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Westcoast Condominium
While sales of detached homes and townhouses in Burnaby dropped in June, condo buyers continued to be out in full force last month, driving sales up 12 per cent over May. Buyers still have a choice of 395 active listings, ranging in price from a one-bedroom in Valhalla Court near Burnaby Hospital for $175,000 to a three-bedroom in Centrepointe in Forest Glen for $1,790,000.
Highgate
This Burnaby South neighbourhood currently has 35 condo listings starting at $229,599 for a one-bedroom in Hambry Court that entered the market in late June. At the other end of the spectrum is a three-bedroom penthouse in West that can be yours for $1,428,000.
Area sales have been brisk with 22 showing up in our June reports. Owners were accepting offers anywhere from nine per cent under asking (a one-bedroom in Linden House that took just under a month to sell for $198,000) to two condos that went for 12 per cent over list (a one-bedroom in City Club that took close to two months to sell for $285,008 and a two-bedroom in Gemini II that went for $650,000 after nine days).
Simon Fraser University
Considered a prime location for investment properties and university workers, there are more than 40 condos in the SFU community crying out for new owners. You can call the area home for as little as $199,000 (a one-bedroom in Highland House) or as much as $1,360,000 (a three-bedroom in Altitude).
More than 15 condos in the area changed hands last month. The happiest buyers snapped up a one-bedroom in CentreBlock for two per cent under its $346,800 asking price the same day it went on the market. The happiest sellers waited 10 days to receive an offer nine per cent over their list price of $348,000 for their two-bedroom Harmony home.
For a full summary of the Burnaby condo market in June 2016, check out our infographic below.
Burnaby 2016 06 market
