Cariboo, Burnaby Condo Market Report – January 2024

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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4
Units Sold
$577,875
Avg Sold Price
33d
Avg Days on Market
Buyer's Market
Market Condition
82 active at start of month 5 new listings Absorption rate: 4.9% Highest sold: $660,000 Lowest sold: $499,000

How Does January 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
January 2024 (this report) 4 $577,875 33d
December 2023 month prior 2 +100% $630,000 -8.3% 71d -53.5%
January 2023 year ago 1 +300% $498,000 +16%

3-Year Price Trend — Cariboo, Burnaby Condo

The Cariboo, Burnaby condo real estate market was a Buyer's Market in January 2024, with 82 active listings at the start of the month, 4 properties sold, an average sold price of $577,875, properties averaging 33 days on market, an absorption rate of 4.9%. 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 2024

In January 2024, the Cariboo, Burnaby condo real estate market is classified as a Buyer's Market with an absorption rate of 4.9%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. 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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