Simon Fraser Univer., Burnaby Townhouse Market Report – June 2022

In June 2022, the Simon Fraser Univer., Burnaby townhouse real estate market is classified as a Buyer's Market with an absorption rate of 7.8%. 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 Simon Fraser Univer., Burnaby during June 2022 based on MLS® records. There were 51 active listings at the start of the month. A total of 7 new listings came to market during the month.

The average townhouse sold price in Simon Fraser Univer., Burnaby in June 2022 was $709,975. Sold prices ranged from $649,900 to $860,000. Data is sourced from MLS® board records.

In June 2022, townhouse properties in Simon Fraser Univer., Burnaby averaged 19 days on the market before selling. With an absorption rate of 7.8%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Simon Fraser Univer., Burnaby in June 2022 was $709,975, down 6.5% year-over-year compared to June 2021 ($759,333). Sales volume was down 33.3% compared to the same month last year. Data is sourced from MLS® sold records.