Duplexes Market Report

March 2024 Upper Deer Lake Duplexes Market

Duplexes market data for Upper Deer Lake, Burnaby — covering sales volume, pricing, and days on market for March 2024.

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Buyer's MarketUpper Deer Lake duplexes is currently a buyer's market, with 10.1% sales-to-active listings ratio.
2
All Types Sold
$2.57M
Avg Sold Price
61d
Avg Days on Market
$747,500
Avg $/sqft

March 2024 Upper Deer Lake Market Snapshot

All property types — historical MLS® data for Upper Deer Lake in March 2024.

All Types Sold2
Avg Sold Price$2,570,000
Avg Days on Market61 days
Avg Price per ft²$747,500

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 March 2024?+
March 2024 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 March 2024?+
In March 2024, the Upper Deer Lake real estate market (all property types) recorded 2 sales at an average price of $2,570,000, with properties averaging 61 days on market at $747,500 per square foot.
How did Upper Deer Lake compare in March 2024 vs. February 2024?+
Compared to February 2024, overall Upper Deer Lake sales volume was down 33% (3 vs 2 homes sold) and the average sold price was up 18% to $2,570,000.
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