Houses Market Report

January 2024 Cariboo Houses Market

Houses market data for Cariboo, Burnaby — covering sales volume, pricing, and days on market for January 2024.

← DecJanFeb →All Reports →
Buyer's MarketCariboo houses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
5
All Types Sold
$594K
Avg Sold Price
29d
Avg Days on Market
$132,527
Avg $/sqft

January 2024 Cariboo Market Snapshot

All property types — historical MLS® data for Cariboo in January 2024.

All Types Sold5
Avg Sold Price$594,300
Avg Days on Market29 days
Avg Price per ft²$132,527

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 Houses

How did the Cariboo houses market perform in January 2024?+
January 2024 houses data for Cariboo is being compiled. Check back soon or view the full Cariboo market report.
What is the absorption rate for houses in Cariboo?+
Cariboo houses 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 house in Cariboo?+
Cariboo houses 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 January 2024?+
In January 2024, the Cariboo real estate market (all property types) recorded 5 sales at an average price of $594,300, with properties averaging 29 days on market at $132,527 per square foot.
How did Cariboo compare in January 2024 vs. December 2023?+
Compared to December 2023, overall Cariboo sales volume was up 150% (2 vs 5 homes sold) and the average sold price was down 6% to $594,300.
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