Duplexes Market Report

December 2023 Garden Village Duplexes Market

Duplexes market data for Garden Village, Burnaby — covering sales volume, pricing, and days on market for December 2023.

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Buyer's MarketGarden Village duplexes is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.89M
Avg Sold Price
54d
Avg Days on Market
$945,000
Avg $/sqft

December 2023 Garden Village Market Snapshot

All property types — historical MLS® data for Garden Village in December 2023.

All Types Sold1
Avg Sold Price$1,890,000
Avg Days on Market54 days
Avg Price per ft²$945,000

Garden Village Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
August 20261$1,680,00091d$1,680,000—
July 20261$1,488,00024d$1,488,000Seller's
June 20261$1,825,0004d$912,500Seller's
May 20261$1,568,00012d$784,000Seller's
February 20263$1,824,62938d$912,315—
January 20261$1,850,00012d$925,000Seller's

Frequently Asked Questions — Garden Village Duplexes

How did the Garden Village duplexes market perform in December 2023?+
December 2023 duplexes data for Garden Village is being compiled. Check back soon or view the full Garden Village market report.
What is the absorption rate for duplexes in Garden Village?+
Garden Village 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 Garden Village?+
Garden Village 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 Garden Village market perform in December 2023?+
In December 2023, the Garden Village real estate market (all property types) recorded 1 sales at an average price of $1,890,000, with properties averaging 54 days on market at $945,000 per square foot.
How did Garden Village compare in December 2023 vs. November 2023?+
Compared to November 2023, overall Garden Village sales volume was unchanged (1 vs 1 homes sold) and the average sold price was down 42% to $1,890,000.
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