Forglen
BURNABY SOUTH, BC

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Life in Forglen

Forglen is part of Burnaby South and is 10.8 km from Downtown Vancouver and 14.0 km from the Vancouver International Airport. There is 1 school in Forglen including Ecole Marlborough Elementary.


There are currently 63 homes for sale in Forglen made up of condos, townhomes and houses with an average list price of $1,295,838. An average Condo in Forglen has 2 bedrooms, is 1,124 SF and lists for $987,841. Condo prices range from $485,000 - $2,998,800.

Forglen Market Intelligence

Last updated June 24, 2022 at 01:20am -07:00

Market Summary

Chart Information

The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.

Average Sale Price

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Sales

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Active Listings

63

Jun 24, 2022

Sales-To-Listing Ratio

20 %

Sellers' Market

Average Days On Market

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CURRENT MARKET CONDITIONS

Chart Information

The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.

CONDOS

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TOWNHOMES

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HOUSES

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