Highgate, Burnaby Condo Market Report – November 2021

In November 2021, the Highgate, Burnaby condo real estate market is classified as a Buyer's Market with an absorption rate of 10.8%. 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.

20 condo properties sold in Highgate, Burnaby during November 2021 based on MLS® records. There were 185 active listings at the start of the month. A total of 25 new listings came to market during the month.

The average condo sold price in Highgate, Burnaby in November 2021 was $639,455. Sold prices ranged from $300,000 to $835,000. Data is sourced from MLS® board records.

In November 2021, condo properties in Highgate, Burnaby averaged 22 days on the market before selling. With an absorption rate of 10.8%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average condo sold price in Highgate, Burnaby in November 2021 was $639,455, up 20% year-over-year compared to November 2020 ($532,739). Sales volume was down 13% compared to the same month last year. Data is sourced from MLS® sold records.