South Slope, Burnaby Condo Market Report – February 2021

Greentree Village is a residential neighbourhood in south Burnaby, BC, featuring a mix of townhouses, low-rise condos, and some remaining single-family homes in a central location between Edmonds and Metrotown. The area is well-served by transit, with Edmonds SkyTrain station on the Expo Line providing fast connections to downtown Vancouver and New Westminster. Nearby Central Park — Burnaby's largest urban park — offers expansive green space, sports courts, a pitch-and-putt golf course, and Swangard Stadium. The Metrotown district and its extensive shopping, dining, and entertainment options are a short bus or SkyTrain ride away. Greentree Village provides solid value within south Burnaby's active real estate market.

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12
Units Sold
$592,583
Avg Sold Price
22d
Avg Days on Market
Balanced Market
Market Condition
87 active at start of month 13 new listings Absorption rate: 13.8% Highest sold: $710,000 Lowest sold: $425,000

How Does February 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2021 (this report) 12 $592,583 22d
January 2021 month prior 13 -7.7% $591,423 +0.2% 38d -42.1%

3-Year Price Trend — South Slope, Burnaby Condo

The South Slope, Burnaby condo real estate market was a Balanced Market in February 2021, with 87 active listings at the start of the month, 12 properties sold, an average sold price of $592,583, properties averaging 22 days on market, an absorption rate of 13.8%. 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 South Slope, Burnaby specialist
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Frequently Asked Questions — South Slope, Burnaby February 2021

In February 2021, the South Slope, Burnaby condo real estate market is classified as a Balanced Market with an absorption rate of 13.8%. The market in South Slope, Burnaby is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   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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