Edmonds BE, Burnaby Condo Market Report – March 2021

In March 2021, the Edmonds BE, Burnaby condo real estate market is classified as a Strong Seller's Market with an absorption rate of 34.6%. It is currently a strong seller's market in Edmonds BE, Burnaby, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

28 condo properties sold in Edmonds BE, Burnaby during March 2021 based on MLS® records. There were 81 active listings at the start of the month. A total of 27 new listings came to market during the month.

The average condo sold price in Edmonds BE, Burnaby in March 2021 was $627,707. Sold prices ranged from $485,000 to $900,000. Data is sourced from MLS® board records.

In March 2021, condo properties in Edmonds BE, Burnaby averaged 22 days on the market before selling. With an absorption rate of 34.6%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

The average condo sold price in Edmonds BE, Burnaby in March 2021 was $627,707, up 24.3% year-over-year compared to March 2020 ($505,000). Sales volume was up 2700% compared to the same month last year. Data is sourced from MLS® sold records.