Buyer's Market · avg price $1,430,000 · 1 sold (30d) · 81 days on market
Buyers currently have more choice in Forest Glen, Burnaby's multi-family market, with homes taking longer to sell. In the past 30 days, 1 multi-family properties sold across Forest Glen, Burnaby at an average sold price of $1,430,000. Multi-family properties are selling in an average of 81 days on the market. The absorption rate is 6.7% — meaning 6.7% of active multi-family inventory sells each month. Average multi-family prices in Forest Glen, Burnaby are down 5.3% compared to the 90-day average of $1,510,000. If you're considering buying a multi-family property in Forest Glen, Burnaby, you have more time to negotiate — though well-priced homes still attract attention.
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12-month average sold price (all types combined)
Forest Glen is a Buyer's Market for multi-family properties (absorption rate: 6.7%, 1 sold vs 15 active in the last 30 days).