Duplexes Market Report

December 2023 Parkcrest Duplexes Market

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

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Buyer's MarketParkcrest duplexes is currently a buyer's market, with 10.1% sales-to-active listings ratio.
4
All Types Sold
$1.76M
Avg Sold Price
41d
Avg Days on Market
$878,125
Avg $/sqft

December 2023 Parkcrest Market Snapshot

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

All Types Sold4
Avg Sold Price$1,756,250
Avg Days on Market41 days
Avg Price per ft²$878,125

Parkcrest Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20264$1,822,5007d$968,542—
August 20263$2,722,933122d$753,587Seller's
July 20262$2,012,50046d$827,083Seller's
June 20265$1,933,50027d$829,250Seller's
May 20261$2,140,00016d$713,333Balanced
April 20269$2,163,94436d$926,565Seller's

Frequently Asked Questions — Parkcrest Duplexes

How did the Parkcrest duplexes market perform in December 2023?+
December 2023 duplexes data for Parkcrest is being compiled. Check back soon or view the full Parkcrest market report.
What is the absorption rate for duplexes in Parkcrest?+
Parkcrest 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 Parkcrest?+
Parkcrest 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 Parkcrest market perform in December 2023?+
In December 2023, the Parkcrest real estate market (all property types) recorded 4 sales at an average price of $1,756,250, with properties averaging 41 days on market at $878,125 per square foot.
How did Parkcrest compare in December 2023 vs. November 2023?+
Compared to November 2023, overall Parkcrest sales volume was up 100% (2 vs 4 homes sold) and the average sold price was down 23% to $1,756,250.
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