Duplexes Market Report

January 2024 Parkcrest Duplexes Market

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

← DecJanFeb →All Reports →
Buyer's MarketParkcrest duplexes is currently a buyer's market, with 10.1% sales-to-active listings ratio.
3
All Types Sold
$2.17M
Avg Sold Price
105d
Avg Days on Market
$1,336,667
Avg $/sqft

January 2024 Parkcrest Market Snapshot

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

All Types Sold3
Avg Sold Price$2,168,333
Avg Days on Market105 days
Avg Price per ft²$1,336,667

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 January 2024?+
January 2024 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 January 2024?+
In January 2024, the Parkcrest real estate market (all property types) recorded 3 sales at an average price of $2,168,333, with properties averaging 105 days on market at $1,336,667 per square foot.
How did Parkcrest compare in January 2024 vs. December 2023?+
Compared to December 2023, overall Parkcrest sales volume was down 25% (4 vs 3 homes sold) and the average sold price was up 23% to $2,168,333.
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