Townhouses Market Report

September 2024 Garden Village Townhouses Market

Townhouses market data for Garden Village, Burnaby — September 2024. Average sold price $1,590,000, 1 sold in 30 days, 27 avg days on market.

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Buyer's MarketGarden Village townhouses is currently a buyer's market. 9.1% sales-to-active listings ratio — homes selling in an average of 27 days, at an average sold price of $1,590,000 — well-priced properties are attracting strong demand.
1
Townhouses Sold (30d)
$1.59M
Avg Sold Price
27d
Avg Days on Market
11
Homes For Sale

Current Garden Village Townhouses Stats

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

Townhouses Sold (30d)1
Avg Sold Price$1,590,000
Homes For Sale11
Avg Days on Market27 days
Months of Supply11.0 mo

September 2024 Garden Village Market Snapshot

All property types — historical MLS® data for Garden Village in September 2024.

All Types Sold4
Avg Sold Price$2,225,250
Avg Days on Market33 days
Avg Price per ft²$1,543,583

Garden Village Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
October 20261$1,590,00027d$795,000—
August 20261$1,680,00091d$1,680,000—
July 20261$1,488,00024d$1,488,000Seller's
June 20261$1,825,0004d$912,500Seller's
May 20261$1,568,00012d$784,000Seller's
February 20263$1,824,62938d$912,315—

Frequently Asked Questions — Garden Village Townhouses

How did the Garden Village townhouses market perform in September 2024?+
The Garden Village townhouses market currently shows 1 units sold in the last 30 days at an average price of $1,590,000, with an average of 27 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 Garden Village?+
The average sold price for a townhouse in Garden Village is currently $1,590,000, 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 Garden Village?+
Townhouses in Garden Village are currently selling in an average of 27 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 Garden Village?+
Garden Village townhouses has a sales-to-active listings ratio (SALR) of 9.1%, 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 Garden Village?+
Garden Village townhouses are currently in a buyer's market. The average price is $1,590,000. 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 Garden Village market perform in September 2024?+
In September 2024, the Garden Village real estate market (all property types) recorded 4 sales at an average price of $2,225,250, with properties averaging 33 days on market at $1,543,583 per square foot.
How did Garden Village compare in September 2024 vs. August 2024?+
Compared to August 2024, overall Garden Village sales volume was up 300% (1 vs 4 homes sold) and the average sold price was up 14% to $2,225,250.
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