently in a buyer's market. The average price is $1,046,600. 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 Forest Glen BS market perform in June 2024?+
In June 2024, the Forest Glen BS real estate market (all property types) recorded 7 sales at an average price of $1,706,857, with properties averaging 25 days on market at $672,395 per square foot.
How did Forest Glen BS compare in June 2024 vs. May 2024?+
Compared to May 2024, overall Forest Glen BS sales volume was down 46% (13 vs 7 homes sold) and the average sold price was up 30% to $1,706,857.
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