Edmonds BE, Burnaby Condo Market Report – March 2022

In March 2022, the Edmonds BE, Burnaby condo real estate market is classified as a Balanced Market with an absorption rate of 19.7%. The market in Edmonds BE, Burnaby is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

23 condo properties sold in Edmonds BE, Burnaby during March 2022 based on MLS® records. There were 117 active listings at the start of the month. A total of 21 new listings came to market during the month.

The average condo sold price in Edmonds BE, Burnaby in March 2022 was $830,461. Sold prices ranged from $522,000 to $1,300,000. Data is sourced from MLS® board records.

In March 2022, condo properties in Edmonds BE, Burnaby averaged 17 days on the market before selling. With an absorption rate of 19.7%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average condo sold price in Edmonds BE, Burnaby in March 2022 was $830,461, up 32.3% year-over-year compared to March 2021 ($627,707). Sales volume was down 17.9% compared to the same month last year. Data is sourced from MLS® sold records.