Duplexes Market Report

September 2024 Upper Deer Lake Duplexes Market

Duplexes market data for Upper Deer Lake, Burnaby — covering sales volume, pricing, and days on market for September 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.
6
All Types Sold
$2.12M
Avg Sold Price
32d
Avg Days on Market
$1,089,938
Avg $/sqft

September 2024 Upper Deer Lake Market Snapshot

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

All Types Sold6
Avg Sold Price$2,115,648
Avg Days on Market32 days
Avg Price per ft²$1,089,938

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 September 2024?+
September 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 September 2024?+
In September 2024, the Upper Deer Lake real estate market (all property types) recorded 6 sales at an average price of $2,115,648, with properties averaging 32 days on market at $1,089,938 per square foot.
How did Upper Deer Lake compare in September 2024 vs. August 2024?+
Compared to August 2024, overall Upper Deer Lake sales volume was up 100% (3 vs 6 homes sold) and the average sold price was down 20% to $2,115,648.
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