Duplexes Market Report

October 2023 Upper Deer Lake Duplexes Market

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

OctNov →All Reports →
Buyer's MarketUpper Deer Lake duplexes is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$2.2M
Avg Sold Price
8d
Avg Days on Market
$1,100,000
Avg $/sqft

October 2023 Upper Deer Lake Market Snapshot

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

All Types Sold1
Avg Sold Price$2,200,000
Avg Days on Market8 days
Avg Price per ft²$1,100,000

Upper Deer Lake Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
August 20262$2,048,50044d$1,266,167—
June 20262$1,650,00079d$1,227,500Seller's
May 20264$1,691,50033d$730,125Seller's
April 20262$1,732,50012d$866,250Seller's
March 20261$2,200,0008d$550,000Seller's
February 20264$2,412,50018d$742,708Seller's

Frequently Asked Questions — Upper Deer Lake Duplexes

How did the Upper Deer Lake duplexes market perform in October 2023?+
October 2023 duplexes data for Upper Deer Lake is being compiled. Check back soon or view the full Upper Deer Lake market report.
What is the absorption rate for duplexes in Upper Deer Lake?+
Upper Deer Lake 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 Upper Deer Lake?+
Upper Deer Lake 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 Upper Deer Lake market perform in October 2023?+
In October 2023, the Upper Deer Lake real estate market (all property types) recorded 1 sales at an average price of $2,200,000, with properties averaging 8 days on market at $1,100,000 per square foot.
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