Condos Market Report

December 2024 Deer Lake Place Condos Market

Condos market data for Deer Lake Place, Burnaby — December 2024. Average sold price $2,200,000, 1 sold in 30 days, 34 avg days on market.

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Balanced MarketDeer Lake Place condos is currently a balanced market. 12.5% sales-to-active listings ratio — homes selling in an average of 34 days, at an average sold price of $2,200,000 — well-priced properties are attracting strong demand.
1
Condos Sold (30d)
$2.2M
Avg Sold Price
34d
Avg Days on Market
8
Homes For Sale

Current Deer Lake Place Condos Stats

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

Condos Sold (30d)1
Avg Sold Price$2,200,000
Homes For Sale8
Avg Days on Market34 days
Months of Supply8.0 mo

December 2024 Deer Lake Place Market Snapshot

All property types — historical MLS® data for Deer Lake Place in December 2024.

All Types Sold1
Avg Sold Price$1,890,000
Avg Days on Market30 days
Avg Price per ft²$945,000

Deer Lake Place Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
October 20261$2,200,00034d$733,333—
July 20261$1,550,00012d$516,667—
June 20261$1,930,00048d$643,333—
May 20262$1,832,5009d$767,083Seller's
April 20261$1,750,00051d$583,333—
March 20261$1,780,0002d$593,333Seller's

Frequently Asked Questions — Deer Lake Place Condos

How did the Deer Lake Place condos market perform in December 2024?+
The Deer Lake Place condos market currently shows 1 units sold in the last 30 days at an average price of $2,200,000, with an average of 34 days on market. Conditions are balanced. This data reflects the most recent 30-day MLS® activity.
What is the average price of a condo in Deer Lake Place?+
The average sold price for a condo in Deer Lake Place is currently $2,200,000, 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 condos take to sell in Deer Lake Place?+
Condos in Deer Lake Place are currently selling in an average of 34 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 condos in Deer Lake Place?+
Deer Lake Place condos has a sales-to-active listings ratio (SALR) of 12.5%, sitting in balanced market territory (12–20%). Neither buyers nor sellers hold a strong advantage — homes are selling at a measured pace and sale prices tend to land close to the asking price.
Is it a good time to buy a condo in Deer Lake Place?+
Deer Lake Place condos are currently in a balanced market. The average price is $2,200,000. 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 Deer Lake Place market perform in December 2024?+
In December 2024, the Deer Lake Place real estate market (all property types) recorded 1 sales at an average price of $1,890,000, with properties averaging 30 days on market at $945,000 per square foot.
How did Deer Lake Place compare in December 2024 vs. September 2024?+
Compared to September 2024, overall Deer Lake Place sales volume was down 50% (2 vs 1 homes sold) and the average sold price was down 25% to $1,890,000.
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