Townhouses Market Report

February 2025 Simon Fraser Hills Townhouses Market

Townhouses market data for Simon Fraser Hills, Burnaby — covering sales volume, pricing, and days on market for February 2025.

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Buyer's MarketSimon Fraser Hills townhouses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
3
All Types Sold
$770K
Avg Sold Price
12d
Avg Days on Market
$603,534
Avg $/sqft

February 2025 Simon Fraser Hills Market Snapshot

All property types — historical MLS® data for Simon Fraser Hills in February 2025.

All Types Sold3
Avg Sold Price$769,967
Avg Days on Market12 days
Avg Price per ft²$603,534

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 February 2025?+
February 2025 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 February 2025?+
In February 2025, the Simon Fraser Hills real estate market (all property types) recorded 3 sales at an average price of $769,967, with properties averaging 12 days on market at $603,534 per square foot.
How did Simon Fraser Hills compare in February 2025 vs. January 2025?+
Compared to January 2025, overall Simon Fraser Hills sales volume was up 50% (2 vs 3 homes sold) and the average sold price was up 1% to $769,967.
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