Market›Simon Fraser Hills
Market Report

Simon Fraser Hills Real Estate Market

Live MLS® stats and 12-month trends for Simon Fraser Hills, Burnaby — updated every 5 minutes.

Buyer's Market12.0 mo supplyCondos →Townhouses →
Quick Answer
  • 1Simon Fraser Hills is currently a buyer's market.
  • 2The average sold price last month was $1,053,000.
  • 3Home prices are up 52.0% year-over-year.
Avg Sold Price
$1.05M
Homes Sold (30d)
1
Homes For Sale
12
Avg Days on Market
45d
Months of Supply
12.0 mo
Buyer's
12 homes for sale in Simon Fraser Hills
4 condos · 8 townhouses

Simon Fraser Hills is currently a buyer's market, with an average sold price of $1,053,000 across all property types over the past 30 days. At 12.0 months of supply, buyers in Simon Fraser Hills have more selection and meaningful negotiating room compared to a typical seller's market. Simon Fraser Hills offers a mix of property types including condos, townhouses — condos and townhouses are popular for lower-maintenance living, while detached homes attract families seeking more space and a private yard. Homes here are selling in an average of 45 days on market. Browse active listings in Simon Fraser Hills below, or speak with a local Burnaby agent for a personalised market assessment based on your needs.

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How Have Prices Trended in Simon Fraser Hills?

24-month trend · Updated monthly

Month-over-Month Comparison

MetricSep · Last 30 daysAugJul (LY)
Homes Sold1-66.7%33
Avg Sold Price$1.05M+81.2%$581K$693K
Avg Days on Market45d+0.0%45d5d

Last 30 Days — By Property Type

Sold properties only

Condos:Buyer's Market
Townhouses:Buyer's Market

What Does Each Home Cost?

By bedrooms & property type · Last 30 days sold

Type1 Bed2 Bed3 Bed4+ Bed
Apartment
$548K
$820/ft²
41 sold
$698K
$752/ft²
63 sold
$889K
$721/ft²
18 sold
$1.12M
$690/ft²
5 sold
Townhouse
$699K
$698/ft²
8 sold
$879K
$672/ft²
31 sold
$1.08M
$645/ft²
44 sold
$1.25M
$612/ft²
14 sold
House—
$1.19M
$580/ft²
6 sold
$1.49M
$558/ft²
22 sold
$2.25M
$498/ft²
18 sold

Studio = 0 bedrooms. 4+ Bed includes all homes with 4 or more bedrooms.

What Does Each Property Type Cost in Simon Fraser Hills?

TypeAvg Sold PriceSold (30d)ActiveAvg DOMCondition
Condos—04—Buyer's MarketView Condos →
Townhouses$1.05M1845dBalanced MarketView Townhouses →

What Did Homes Sell for in Simon Fraser Hills Recently?

View all sold →

Street addresses only. Click any address to view full details — some information requires sign-in.

Frequently Asked Questions — Simon Fraser Hills Market

Is Simon Fraser Hills a buyer's or seller's market right now?+
Simon Fraser Hills is currently a buyer's market. There are 1 home sold in the last 30 days across all property types. The current absorption rate of 12.0 months of supply favours buyers.
What is the average home price in Simon Fraser Hills?+
The average sold price across all property types in Simon Fraser Hills is currently $1,053,000, based on sales over the past 30 days. Prices vary by type — condominiums start lower, while detached homes command a premium. Contact a local Burnaby agent for a current, property-specific estimate.
Have home prices come down in Simon Fraser Hills?+
Overall home prices in Simon Fraser Hills are up 52.0% compared to the same period last year, with townhouses averaging $1,053,000. This upward trend suggests continued demand in Simon Fraser Hills — buyers who act sooner may benefit from locking in before further appreciation.
How long do homes stay on the market in Simon Fraser Hills?+
Homes in Simon Fraser Hills are currently selling in an average of 45 days on market. In a seller's market, well-priced homes can attract offers within the first week of listing. In a buyer's market, buyers typically have more time to evaluate options.
What does the absorption rate mean for Simon Fraser Hills?+
Simon Fraser Hills has a sales-to-active listings ratio (SALR) of 8.3%, 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.
What property types are available in Simon Fraser Hills?+
Simon Fraser Hills offers a mix of condos, townhouses. Each type suits different lifestyles — condos and townhouses are popular for lower-maintenance living, while detached homes are sought by families looking for more space and a yard.
How can I get a home evaluation in Simon Fraser Hills?+
You can request a free, no-obligation home evaluation through a local Burnaby real estate agent. They will research recent comparable sales in Simon Fraser Hills and provide you with an accurate market valuation — typically within 24 hours.
Explore Simon Fraser Hills

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