Forest Glen BS, Burnaby Market Report – August 2021

Q: How many homes sold in Forest Glen BS, Burnaby in August 2021?

17 properties sold in Forest Glen BS, Burnaby during August 2021 based on MLS® records. There were 220 active listings at the start of the month. A total of 22 new listings came to market during the month.

Q: What is the average home price in Forest Glen BS, Burnaby?

The average sold price in Forest Glen BS, Burnaby in August 2021 was $1,123,212. Sold prices ranged from $441,100 to $3,100,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Forest Glen BS, Burnaby?

In August 2021, properties in Forest Glen BS, Burnaby averaged 32 days on the market before selling. With an absorption rate of 7.7%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Forest Glen BS, Burnaby market changed compared to last year?

The average sold price in Forest Glen BS, Burnaby in August 2021 was $1,123,212, up 26.5% year-over-year compared to August 2020 ($888,113). Sales volume was up 6.3% compared to the same month last year. Data is sourced from MLS® sold records.

Forest Glen BS is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Forest Glen BS based on MLS® data.

← July 2021 Next month →

Units Sold

$1,123,212

Avg Sold Price

32d

Avg Days on Market

Buyer's Market

Market Condition

220 active at start of month 22 new listings Absorption rate: 7.7% Highest sold: $3,100,000 Lowest sold: $441,100

How Does August 2021 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
August 2021 (this report)	17	$1,123,212	32d
July 2021 month prior	13 +30.8%	$892,923 +25.8%	28d +14.3%
August 2020 year ago	16 +6.3%	$888,113 +26.5%	—

3-Year Price Trend — Forest Glen BS, Burnaby

The Forest Glen BS, Burnaby real estate market was a Buyer's Market in August 2021, with 220 active listings at the start of the month, 17 properties sold, an average sold price of $1,123,212, properties averaging 32 days on market, an absorption rate of 7.7%. All data is sourced from MLS® sold records.

Recently Sold in Forest Glen BS, Burnaby

4808 Hazel Street

Sold $999,900

3 bd • 2 ba • Apartment

4657 Grassmere Street

1 bd • 1 ba • Apartment

3 bd • 2 ba • Apartment

Active Listings in Forest Glen BS, Burnaby

4657 Hazel Street

$749,999

2 bd • 2 ba • Apartment

4567 Hazel Street

$939,000

3 bd • 2 ba • Apartment

2 bd • 2 ba • Apartment

4567 Hazel Street

$708,000

2 bd • 2 ba • Apartment

5127 Irving Street

$359,000

2 bd • 1 ba • Apartment

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Forest Glen BS, Burnaby specialist

Get your home value ›

All Types Condos Houses Townhouses

Related: Forest Glen BS, Burnaby Archive → Live Market Stats → Burnaby Reports → All BC Reports →

Frequently Asked Questions — Forest Glen BS, Burnaby August 2021

Is it a good time to buy in Forest Glen BS, Burnaby? −

In August 2021, the Forest Glen BS, Burnaby real estate market is classified as a Buyer's Market with an absorption rate of 7.7%. 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.

How many homes sold in Forest Glen BS, Burnaby in August 2021? +

What is the average home price in Forest Glen BS, Burnaby? +

How long are homes sitting on the market in Forest Glen BS, Burnaby? +

How has the Forest Glen BS, Burnaby market changed compared to last year? +

Last Update: 06/04/2026 Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.