Metrotown
BURNABY SOUTH, BC
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Life in Metrotown
Metrotown is part of Burnaby South and is 11.4 km from Downtown Vancouver and 13.8 km from the Vancouver International Airport. There are 9 schools in Metrotown including Burnaby South Secondary, Maywood Community Elementary, and Nelson Elementary.
There are currently 195 homes for sale in Metrotown made up of condos, townhomes and houses with an average list price of $997,848. An average Condo in Metrotown has 2 bedrooms, is 923 SF and lists for $929,293. Condo prices range from $525,000 - $1,880,000.
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Metrotown Market Intelligence
Last updated August 13, 2022 at 01:24am -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
195
Aug 13, 2022
Sales-To-Listing Ratio
18
%
Balanced 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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Education
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