Townhouses Market Report

March 2024 Upper Deer Lake Townhouses Market

Townhouses market data for Upper Deer Lake, Burnaby — March 2024. Average sold price $1,936,667, 3 sold in 30 days, 41 avg days on market.

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Buyer's MarketUpper Deer Lake townhouses is currently a buyer's market. 11.5% sales-to-active listings ratio — homes selling in an average of 41 days, at an average sold price of $1,936,667 — well-priced properties are attracting strong demand.
3
Townhouses Sold (30d)
$1.94M
Avg Sold Price
41d
Avg Days on Market
26
Homes For Sale

Current Upper Deer Lake Townhouses Stats

Live MLS® data updated every 5 minutes. Most recent 30-day rolling window.

Townhouses Sold (30d)3
Avg Sold Price$1,936,667
Homes For Sale26
Avg Days on Market41 days
Months of Supply8.7 mo

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
October 20261$1,680,0003d$1,680,000—
September 20263$2,160,00053d$810,556—
August 20262$2,048,50044d$1,266,167Seller's
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

Frequently Asked Questions — Upper Deer Lake Townhouses

How did the Upper Deer Lake townhouses market perform in March 2024?+
The Upper Deer Lake townhouses market currently shows 3 units sold in the last 30 days at an average price of $1,936,667, with an average of 41 days on market. Buyers have more choice and negotiating leverage. This data reflects the most recent 30-day MLS® activity.
What is the average price of a townhouse in Upper Deer Lake?+
The average sold price for a townhouse in Upper Deer Lake is currently $1,936,667, based on MLS® sales over the past 30 days. Prices vary by size, floor, age, and condition. Contact a local agent for a property-specific valuation.
How long do townhouses take to sell in Upper Deer Lake?+
Townhouses in Upper Deer Lake are currently selling in an average of 41 days on market. Well-priced properties in good condition tend to sell faster — sometimes within days of listing. Properties at higher price points may take longer.
What is the absorption rate for townhouses in Upper Deer Lake?+
Upper Deer Lake townhouses has a sales-to-active listings ratio (SALR) of 11.5%, 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 townhouse in Upper Deer Lake?+
Upper Deer Lake townhouses are currently in a buyer's market. The average price is $1,936,667. 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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