Condos Market Report

September 2024 Parkcrest Condos Market

Condos market data for Parkcrest, Burnaby — September 2024. Average sold price $1,657,500, 2 sold in 30 days, 6 avg days on market.

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Buyer's MarketParkcrest condos is currently a buyer's market. 7.7% sales-to-active listings ratio — homes selling in an average of 6 days, at an average sold price of $1,657,500 — well-priced properties are attracting strong demand.
2
Condos Sold (30d)
$1.66M
Avg Sold Price
6d
Avg Days on Market
26
Homes For Sale

Current Parkcrest Condos Stats

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

Condos Sold (30d)2
Avg Sold Price$1,657,500
Homes For Sale26
Avg Days on Market6 days
Months of Supply13.0 mo

September 2024 Parkcrest Market Snapshot

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

All Types Sold3
Avg Sold Price$2,886,667
Avg Days on Market40 days
Avg Price per ft²$911,667

Parkcrest Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20263$1,696,6674d$1,046,944—
August 20263$2,722,933122d$753,587—
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 Condos

How did the Parkcrest condos market perform in September 2024?+
The Parkcrest condos market currently shows 2 units sold in the last 30 days at an average price of $1,657,500, with an average of 6 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 Parkcrest?+
The average sold price for a condo in Parkcrest is currently $1,657,500, 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 Parkcrest?+
Condos in Parkcrest are currently selling in an average of 6 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 Parkcrest?+
Parkcrest condos has a sales-to-active listings ratio (SALR) of 7.7%, 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 Parkcrest?+
Parkcrest condos are currently in a buyer's market. The average price is $1,657,500. 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 September 2024?+
In September 2024, the Parkcrest real estate market (all property types) recorded 3 sales at an average price of $2,886,667, with properties averaging 40 days on market at $911,667 per square foot.
How did Parkcrest compare in September 2024 vs. August 2024?+
Compared to August 2024, overall Parkcrest sales volume was up 50% (2 vs 3 homes sold) and the average sold price was up 35% to $2,886,667.
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