Neighbourhood Market Report

December 2024 Real Estate Market — Deer Lake

The Deer Lake market recorded 1 sales in December 2024 at an average sold price of $2,670,000. This report covers all property types in Deer Lake.

Seller'sDeer Lake real estate market conditions for December 2024
1
Homes Sold
$2,670,000
Avg Sold Price
11d
Avg Days on Market
$890,000
Avg $/sqft

Deer Lake Market Trend — All Property Types

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
May 20251$1,982,80085d$991,400Seller's
January 20251$3,230,000150d$646,000—
December 20241$2,670,00011d$890,000Seller's
August 20241$2,318,00024d$1,159,000Seller's
July 20241$2,180,00031d$726,667Seller's
May 20242$3,140,00010d$785,000—
April 20244$3,100,75075d$1,038,625Seller's
January 20241$2,818,000233d$563,600Seller's
December 20231$3,688,888166d$737,778Seller's
October 20231$1,838,00036d$612,667Seller's

Deer Lake by Property Type — December 2024

Frequently Asked Questions — Deer Lake

How did the Deer Lake real estate market perform in December 2024?+
In December 2024, 1 homes sold in Deer Lake at an average price of $2,670,000, spending an average of 11 days on the market at $890,000/sqft.
Is it a good time to buy in Deer Lake?+
Deer Lake is currently a seller's. Whether now is the right time depends on your timeline and budget — a knowledgeable local agent can identify current value opportunities and help you structure a competitive offer.
What does the December 2024 market mean for sellers in Deer Lake?+
Deer Lake sellers in December 2024 benefited from tight supply and motivated buyers. Well-priced, well-presented homes attracted strong interest. A local CMA ensures your list price is calibrated to current sold data.
How did Deer Lake compare in December 2024 vs. August 2024?+
Compared to August 2024, Deer Lake sales were unchanged (1 vs 1 sold) and the average sold price was up 15% to $2,670,000.
Recent Deer Lake Reports

What does the December 2024 Deer Lake market mean for you?

Saeed can explain what these numbers mean for your specific situation in Deer Lake.

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