Townhouses Market Report

July 2024 East Burnaby Townhouses Market

Townhouses market data for East Burnaby, Burnaby — July 2024. Average sold price $1,330,000, 1 sold in 30 days, 38 avg days on market.

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Buyer's MarketEast Burnaby townhouses is currently a buyer's market. 2.0% sales-to-active listings ratio — homes selling in an average of 38 days, at an average sold price of $1,330,000 — well-priced properties are attracting strong demand.
1
Townhouses Sold (30d)
$1.33M
Avg Sold Price
38d
Avg Days on Market
50
Homes For Sale

Current East Burnaby Townhouses Stats

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

Townhouses Sold (30d)1
Avg Sold Price$1,330,000
Homes For Sale50
Avg Days on Market38 days
Months of Supply50.0 mo

July 2024 East Burnaby Market Snapshot

All property types — historical MLS® data for East Burnaby in July 2024.

All Types Sold3
Avg Sold Price$1,909,000
Avg Days on Market67 days
Avg Price per ft²$1,259,500

East Burnaby Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20261$1,330,00038d$665,000—
August 20265$1,661,80038d$706,900Seller's
July 20265$1,897,20043d$681,100Seller's
June 20262$2,257,50048d$505,417Seller's
May 20262$1,605,00014d$802,500Seller's
April 20267$1,733,15035d$717,170Seller's

Frequently Asked Questions — East Burnaby Townhouses

How did the East Burnaby townhouses market perform in July 2024?+
The East Burnaby townhouses market currently shows 1 units sold in the last 30 days at an average price of $1,330,000, with an average of 38 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 East Burnaby?+
The average sold price for a townhouse in East Burnaby is currently $1,330,000, 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 East Burnaby?+
Townhouses in East Burnaby are currently selling in an average of 38 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 East Burnaby?+
East Burnaby townhouses has a sales-to-active listings ratio (SALR) of 2.0%, 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 East Burnaby?+
East Burnaby townhouses are currently in a buyer's market. The average price is $1,330,000. 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 East Burnaby market perform in July 2024?+
In July 2024, the East Burnaby real estate market (all property types) recorded 3 sales at an average price of $1,909,000, with properties averaging 67 days on market at $1,259,500 per square foot.
How did East Burnaby compare in July 2024 vs. June 2024?+
Compared to June 2024, overall East Burnaby sales volume was down 25% (4 vs 3 homes sold) and the average sold price was down 22% to $1,909,000.
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