Houses Market Report

August 2024 Big Bend Houses Market

Houses market data for Big Bend, Burnaby — August 2024. Average sold price $1,685,000, 1 sold in 30 days, 21 avg days on market.

← JunAugOct →All Reports →
Buyer's MarketBig Bend houses is currently a buyer's market. 11.1% sales-to-active listings ratio — homes selling in an average of 21 days, at an average sold price of $1,685,000 — well-priced properties are attracting strong demand.
1
Houses Sold (30d)
$1.69M
Avg Sold Price
21d
Avg Days on Market
9
Homes For Sale

Current Big Bend Houses Stats

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

Houses Sold (30d)1
Avg Sold Price$1,685,000
Homes For Sale9
Avg Days on Market21 days
Months of Supply9.0 mo

August 2024 Big Bend Market Snapshot

All property types — historical MLS® data for Big Bend in August 2024.

All Types Sold2
Avg Sold Price$1,050,000
Avg Days on Market18 days
Avg Price per ft²$1,050,000

Big Bend Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
October 20261$1,685,00021d$561,667—
August 20261$1,085,00037d$1,085,000—
May 20261$1,172,800231d$1,172,800—
March 20262$1,262,50024d$875,000Seller's
January 20261$1,285,00022d$642,500Seller's
November 20251$2,975,00032d$743,750Seller's

Frequently Asked Questions — Big Bend Houses

How did the Big Bend houses market perform in August 2024?+
The Big Bend houses market currently shows 1 units sold in the last 30 days at an average price of $1,685,000, with an average of 21 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 house in Big Bend?+
The average sold price for a house in Big Bend is currently $1,685,000, 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 houses take to sell in Big Bend?+
Houses in Big Bend are currently selling in an average of 21 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 houses in Big Bend?+
Big Bend houses has a sales-to-active listings ratio (SALR) of 11.1%, 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 house in Big Bend?+
Big Bend houses are currently in a buyer's market. The average price is $1,685,000. 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 Big Bend market perform in August 2024?+
In August 2024, the Big Bend real estate market (all property types) recorded 2 sales at an average price of $1,050,000, with properties averaging 18 days on market at $1,050,000 per square foot.
How did Big Bend compare in August 2024 vs. June 2024?+
Compared to June 2024, overall Big Bend sales volume was up 100% (1 vs 2 homes sold) and the average sold price was up 27% to $1,050,000.
Explore More

What does the Big Bend houses market mean for you?

Saeed specialises in Big Bend real estate and can give you a personalised view of the houses 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