Edmonds BE, Burnaby Townhouse Market Report – July 2023

In July 2023, the Edmonds BE, Burnaby townhouse real estate market is classified as a Buyer's Market with an absorption rate of 5.1%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

5 townhouse properties sold in Edmonds BE, Burnaby during July 2023 based on MLS® records. There were 98 active listings at the start of the month. A total of 8 new listings came to market during the month.

The average townhouse sold price in Edmonds BE, Burnaby in July 2023 was $916,200. Sold prices ranged from $695,000 to $1,198,000. Data is sourced from MLS® board records.

In July 2023, townhouse properties in Edmonds BE, Burnaby averaged 27 days on the market before selling. With an absorption rate of 5.1%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Edmonds BE, Burnaby in July 2023 was $916,200, up 29.7% year-over-year compared to July 2022 ($706,500). Sales volume was up 400% compared to the same month last year. Data is sourced from MLS® sold records.