South Slope, Burnaby Townhouse Market Report – May 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.

← April 2021 Next month →
5
Units Sold
$971,000
Avg Sold Price
5d
Avg Days on Market
Strong Seller's Market
Market Condition
15 active at start of month 10 new listings Absorption rate: 33.3% Highest sold: $1,290,000 Lowest sold: $760,000

How Does May 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2021 (this report) 5 $971,000 5d
April 2021 month prior 1 +400% $615,000 +57.9% 6d -16.7%
May 2020 year ago 1 +400% $668,000 +45.4%

3-Year Price Trend — South Slope, Burnaby Townhouse

The South Slope, Burnaby townhouse real estate market was a Strong Seller's Market in May 2021, with 15 active listings at the start of the month, 5 properties sold, an average sold price of $971,000, properties averaging 5 days on market, an absorption rate of 33.3%. 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
Get your home value ›

Frequently Asked Questions — South Slope, Burnaby May 2021

In May 2021, the South Slope, Burnaby townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 33.3%. It is currently a strong seller's market in South Slope, Burnaby, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. 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.

★★★★★ 4.8 / 5  —  700+ Google Reviews Read Reviews →