Townhouse market in Burnaby: Buyer's Market · 21 townhouses sold (30d) · avg $891,714 · 39 days on market
Buyers currently have more choice in Burnaby's townhouse market, with homes taking longer to sell. In the past 30 days, 21 townhouses sold across Burnaby at an average sold price of $891,714. Townhouses are selling in an average of 39 days on the market. The absorption rate is 10.6% — meaning 10.6% of active townhouse inventory sells each month. Average townhouse prices in Burnaby are down 2.9% compared to the 90-day average of $918,512. If you're considering buying a townhouse in Burnaby, you have more time to negotiate — though well-priced townhomes still attract attention.
Average sold price per month (townhouses)
How many townhouses sold in each price bracket (last 90 days)
Based on 21 townhouse sales recorded in the last 30 days via MLS® board data.
Based on current data, Burnaby is a Buyer's Market for townhouses.
The absorption rate is 10.6%, with 199 active townhouse listings and 21 sales in the last 30 days.
What this means for buyers: You have more negotiating power. There are more townhouses available than buyers, giving you time to find the right home without as much competition pressure.
Townhouses in Burnaby are taking an average of 39 days on the market before selling, based on sales in the last 30 days.
21 townhouses sold in Burnaby in the last 30 days, based on MLS® data.
There are currently 199 active townhouse listings in Burnaby.