Simon Fraser Univer., Burnaby Townhouse Market Report – October 2024

Simon Fraser Univer. is an active townhouse 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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3
Units Sold
$910,333
Avg Sold Price
9d
Avg Days on Market
Buyer's Market
Market Condition
96 active at start of month 4 new listings Absorption rate: 3.1% Highest sold: $1,276,000 Lowest sold: $690,000

How Does October 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
October 2024 (this report) 3 $910,333 9d
September 2024 month prior 1 +200% $630,000 +44.5% 4d +125%
October 2023 year ago 1 +200% $825,000 +10.3%

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

The Simon Fraser Univer., Burnaby townhouse real estate market was a Buyer's Market in October 2024, with 96 active listings at the start of the month, 3 properties sold, an average sold price of $910,333, properties averaging 9 days on market, an absorption rate of 3.1%. 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 October 2024

In October 2024, the Simon Fraser Univer., Burnaby townhouse real estate market is classified as a Buyer's Market with an absorption rate of 3.1%. 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.

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.

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