Garden Village, Burnaby Market Report – August 2022

Q: How many homes sold in Garden Village, Burnaby in August 2022?

4 properties sold in Garden Village, Burnaby during August 2022 based on MLS® records. There were 30 active listings at the start of the month. A total of 3 new listings came to market during the month.

Q: What is the average home price in Garden Village, Burnaby?

The average sold price in Garden Village, Burnaby in August 2022 was $1,811,250. Sold prices ranged from $1,300,000 to $2,550,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Garden Village, Burnaby?

In August 2022, properties in Garden Village, Burnaby averaged 24 days on the market before selling. With an absorption rate of 13.3%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

Q: How has the Garden Village, Burnaby market changed compared to last year?

Year-over-year comparison data is not available for Garden Village, Burnaby in August 2022. Browse the monthly archive to track price trends over multiple years for this area. Data is sourced from MLS® sold records.

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

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Units Sold

$1,811,250

Avg Sold Price

24d

Avg Days on Market

Balanced Market

Market Condition

30 active at start of month 3 new listings Absorption rate: 13.3% Highest sold: $2,550,000 Lowest sold: $1,300,000

How Does August 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
August 2022 (this report)	4	$1,811,250	24d
July 2022 month prior	1 +300%	$1,700,000 +6.5%	11d +118.2%

3-Year Price Trend — Garden Village, Burnaby

The Garden Village, Burnaby real estate market was a Balanced Market in August 2022, with 30 active listings at the start of the month, 4 properties sold, an average sold price of $1,811,250, properties averaging 24 days on market, an absorption rate of 13.3%. All data is sourced from MLS® sold records.

Recently Sold in Garden Village, Burnaby

4370 Briarwood Crescent

4277 Castlewood Crescent

Active Listings in Garden Village, Burnaby

4156 Castlewood Crescent

4378 Briarwood Crescent

4 bd • 4 ba • Townhouse

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Garden Village, Burnaby specialist

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Related: Garden Village, Burnaby Archive → Live Market Stats → Burnaby Reports → All BC Reports →

Frequently Asked Questions — Garden Village, Burnaby August 2022

Is it a good time to buy in Garden Village, Burnaby? −

In August 2022, the Garden Village, Burnaby real estate market is classified as a Balanced Market with an absorption rate of 13.3%. The market in Garden Village, Burnaby is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Garden Village, Burnaby in August 2022? +

What is the average home price in Garden Village, Burnaby? +

How long are homes sitting on the market in Garden Village, Burnaby? +

How has the Garden Village, 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.