The Simon Fraser University area, specifically UniverCity of Burnaby North real estate market has had an active start to the year.
According to MLS data as of February 6, 2012, there have been a total of 5 sales this year. The average sale price is $376,941 or $394.43 per sqft. What is also interesting is the average days-on-market for these 5 sales is 53 days. In comparison there were 6 sales registered through MLS in January 2011, the average sale price was $372,833 and the average days-on-market was 62. So comparing a single month year-over-year shows that the market is relatively unchanged.
During the past month, we have made two exciting announcements. On February 26, 2012 I have the privilege of hosting an exclusive event in conjunction with Porte Development for their new Lift project. If you have not already heard about the project click here for more details.
If you have any further questions please contact us directly.