Highgate, Burnaby Townhouse Market Report – July 2021

In July 2021, the Highgate, Burnaby townhouse real estate market is classified as a Buyer's Market with an absorption rate of 8.5%. 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.

4 townhouse properties sold in Highgate, Burnaby during July 2021 based on MLS® records. There were 47 active listings at the start of the month. A total of 4 new listings came to market during the month.

The average townhouse sold price in Highgate, Burnaby in July 2021 was $636,950. Sold prices ranged from $445,000 to $836,000. Data is sourced from MLS® board records.

In July 2021, townhouse properties in Highgate, Burnaby averaged 12 days on the market before selling. With an absorption rate of 8.5%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Highgate, Burnaby in July 2021 was $636,950, down 4.7% year-over-year compared to July 2020 ($668,400). Sales volume was up 100% compared to the same month last year. Data is sourced from MLS® sold records.