Simon Fraser Univer., Burnaby Condo Market Report – October 2022

Q: How many homes sold in Simon Fraser Univer., Burnaby in October 2022?

7 condo properties sold in Simon Fraser Univer., Burnaby during October 2022 based on MLS® records. There were 317 active listings at the start of the month. A total of 18 new listings came to market during the month.

Q: What is the average home price in Simon Fraser Univer., Burnaby?

The average condo sold price in Simon Fraser Univer., Burnaby in October 2022 was $591,714. Sold prices ranged from $391,500 to $787,500. Data is sourced from MLS® board records.

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

In October 2022, condo properties in Simon Fraser Univer., Burnaby averaged 13 days on the market before selling. With an absorption rate of 2.2%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

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

The average condo sold price in Simon Fraser Univer., Burnaby in October 2022 was $591,714, up 7.3% year-over-year compared to October 2021 ($551,229). Sales volume was down 58.8% compared to the same month last year. Data is sourced from MLS® sold records.

Simon Fraser Univer. is an active condo 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.

← September 2022 Next month →

Units Sold

$591,714

Avg Sold Price

13d

Avg Days on Market

Buyer's Market

Market Condition

317 active at start of month 18 new listings Absorption rate: 2.2% Highest sold: $787,500 Lowest sold: $391,500

How Does October 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
October 2022 (this report)	7	$591,714	13d
September 2022 month prior	16 -56.3%	$568,459 +4.1%	21d -38.1%
October 2021 year ago	17 -58.8%	$551,229 +7.3%	—

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

The Simon Fraser Univer., Burnaby condo real estate market was a Buyer's Market in October 2022, with 317 active listings at the start of the month, 7 properties sold, an average sold price of $591,714, properties averaging 13 days on market, an absorption rate of 2.2%. All data is sourced from MLS® sold records.

Recently Sold in Simon Fraser Univer., Burnaby

9250 University High Street

Sold $650,000

2 bd • 2 ba • Apartment

9060 University Crescent

Sold $609,000

2 bd • 2 ba • Apartment

9080 University Crescent

Sold $1,170,000

3 bd • 2 ba • Apartment

9877 University Crescent

Sold $470,000

1 bd • 1 ba • Apartment

8850 University Crescent

Sold $580,000

2 bd • 2 ba • Apartment

9329 University Crescent

Sold $480,000

2 bd • 2 ba • Apartment

Active Listings in Simon Fraser Univer., Burnaby

9150 University High Street

$398,800

1 bd • 1 ba • Apartment

9222 University Crescent

$618,000

2 bd • 2 ba • Apartment

9080 University Crescent

$376,800

1 bd • 1 ba • Apartment

8940 University Crescent

$609,000

2 bd • 2 ba • Apartment

1675 Augusta Avenue

$799,000

2 bd • 2 ba • Apartment

9228 Slopes Mews

$565,000

2 bd • 2 ba • Apartment

Top Buildings in Simon Fraser Univer., Burnaby

Altitude

Altitude Tower 1

Crescent Court

Harmony

Harmony

Harmony

Prepared by

Hani Faraj

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

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Related: Simon Fraser Univer., Burnaby Condo Archive → Live Market Stats → Burnaby Reports → All BC Reports →

Frequently Asked Questions — Simon Fraser Univer., Burnaby October 2022

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

In October 2022, the Simon Fraser Univer., Burnaby condo real estate market is classified as a Buyer's Market with an absorption rate of 2.2%. 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 Univer., Burnaby in October 2022? +

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

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

How has the Simon Fraser Univer., Burnaby market changed compared to last year? +

Last Update: 06/03/2026 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.