Duplexes Market Report

November 2023 Forest Hills BN Duplexes Market

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

NovDec →All Reports →
Buyer's MarketForest Hills BN duplexes is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.13M
Avg Sold Price
55d
Avg Days on Market
$562,500
Avg $/sqft

November 2023 Forest Hills BN Market Snapshot

All property types — historical MLS® data for Forest Hills BN in November 2023.

All Types Sold1
Avg Sold Price$1,125,000
Avg Days on Market55 days
Avg Price per ft²$562,500

Forest Hills BN Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20264$1,251,50014d$675,875—
August 20261$1,750,00081d$875,000Seller's
July 20264$1,136,25021d$865,417Seller's
June 20266$906,66727d$818,125Seller's
May 20262$912,50027d$658,750Seller's
April 20263$1,073,3335d$706,667Seller's

Frequently Asked Questions — Forest Hills BN Duplexes

How did the Forest Hills BN duplexes market perform in November 2023?+
November 2023 duplexes data for Forest Hills BN is being compiled. Check back soon or view the full Forest Hills BN market report.
What is the absorption rate for duplexes in Forest Hills BN?+
Forest Hills BN 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 Forest Hills BN?+
Forest Hills BN 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 Forest Hills BN market perform in November 2023?+
In November 2023, the Forest Hills BN real estate market (all property types) recorded 1 sales at an average price of $1,125,000, with properties averaging 55 days on market at $562,500 per square foot.
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