Condos Market Report

July 2024 The Crest Condos Market

Condos market data for The Crest, Burnaby — July 2024. Average sold price $1,190,000, 2 sold in 30 days, 17 avg days on market.

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Buyer's MarketThe Crest condos is currently a buyer's market. 8.7% sales-to-active listings ratio — homes selling in an average of 17 days, at an average sold price of $1,190,000 — well-priced properties are attracting strong demand.
2
Condos Sold (30d)
$1.19M
Avg Sold Price
17d
Avg Days on Market
23
Homes For Sale

Current The Crest Condos Stats

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

Condos Sold (30d)2
Avg Sold Price$1,190,000
Homes For Sale23
Avg Days on Market17 days
Months of Supply11.5 mo

July 2024 The Crest Market Snapshot

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

All Types Sold6
Avg Sold Price$1,818,000
Avg Days on Market23 days
Avg Price per ft²$932,917

The Crest Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20262$1,190,00017d$595,000—
August 20263$1,524,33367d$616,333Seller's
July 20264$1,445,75021d$782,125Seller's
June 20261$1,100,00046d$1,100,000Seller's
May 20262$1,639,75037d$831,813Seller's
April 20263$1,515,00037d$751,250Seller's

Frequently Asked Questions — The Crest Condos

How did the The Crest condos market perform in July 2024?+
The The Crest condos market currently shows 2 units sold in the last 30 days at an average price of $1,190,000, with an average of 17 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 condo in The Crest?+
The average sold price for a condo in The Crest is currently $1,190,000, 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 condos take to sell in The Crest?+
Condos in The Crest are currently selling in an average of 17 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 condos in The Crest?+
The Crest condos has a sales-to-active listings ratio (SALR) of 8.7%, 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 condo in The Crest?+
The Crest condos are currently in a buyer's market. The average price is $1,190,000. 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 The Crest market perform in July 2024?+
In July 2024, the The Crest real estate market (all property types) recorded 6 sales at an average price of $1,818,000, with properties averaging 23 days on market at $932,917 per square foot.
How did The Crest compare in July 2024 vs. June 2024?+
Compared to June 2024, overall The Crest sales volume was up 200% (2 vs 6 homes sold) and the average sold price was up 17% to $1,818,000.
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July 2024 The Crest Condos Market Report — Burnaby | Saeed Farahani