The Simon Fraser University area, specifically UniverCity of Burnaby North real estate market seems to increasing steam. 7 new listings came to market this past week, including an incredible penthouse unit at 9188 Altaire. There were no sales although the word on the street is that a town home did sell last night (Jan 25th) which will show in next week’s MLS data
There are now 38 active listings in the area with an average cost of $415,649 or $459.70 per sq ft. 4 of the 38 units for sale are located in the Origin development.
Inventory levels are still low for the area. Given the increased demand in the real estate market right now, drive in part to new mortgage rules that take affect March 2011, this could be a very good time for Sellers looking to make a move in the SFU area.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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