Promontory, Sardis Market Report – May 2023

Q: How many homes sold in Promontory, Sardis in May 2023?

24 properties sold in Promontory, Sardis during May 2023 based on MLS® records. There were 137 active listings at the start of the month. A total of 40 new listings came to market during the month.

Q: What is the average home price in Promontory, Sardis?

The average sold price in Promontory, Sardis in May 2023 was $871,800. Sold prices ranged from $530,000 to $1,444,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Promontory, Sardis?

In May 2023, properties in Promontory, Sardis averaged 8 days on the market before selling. With an absorption rate of 17.5%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

Q: How has the Promontory, Sardis market changed compared to last year?

The average sold price in Promontory, Sardis in May 2023 was $871,800, down 13.6% year-over-year compared to May 2022 ($1,008,750). Sales volume was up 1100% compared to the same month last year. Data is sourced from MLS® sold records.

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

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Units Sold

$871,800

Avg Sold Price

Avg Days on Market

Balanced Market

Market Condition

137 active at start of month 40 new listings Absorption rate: 17.5% Highest sold: $1,444,000 Lowest sold: $530,000

How Does May 2023 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2023 (this report)	24	$871,800	8d
April 2023 month prior	32 -25%	$867,459 +0.5%	26d -69.2%
May 2022 year ago	2 +1100%	$1,008,750 -13.6%	—

3-Year Price Trend — Promontory, Sardis

The Promontory, Sardis real estate market was a Balanced Market in May 2023, with 137 active listings at the start of the month, 24 properties sold, an average sold price of $871,800, properties averaging 8 days on market, an absorption rate of 17.5%. All data is sourced from MLS® sold records.

Recently Sold in Promontory, Sardis

46360 Valleyview Road

Sold $605,000

3 bd • 3 ba • Townhouse

5823 Promontory Road

Sold $790,000

3 bd • 3 ba • House

Active Listings in Promontory, Sardis

5648 Promontory Road

$729,900

4 bd • 4 ba • Townhouse

46778 Sylvan Drive

$1,049,000

5 bd • 4 ba • House

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Promontory, Sardis specialist

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Related: Promontory, Sardis Archive → Live Market Stats → Sardis Reports → All BC Reports →

Frequently Asked Questions — Promontory, Sardis May 2023

Is it a good time to buy in Promontory, Sardis? −

In May 2023, the Promontory, Sardis real estate market is classified as a Balanced Market with an absorption rate of 17.5%. The market in Promontory, Sardis is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Promontory, Sardis in May 2023? +

What is the average home price in Promontory, Sardis? +

How long are homes sitting on the market in Promontory, Sardis? +

How has the Promontory, Sardis market changed compared to last year? +

Last Update: 06/04/2026 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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