Townhouses Market Report

October 2024 The Crest Townhouses Market

Townhouses market data for The Crest, Burnaby — October 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 townhouses 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
Townhouses Sold (30d)
$1.19M
Avg Sold Price
17d
Avg Days on Market
23
Homes For Sale

Current The Crest Townhouses Stats

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

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

October 2024 The Crest Market Snapshot

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

All Types Sold4
Avg Sold Price$1,614,500
Avg Days on Market66 days
Avg Price per ft²$1,175,125

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 Townhouses

How did the The Crest townhouses market perform in October 2024?+
The The Crest townhouses 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 townhouse in The Crest?+
The average sold price for a townhouse 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 townhouses take to sell in The Crest?+
Townhouses 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 townhouses in The Crest?+
The Crest townhouses 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 townhouse in The Crest?+
The Crest townhouses 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 October 2024?+
In October 2024, the The Crest real estate market (all property types) recorded 4 sales at an average price of $1,614,500, with properties averaging 66 days on market at $1,175,125 per square foot.
How did The Crest compare in October 2024 vs. September 2024?+
Compared to September 2024, overall The Crest sales volume was unchanged (4 vs 4 homes sold) and the average sold price was up 7% to $1,614,500.
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What does the The Crest townhouses market mean for you?

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