Duplexes Market Report

December 2023 Deer Lake Duplexes Market

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

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Buyer's MarketDeer Lake duplexes is currently a buyer's market, with 10.1% sales-to-active listings ratio.
1
All Types Sold
$3.69M
Avg Sold Price
166d
Avg Days on Market
$737,778
Avg $/sqft

December 2023 Deer Lake Market Snapshot

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

All Types Sold1
Avg Sold Price$3,688,888
Avg Days on Market166 days
Avg Price per ft²$737,778

Deer Lake Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
August 20261$2,909,99925d$727,500—
July 20262$2,800,00310d$1,183,335—
April 20262$2,235,00013d$745,000—
November 20251$2,900,000234d$483,333—
September 20251$2,100,00071d$1,050,000Seller's
August 20252$3,062,50074d$765,625Seller's

Frequently Asked Questions — Deer Lake Duplexes

How did the Deer Lake duplexes market perform in December 2023?+
December 2023 duplexes data for Deer Lake is being compiled. Check back soon or view the full Deer Lake market report.
What is the absorption rate for duplexes in Deer Lake?+
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 Deer Lake?+
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 Deer Lake market perform in December 2023?+
In December 2023, the Deer Lake real estate market (all property types) recorded 1 sales at an average price of $3,688,888, with properties averaging 166 days on market at $737,778 per square foot.
How did Deer Lake compare in December 2023 vs. October 2023?+
Compared to October 2023, overall Deer Lake sales volume was unchanged (1 vs 1 homes sold) and the average sold price was up 101% to $3,688,888.
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