Townhouses Market Report

July 2024 Parkcrest Townhouses Market

Townhouses market data for Parkcrest, Burnaby — covering sales volume, pricing, and days on market for July 2024.

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Buyer's MarketParkcrest townhouses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
6
All Types Sold
$2.23M
Avg Sold Price
38d
Avg Days on Market
$972,539
Avg $/sqft

July 2024 Parkcrest Market Snapshot

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

All Types Sold6
Avg Sold Price$2,233,133
Avg Days on Market38 days
Avg Price per ft²$972,539

Parkcrest Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20264$1,822,5007d$968,542—
August 20263$2,722,933122d$753,587Seller's
July 20262$2,012,50046d$827,083Seller's
June 20265$1,933,50027d$829,250Seller's
May 20261$2,140,00016d$713,333Balanced
April 20269$2,163,94436d$926,565Seller's

Frequently Asked Questions — Parkcrest Townhouses

How did the Parkcrest townhouses market perform in July 2024?+
July 2024 townhouses data for Parkcrest is being compiled. Check back soon or view the full Parkcrest market report.
What is the absorption rate for townhouses in Parkcrest?+
Parkcrest 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 Parkcrest?+
Parkcrest 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 Parkcrest market perform in July 2024?+
In July 2024, the Parkcrest real estate market (all property types) recorded 6 sales at an average price of $2,233,133, with properties averaging 38 days on market at $972,539 per square foot.
How did Parkcrest compare in July 2024 vs. June 2024?+
Compared to June 2024, overall Parkcrest sales volume was unchanged (6 vs 6 homes sold) and the average sold price was up 10% to $2,233,133.
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