Simon Fraser University Market Stats for January 1, 2011 to January 9, 2011
The first week of 2011 was rather quiet in the Simon Fraser University area, specifically UniverCity of Burnaby North. There were no sales reported through the MLS for the past week however there were three new listings that came to market.
Currently, there is limited selection on the mountain with only 29 active listings. This is still winter and the SFU area tends to receive more snow than other parts of Vancouver. As we are still expecting a large snow dump this could be one of the reasons why Sellers are hesitant to list at this time. I believe inventory, which currently is too low for the area, will improve in the coming months.
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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.