Simon Fraser Hills, Burnaby Market Report – August 2022

Q: How many homes sold in Simon Fraser Hills, Burnaby in August 2022?

3 properties sold in Simon Fraser Hills, Burnaby during August 2022 based on MLS® records. There were 31 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 Simon Fraser Hills, Burnaby?

The average sold price in Simon Fraser Hills, Burnaby in August 2022 was $707,333. Sold prices ranged from $510,000 to $877,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Simon Fraser Hills, Burnaby?

In August 2022, properties in Simon Fraser Hills, Burnaby averaged 47 days on the market before selling. With an absorption rate of 9.7%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Simon Fraser Hills, Burnaby market changed compared to last year?

The average sold price in Simon Fraser Hills, Burnaby in August 2022 was $707,333, down 9.8% year-over-year compared to August 2021 ($784,167). Sales volume was down 0% compared to the same month last year. Data is sourced from MLS® sold records.

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

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Units Sold

$707,333

Avg Sold Price

47d

Avg Days on Market

Buyer's Market

Market Condition

31 active at start of month 3 new listings Absorption rate: 9.7% Highest sold: $877,000 Lowest sold: $510,000

How Does August 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
August 2022 (this report)	3	$707,333	47d
August 2021 year ago	3 +0%	$784,167 -9.8%	—

3-Year Price Trend — Simon Fraser Hills, Burnaby

The Simon Fraser Hills, Burnaby real estate market was a Buyer's Market in August 2022, with 31 active listings at the start of the month, 3 properties sold, an average sold price of $707,333, properties averaging 47 days on market, an absorption rate of 9.7%. All data is sourced from MLS® sold records.

Recently Sold in Simon Fraser Hills, Burnaby

2969 Mira Place

Sold $947,000

3 bd • 3 ba • Townhouse

9016 Altair Place

Sold $925,000

3 bd • 4 ba • Townhouse

3348 Ganymede Drive

Sold $730,000

4 bd • 2 ba • Townhouse

9133 Capella Drive

Sold $525,000

3 bd • 1 ba • Townhouse

2975 Argo Place

Sold $520,000

2 bd • 1 ba • Townhouse

8918 Ganymede Place

Sold $710,000

3 bd • 2 ba • Townhouse

Active Listings in Simon Fraser Hills, Burnaby

9110 Centaurus Circle

$629,000

2 bd • 2 ba • Townhouse

9013 Altair Place

$849,000

3 bd • 2 ba • Townhouse

2600 Beaverbrook Crescent

$1,179,000

3 bd • 3 ba • Townhouse

9149 Saturna Drive

$549,000

3 bd • 1 ba • Apartment

8916 Orion Place

$819,900

3 bd • 2 ba • Townhouse

9150 Saturna Drive

$329,900

1 bd • 1 ba • Apartment

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Simon Fraser Hills, Burnaby specialist

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Related: Simon Fraser Hills, Burnaby Archive → Live Market Stats → Burnaby Reports → All BC Reports →

Frequently Asked Questions — Simon Fraser Hills, Burnaby August 2022

Is it a good time to buy in Simon Fraser Hills, Burnaby? −

In August 2022, the Simon Fraser Hills, Burnaby real estate market is classified as a Buyer's Market with an absorption rate of 9.7%. 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 Simon Fraser Hills, Burnaby in August 2022? +

What is the average home price in Simon Fraser Hills, Burnaby? +

How long are homes sitting on the market in Simon Fraser Hills, Burnaby? +

How has the Simon Fraser Hills, 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.