Duplexes Market Report

February 2024 Metrotown Duplexes Market

Duplexes market data for Metrotown, Burnaby — February 2024. Average sold price $863,800, 15 sold in 30 days, 55 avg days on market.

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Buyer's MarketMetrotown duplexes is currently a buyer's market. 4.1% sales-to-active listings ratio — homes selling in an average of 55 days, at an average sold price of $863,800 — well-priced properties are attracting strong demand.
15
Duplexs Sold (30d)
$864K
Avg Sold Price
55d
Avg Days on Market
363
Homes For Sale

Current Metrotown Duplexes Stats

Live MLS® data updated every 5 minutes. Most recent 30-day rolling window.

Duplexs Sold (30d)15
Avg Sold Price$863,800
Homes For Sale363
Avg Days on Market55 days
Months of Supply24.2 mo

February 2024 Metrotown Market Snapshot

All property types — historical MLS® data for Metrotown in February 2024.

All Types Sold54
Avg Sold Price$913,533
Avg Days on Market30 days
Avg Price per ft²$275,356

Metrotown Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 202621$1,055,14360d$563,016—
August 202650$785,85056d$270,038Seller's
July 202658$871,71046d$314,085Seller's
June 202653$873,53948d$322,580Seller's
May 202653$895,17240d$298,999Seller's
April 202640$686,31049d$150,582Seller's

Frequently Asked Questions — Metrotown Duplexes

How did the Metrotown duplexes market perform in February 2024?+
The Metrotown duplexes market currently shows 15 units sold in the last 30 days at an average price of $863,800, with an average of 55 days on market. Buyers have more choice and negotiating leverage. This data reflects the most recent 30-day MLS® activity.
What is the average price of a duplex in Metrotown?+
The average sold price for a duplex in Metrotown is currently $863,800, based on MLS® sales over the past 30 days. Prices vary by size, floor, age, and condition. Contact a local agent for a property-specific valuation.
How long do duplexes take to sell in Metrotown?+
Duplexes in Metrotown are currently selling in an average of 55 days on market. Well-priced properties in good condition tend to sell faster — sometimes within days of listing. Properties at higher price points may take longer.
What is the absorption rate for duplexes in Metrotown?+
Metrotown duplexes has a sales-to-active listings ratio (SALR) of 4.1%, 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 Metrotown?+
Metrotown duplexes are currently in a buyer's market. The average price is $863,800. 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 Metrotown market perform in February 2024?+
In February 2024, the Metrotown real estate market (all property types) recorded 54 sales at an average price of $913,533, with properties averaging 30 days on market at $275,356 per square foot.
How did Metrotown compare in February 2024 vs. January 2024?+
Compared to January 2024, overall Metrotown sales volume was down 8% (59 vs 54 homes sold) and the average sold price was up 2% to $913,533.
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