Duplexes Market Report

November 2023 Cariboo Duplexes Market

Duplexes market data for Cariboo, Burnaby — covering sales volume, pricing, and days on market for November 2023.

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Buyer's MarketCariboo duplexes is currently a buyer's market, with 10.1% sales-to-active listings ratio.
3
All Types Sold
$499K
Avg Sold Price
29d
Avg Days on Market
$600
Avg $/sqft

November 2023 Cariboo Market Snapshot

All property types — historical MLS® data for Cariboo in November 2023.

All Types Sold3
Avg Sold Price$499,333
Avg Days on Market29 days
Avg Price per ft²$600

Cariboo Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
August 20262$741,25075d$741,250—
July 20262$501,75030d$310,286Seller's
June 20261$865,7008d$865,700Seller's
May 20263$591,0007d$446,165Seller's
April 20264$425,00037d$510Seller's
March 20263$456,96713d$603Seller's

Frequently Asked Questions — Cariboo Duplexes

How did the Cariboo duplexes market perform in November 2023?+
November 2023 duplexes data for Cariboo is being compiled. Check back soon or view the full Cariboo market report.
What is the absorption rate for duplexes in Cariboo?+
Cariboo duplexes has a sales-to-active listings ratio (SALR) of 10.1%, below the 12% threshold that defines a buyer's market. There are more homes available relative to demand, giving buyers more time to consider their options and more room to negotiate on price and conditions. Sellers may need to price competitively to attract offers.
Is it a good time to buy a duplex in Cariboo?+
Cariboo duplexes are currently in a buyer's market. Whether now is the right time depends on your personal timeline, budget, and goals. A knowledgeable local agent can help you assess current opportunities.
How did the overall Cariboo market perform in November 2023?+
In November 2023, the Cariboo real estate market (all property types) recorded 3 sales at an average price of $499,333, with properties averaging 29 days on market at $600 per square foot.
How did Cariboo compare in November 2023 vs. October 2023?+
Compared to October 2023, overall Cariboo sales volume was unchanged (3 vs 3 homes sold) and the average sold price was down 26% to $499,333.
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