Buyer's Market · avg house price $1,430,000 · 1 houses sold (30d) · 71 days on market
Buyers currently have more choice in Forest Glen, Burnaby's detached home market, with homes taking longer to sell. In the past 30 days, 1 houses and detached homes sold across Forest Glen, Burnaby at an average sold price of $1,430,000. Properties are selling in an average of 71 days on the market. The absorption rate is 4.9% — meaning 4.9% of the active house inventory sells each month. Average house prices in Forest Glen, Burnaby are down 29.6% compared to the 90-day average of $2,031,000. If you're considering buying a house in Forest Glen, Burnaby, you have more time to negotiate — though well-priced single-family homes still attract attention.
12-month average house sold price
Forest Glen is a Buyer's Market for detached homes and houses (absorption rate: 4.9%, 1 sold vs 34 active listings in the last 30 days).