Houses Market Report

August 2024 Westridge BN Houses Market

Houses market data for Westridge BN, Burnaby — covering sales volume, pricing, and days on market for August 2024.

Buyer's MarketWestridge BN houses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$2.38M
Avg Sold Price
38d
Avg Days on Market
$595,000
Avg $/sqft

August 2024 Westridge BN Market Snapshot

All property types — historical MLS® data for Westridge BN in August 2024.

All Types Sold1
Avg Sold Price$2,380,000
Avg Days on Market38 days
Avg Price per ft²$595,000

Westridge BN Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20261$1,650,00072d$825,000—
July 20261$1,249,0002d$1,405Seller's
June 20262$879,00027d$879,000Seller's
April 20263$1,899,66753d$740,778—
December 20252$1,835,00046d$381,564—
November 20252$2,739,00044d$684,750Seller's

Frequently Asked Questions — Westridge BN Houses

How did the Westridge BN houses market perform in August 2024?+
August 2024 houses data for Westridge BN is being compiled. Check back soon or view the full Westridge BN market report.
What is the absorption rate for houses in Westridge BN?+
Westridge BN houses 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 house in Westridge BN?+
Westridge BN houses 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 Westridge BN market perform in August 2024?+
In August 2024, the Westridge BN real estate market (all property types) recorded 1 sales at an average price of $2,380,000, with properties averaging 38 days on market at $595,000 per square foot.
How did Westridge BN compare in August 2024 vs. July 2024?+
Compared to July 2024, overall Westridge BN sales volume was unchanged (1 vs 1 homes sold) and the average sold price was up 197% to $2,380,000.
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What does the Westridge BN houses market mean for you?

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