Forest Glen BS, Burnaby Townhouse Market Report – March 2022

Q: How many homes sold in Forest Glen BS, Burnaby in March 2022?

4 townhouse properties sold in Forest Glen BS, Burnaby during March 2022 based on MLS® records. There were 16 active listings at the start of the month. A total of 6 new listings came to market during the month.

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

The average townhouse sold price in Forest Glen BS, Burnaby in March 2022 was $1,233,972. Sold prices ranged from $720,888 to $1,505,000. Data is sourced from MLS® board records.

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

In March 2022, townhouse properties in Forest Glen BS, Burnaby averaged 11 days on the market before selling. With an absorption rate of 25%, the market is currently a Seller'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 townhouse sold price in Forest Glen BS, Burnaby in March 2022 was $1,233,972, up 102.2% year-over-year compared to March 2021 ($610,400). Sales volume was up 100% compared to the same month last year. Data is sourced from MLS® sold records.

Forest Glen BS is an active townhouse 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.

← February 2022

Units Sold

$1,233,972

Avg Sold Price

11d

Avg Days on Market

Seller's Market

Market Condition

16 active at start of month 6 new listings Absorption rate: 25% Highest sold: $1,505,000 Lowest sold: $720,888

How Does March 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
March 2022 (this report)	4	$1,233,972	11d
February 2022 month prior	2 +100%	$1,440,000 -14.3%	7d +57.1%
March 2021 year ago	2 +100%	$610,400 +102.2%	—

3-Year Price Trend — Forest Glen BS, Burnaby Townhouse

The Forest Glen BS, Burnaby townhouse real estate market was a Seller's Market in March 2022, with 16 active listings at the start of the month, 4 properties sold, an average sold price of $1,233,972, properties averaging 11 days on market, an absorption rate of 25%. All data is sourced from MLS® sold records.

Recently Sold in Forest Glen BS, Burnaby

6538 Elgin Avenue

Sold $666,000

2 bd • 2 ba • Townhouse

6498 Elgin Avenue

Sold $1,035,000

3 bd • 3 ba • Townhouse

6538 Elgin Avenue

Sold $880,000

3 bd • 3 ba • Townhouse

4848 Hazel Street

Sold $813,000

2 bd • 2 ba • Townhouse

6528 Denbigh Avenue

Sold $829,000

2 bd • 2 ba • Townhouse

6518 Selma Avenue

Sold $1,260,000

3 bd • 4 ba • Townhouse

Active Listings in Forest Glen BS, Burnaby

4818 Hazel Street

$958,000

2 bd • 2 ba • Townhouse

6498 Elgin Avenue

$1,099,000

3 bd • 2 ba • Townhouse

6481 Elgin Avenue

$699,000

2 bd • 2 ba • Townhouse

6528 Denbigh Avenue

$750,000

2 bd • 2 ba • Townhouse

6528 Denbigh Avenue

$628,000

2 bd • 1 ba • Townhouse

Prepared by

Hani Faraj

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

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

Frequently Asked Questions — Forest Glen BS, Burnaby March 2022

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

In March 2022, the Forest Glen BS, Burnaby townhouse real estate market is classified as a Seller's Market with an absorption rate of 25%. It is currently a seller's market in Forest Glen BS, Burnaby. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Forest Glen BS, Burnaby in March 2022? +

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: 06/05/2026 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.