South Slope, Burnaby Townhouse Market Report – August 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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7
Units Sold
$842,214
Avg Sold Price
12d
Avg Days on Market
Seller's Market
Market Condition
30 active at start of month 9 new listings Absorption rate: 23.3% Highest sold: $1,263,000 Lowest sold: $624,500

How Does August 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2021 (this report) 7 $842,214 12d
July 2021 month prior 3 +133.3% $880,333 -4.3% 17d -29.4%
August 2020 year ago 2 +250% $744,000 +13.2%

3-Year Price Trend — South Slope, Burnaby Townhouse

The South Slope, Burnaby townhouse real estate market was a Seller's Market in August 2021, with 30 active listings at the start of the month, 7 properties sold, an average sold price of $842,214, properties averaging 12 days on market, an absorption rate of 23.3%. 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 August 2021

In August 2021, the South Slope, Burnaby townhouse real estate market is classified as a Seller's Market with an absorption rate of 23.3%. It is currently a seller's market in South Slope, Burnaby. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/06/2026   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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