Duplexes Market Report

May 2024 Central BN Duplexes Market

Duplexes market data for Central BN, Burnaby — May 2024. Average sold price $2,900,000, 1 sold in 30 days, 48 avg days on market.

← AprMayJun →All Reports →
Buyer's MarketCentral BN duplexes is currently a buyer's market. 2.6% sales-to-active listings ratio — homes selling in an average of 48 days, at an average sold price of $2,900,000 — well-priced properties are attracting strong demand.
1
Duplexs Sold (30d)
$2.9M
Avg Sold Price
48d
Avg Days on Market
39
Homes For Sale

Current Central BN Duplexes Stats

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

Duplexs Sold (30d)1
Avg Sold Price$2,900,000
Homes For Sale39
Avg Days on Market48 days
Months of Supply39.0 mo

May 2024 Central BN Market Snapshot

All property types — historical MLS® data for Central BN in May 2024.

All Types Sold4
Avg Sold Price$937,000
Avg Days on Market7 days
Avg Price per ft²$460,957

Central BN Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20261$2,900,00048d$1,450,000—
August 20262$989,00029d$681,500Seller's
July 20265$1,352,50022d$932,650Seller's
June 20266$1,586,75050d$891,070Seller's
May 20264$1,311,25010d$736,250Seller's
April 20264$1,269,50021d$733,821Seller's

Frequently Asked Questions — Central BN Duplexes

How did the Central BN duplexes market perform in May 2024?+
The Central BN duplexes market currently shows 1 units sold in the last 30 days at an average price of $2,900,000, with an average of 48 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 Central BN?+
The average sold price for a duplex in Central BN is currently $2,900,000, 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 duplexes take to sell in Central BN?+
Duplexes in Central BN are currently selling in an average of 48 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 Central BN?+
Central BN duplexes has a sales-to-active listings ratio (SALR) of 2.6%, 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 Central BN?+
Central BN duplexes are currently in a buyer's market. The average price is $2,900,000. 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 Central BN market perform in May 2024?+
In May 2024, the Central BN real estate market (all property types) recorded 4 sales at an average price of $937,000, with properties averaging 7 days on market at $460,957 per square foot.
How did Central BN compare in May 2024 vs. April 2024?+
Compared to April 2024, overall Central BN sales volume was unchanged (4 vs 4 homes sold) and the average sold price was down 22% to $937,000.
Explore More

What does the Central BN duplexes market mean for you?

Saeed specialises in Central BN real estate and can give you a personalised view of the duplexes market.

Get a Market Briefing

Why work with Saeed

Real estate expertise you can count on — reach out any time.

Call 778-883-3264or send a message