Duplexes Market Report

August 2024 Big Bend Duplexes Market

Duplexes market data for Big Bend, Burnaby — covering sales volume, pricing, and days on market for August 2024.

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Buyer's MarketBig Bend duplexes is currently a buyer's market, with 10.1% sales-to-active listings ratio.
2
All Types Sold
$1.05M
Avg Sold Price
18d
Avg Days on Market
$1,050,000
Avg $/sqft

August 2024 Big Bend Market Snapshot

All property types — historical MLS® data for Big Bend in August 2024.

All Types Sold2
Avg Sold Price$1,050,000
Avg Days on Market18 days
Avg Price per ft²$1,050,000

Big Bend Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
August 20261$1,085,00037d$1,085,000—
May 20261$1,172,800231d$1,172,800—
March 20262$1,262,50024d$875,000Seller's
January 20261$1,285,00022d$642,500Seller's
November 20251$2,975,00032d$743,750Seller's
October 20252$1,204,000104d$1,204,000Seller's

Frequently Asked Questions — Big Bend Duplexes

How did the Big Bend duplexes market perform in August 2024?+
August 2024 duplexes data for Big Bend is being compiled. Check back soon or view the full Big Bend market report.
What is the absorption rate for duplexes in Big Bend?+
Big Bend 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 Big Bend?+
Big Bend 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 Big Bend market perform in August 2024?+
In August 2024, the Big Bend real estate market (all property types) recorded 2 sales at an average price of $1,050,000, with properties averaging 18 days on market at $1,050,000 per square foot.
How did Big Bend compare in August 2024 vs. June 2024?+
Compared to June 2024, overall Big Bend sales volume was up 100% (1 vs 2 homes sold) and the average sold price was up 27% to $1,050,000.
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