Cariboo, Burnaby Condo Market Report – January 2022

Cariboo is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Cariboo based on MLS® data.

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6
Units Sold
$543,333
Avg Sold Price
17d
Avg Days on Market
Balanced Market
Market Condition
46 active at start of month 4 new listings Absorption rate: 13% Highest sold: $650,000 Lowest sold: $480,000

How Does January 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
January 2022 (this report) 6 $543,333 17d
December 2021 month prior 4 +50% $477,500 +13.8% 44d -61.4%
January 2021 year ago 6 +0% $423,667 +28.2%

3-Year Price Trend — Cariboo, Burnaby Condo

The Cariboo, Burnaby condo real estate market was a Balanced Market in January 2022, with 46 active listings at the start of the month, 6 properties sold, an average sold price of $543,333, properties averaging 17 days on market, an absorption rate of 13%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Cariboo, Burnaby specialist
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Frequently Asked Questions — Cariboo, Burnaby January 2022

In January 2022, the Cariboo, Burnaby condo real estate market is classified as a Balanced Market with an absorption rate of 13%. The market in Cariboo, Burnaby is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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