Condos Market Report

April 2024 Cariboo Condos Market

Condos market data for Cariboo, Burnaby — April 2024. Average sold price $382,000, 2 sold in 30 days, 22 avg days on market.

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Buyer's MarketCariboo condos is currently a buyer's market. 9.1% sales-to-active listings ratio — homes selling in an average of 22 days, at an average sold price of $382,000 — well-priced properties are attracting strong demand.
2
Condos Sold (30d)
$382K
Avg Sold Price
22d
Avg Days on Market
22
Homes For Sale

Current Cariboo Condos Stats

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

Condos Sold (30d)2
Avg Sold Price$382,000
Homes For Sale22
Avg Days on Market22 days
Months of Supply11.0 mo

April 2024 Cariboo Market Snapshot

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

All Types Sold5
Avg Sold Price$518,300
Avg Days on Market19 days
Avg Price per ft²$696

Cariboo Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
November 20261$440,0005d$494—
October 20263$440,73341d$512Seller's
September 20261$415,000112d$481Seller's
August 20262$741,25075d$741,250Seller's
July 20262$501,75030d$310,286Seller's
June 20261$865,7008d$865,700Seller's

Frequently Asked Questions — Cariboo Condos

How did the Cariboo condos market perform in April 2024?+
The Cariboo condos market currently shows 2 units sold in the last 30 days at an average price of $382,000, with an average of 22 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 condo in Cariboo?+
The average sold price for a condo in Cariboo is currently $382,000, 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 condos take to sell in Cariboo?+
Condos in Cariboo are currently selling in an average of 22 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 condos in Cariboo?+
Cariboo condos has a sales-to-active listings ratio (SALR) of 9.1%, 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 condo in Cariboo?+
Cariboo condos are currently in a buyer's market. The average price is $382,000. 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 April 2024?+
In April 2024, the Cariboo real estate market (all property types) recorded 5 sales at an average price of $518,300, with properties averaging 19 days on market at $696 per square foot.
How did Cariboo compare in April 2024 vs. March 2024?+
Compared to March 2024, overall Cariboo sales volume was up 150% (2 vs 5 homes sold) and the average sold price was down 20% to $518,300.
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