Sullivan Heights, Burnaby Condo Market Report – March 2024

Sullivan Heights is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Sullivan Heights based on MLS® data.

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11
Units Sold
$690,318
Avg Sold Price
37d
Avg Days on Market
Buyer's Market
Market Condition
207 active at start of month 16 new listings Absorption rate: 5.3% Highest sold: $1,073,000 Lowest sold: $463,000

How Does March 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
March 2024 (this report) 11 $690,318 37d
February 2024 month prior 11 +0% $773,894 -10.8% 31d +19.4%
March 2023 year ago 8 +37.5% $588,225 +17.4%

3-Year Price Trend — Sullivan Heights, Burnaby Condo

The Sullivan Heights, Burnaby condo real estate market was a Buyer's Market in March 2024, with 207 active listings at the start of the month, 11 properties sold, an average sold price of $690,318, properties averaging 37 days on market, an absorption rate of 5.3%. 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 Sullivan Heights, Burnaby specialist
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Frequently Asked Questions — Sullivan Heights, Burnaby March 2024

In March 2024, the Sullivan Heights, Burnaby condo real estate market is classified as a Buyer's Market with an absorption rate of 5.3%. 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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