Houses Market Report

October 2023 Deer Lake Place Houses Market

Houses market data for Deer Lake Place, Burnaby — covering sales volume, pricing, and days on market for October 2023.

OctNov →All Reports →
Buyer's MarketDeer Lake Place houses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
4
All Types Sold
$1.89M
Avg Sold Price
10d
Avg Days on Market
$853,542
Avg $/sqft

October 2023 Deer Lake Place Market Snapshot

All property types — historical MLS® data for Deer Lake Place in October 2023.

All Types Sold4
Avg Sold Price$1,890,000
Avg Days on Market10 days
Avg Price per ft²$853,542

Deer Lake Place Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
July 20261$1,550,00012d$516,667—
June 20261$1,930,00048d$643,333—
May 20262$1,832,5009d$767,083Seller's
April 20261$1,750,00051d$583,333—
March 20261$1,780,0002d$593,333Seller's
November 20252$1,865,00043d$766,667—

Frequently Asked Questions — Deer Lake Place Houses

How did the Deer Lake Place houses market perform in October 2023?+
October 2023 houses data for Deer Lake Place is being compiled. Check back soon or view the full Deer Lake Place market report.
What is the absorption rate for houses in Deer Lake Place?+
Deer Lake Place houses 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 house in Deer Lake Place?+
Deer Lake Place houses 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 Deer Lake Place market perform in October 2023?+
In October 2023, the Deer Lake Place real estate market (all property types) recorded 4 sales at an average price of $1,890,000, with properties averaging 10 days on market at $853,542 per square foot.
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