Simon Fraser Univer., Burnaby Market Report – August 2020

Simon Fraser Univer. 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 Univer. based on MLS® data.

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18
Units Sold
$818,000
Avg Sold Price
39d
Avg Days on Market
Balanced Market
Market Condition
119 active at start of month 44 new listings Absorption rate: 15.1% Highest sold: $3,246,000 Lowest sold: $481,500

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 18 $818,000 39d
July 2020 month prior 14 +28.6% $792,200 +3.3% 29d +34.5%

3-Year Price Trend — Simon Fraser Univer., Burnaby

The Simon Fraser Univer., Burnaby real estate market was a Balanced Market in August 2020, with 119 active listings at the start of the month, 18 properties sold, an average sold price of $818,000, properties averaging 39 days on market, an absorption rate of 15.1%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Simon Fraser Univer., Burnaby specialist
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Frequently Asked Questions — Simon Fraser Univer., Burnaby August 2020

In August 2020, the Simon Fraser Univer., Burnaby real estate market is classified as a Balanced Market with an absorption rate of 15.1%. The market in Simon Fraser Univer., Burnaby is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

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.

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