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 335 homes for sale in Metrotown made up of condos, townhomes and houses with an average list price of $1,030,058. An average Condo in Metrotown has 2 bedrooms, is 867 SF and lists for $959,862. Condo prices range from $529,200 - $1,820,000.

Metrotown Market Intelligence

Last updated November 17, 2024 at 12:26am -08:00

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

335

Nov 17, 2024

Sales-To-Listing Ratio

12 %

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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I work in healthcare and have a very busy & erratic schedule, Liza was immensely patient with my seemingly endless questions.

Anne M.
Metrotown
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