Townhouses Market Report

November 2024 Simon Fraser Hills Townhouses Market

Townhouses market data for Simon Fraser Hills, Burnaby — covering sales volume, pricing, and days on market for November 2024.

Buyer's MarketSimon Fraser Hills townhouses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.21M
Avg Sold Price
3d
Avg Days on Market
$605,000
Avg $/sqft

November 2024 Simon Fraser Hills Market Snapshot

All property types — historical MLS® data for Simon Fraser Hills in November 2024.

All Types Sold1
Avg Sold Price$1,210,000
Avg Days on Market3 days
Avg Price per ft²$605,000

Simon Fraser Hills Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20261$1,053,00045d$526,500—
August 20263$581,00045d$306,969Seller's
July 20261$515,00020d$522Seller's
June 20261$830,00018d$830,000Seller's
May 20264$738,00051d$663,102Seller's
April 20262$627,50022d$627,500Seller's

Frequently Asked Questions — Simon Fraser Hills Townhouses

How did the Simon Fraser Hills townhouses market perform in November 2024?+
November 2024 townhouses data for Simon Fraser Hills is being compiled. Check back soon or view the full Simon Fraser Hills market report.
What is the absorption rate for townhouses in Simon Fraser Hills?+
Simon Fraser Hills townhouses 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 townhouse in Simon Fraser Hills?+
Simon Fraser Hills townhouses 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 Simon Fraser Hills market perform in November 2024?+
In November 2024, the Simon Fraser Hills real estate market (all property types) recorded 1 sales at an average price of $1,210,000, with properties averaging 3 days on market at $605,000 per square foot.
How did Simon Fraser Hills compare in November 2024 vs. October 2024?+
Compared to October 2024, overall Simon Fraser Hills sales volume was down 86% (7 vs 1 homes sold) and the average sold price was up 102% to $1,210,000.
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