Townhouses Market Report

June 2024 Garden Village Townhouses Market

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

Buyer's MarketGarden Village townhouses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
2
All Types Sold
$3.17M
Avg Sold Price
30d
Avg Days on Market
$1,057,333
Avg $/sqft

June 2024 Garden Village Market Snapshot

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

All Types Sold2
Avg Sold Price$3,172,000
Avg Days on Market30 days
Avg Price per ft²$1,057,333

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 Townhouses

How did the Garden Village townhouses market perform in June 2024?+
June 2024 townhouses data for Garden Village is being compiled. Check back soon or view the full Garden Village market report.
What is the absorption rate for townhouses in Garden Village?+
Garden Village townhouses 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 townhouse in Garden Village?+
Garden Village townhouses 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 June 2024?+
In June 2024, the Garden Village real estate market (all property types) recorded 2 sales at an average price of $3,172,000, with properties averaging 30 days on market at $1,057,333 per square foot.
How did Garden Village compare in June 2024 vs. May 2024?+
Compared to May 2024, overall Garden Village sales volume was up 100% (1 vs 2 homes sold) and the average sold price was up 63% to $3,172,000.
Explore More

What does the Garden Village townhouses market mean for you?

Saeed specialises in Garden Village real estate and can give you a personalised view of the townhouses 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