Condos Market Report

November 2024 Upper Deer Lake Condos Market

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

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Buyer's MarketUpper Deer Lake condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.
6
All Types Sold
$1.99M
Avg Sold Price
64d
Avg Days on Market
$1,001,111
Avg $/sqft

November 2024 Upper Deer Lake Market Snapshot

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

All Types Sold6
Avg Sold Price$1,990,833
Avg Days on Market64 days
Avg Price per ft²$1,001,111

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 Condos

How did the Upper Deer Lake condos market perform in November 2024?+
November 2024 condos 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 condos in Upper Deer Lake?+
Upper Deer Lake condos 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 condo in Upper Deer Lake?+
Upper Deer Lake condos 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 November 2024?+
In November 2024, the Upper Deer Lake real estate market (all property types) recorded 6 sales at an average price of $1,990,833, with properties averaging 64 days on market at $1,001,111 per square foot.
How did Upper Deer Lake compare in November 2024 vs. October 2024?+
Compared to October 2024, overall Upper Deer Lake sales volume was up 20% (5 vs 6 homes sold) and the average sold price was down 8% to $1,990,833.
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