Duplexes Market Report

December 2023 River Springs Duplexes Market

Duplexes market data for River Springs, Coquitlam — covering sales volume, pricing, and days on market for December 2023.

Buyer's MarketRiver Springs duplexes is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$1.39M
Avg Sold Price
74d
Avg Days on Market
$1,389,000
Avg $/sqft

December 2023 River Springs Market Snapshot

All property types — historical MLS® data for River Springs in December 2023.

All Types Sold1
Avg Sold Price$1,389,000
Avg Days on Market74 days
Avg Price per ft²$1,389,000

River Springs Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
July 20261$1,205,00017d$602,500
May 20262$1,247,50018d$911,750
April 20261$990,000$990,000Seller's
December 20251$1,360,00084d$1,360,000
October 20252$1,185,00044d$867,500Seller's
August 20252$1,125,00076d$787,500Seller's

Frequently Asked Questions — River Springs Duplexes

How did the River Springs duplexes market perform in December 2023?+
December 2023 duplexes data for River Springs is being compiled. Check back soon or view the full River Springs market report.
What is the absorption rate for duplexes in River Springs?+
River Springs 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 River Springs?+
River Springs 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 River Springs market perform in December 2023?+
In December 2023, the River Springs real estate market (all property types) recorded 1 sales at an average price of $1,389,000, with properties averaging 74 days on market at $1,389,000 per square foot.
How did River Springs compare in December 2023 vs. November 2023?+
Compared to November 2023, overall River Springs sales volume was unchanged (1 vs 1 homes sold) and the average sold price was up 26% to $1,389,000.
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