Parkcrest, Burnaby Market Report – May 2024

Q: How many homes sold in Parkcrest, Burnaby in May 2024?

3 properties sold in Parkcrest, Burnaby during May 2024 based on MLS® records. There were 182 active listings at the start of the month. A total of 7 new listings came to market during the month.

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

The average sold price in Parkcrest, Burnaby in May 2024 was $2,458,267. Sold prices ranged from $2,119,800 to $3,050,000. Data is sourced from MLS® board records.

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

In May 2024, properties in Parkcrest, Burnaby averaged 7 days on the market before selling. With an absorption rate of 1.6%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

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

The average sold price in Parkcrest, Burnaby in May 2024 was $2,458,267, up 30.3% year-over-year compared to May 2023 ($1,886,380). Sales volume was down 40% compared to the same month last year. Data is sourced from MLS® sold records.

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

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Units Sold

$2,458,267

Avg Sold Price

Avg Days on Market

Buyer's Market

Market Condition

182 active at start of month 7 new listings Absorption rate: 1.6% Highest sold: $3,050,000 Lowest sold: $2,119,800

How Does May 2024 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2024 (this report)	3	$2,458,267	7d
April 2024 month prior	4 -25%	$2,580,017 -4.7%	18d -61.1%
May 2023 year ago	5 -40%	$1,886,380 +30.3%	—

3-Year Price Trend — Parkcrest, Burnaby

The Parkcrest, Burnaby real estate market was a Buyer's Market in May 2024, with 182 active listings at the start of the month, 3 properties sold, an average sold price of $2,458,267, properties averaging 7 days on market, an absorption rate of 1.6%. All data is sourced from MLS® sold records.

Recently Sold in Parkcrest, Burnaby

6252 Kitchener Street

Sold $2,100,000

6 bd • 7 ba • Townhouse

4 bd • 4 ba • Townhouse

Active Listings in Parkcrest, Burnaby

5307 Springdale Court

4 bd • 4 ba • Townhouse

Prepared by

Hani Faraj

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

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

Frequently Asked Questions — Parkcrest, Burnaby May 2024

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

In May 2024, the Parkcrest, Burnaby real estate market is classified as a Buyer's Market with an absorption rate of 1.6%. 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 Parkcrest, Burnaby in May 2024? +

What is the average home price in Parkcrest, Burnaby? +

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

How has the Parkcrest, 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.