Townhouses Market Report

December 2024 Upper Deer Lake Townhouses Market

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

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Buyer's MarketUpper Deer Lake townhouses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
3
All Types Sold
$1.65M
Avg Sold Price
63d
Avg Days on Market
$581,661
Avg $/sqft

December 2024 Upper Deer Lake Market Snapshot

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

All Types Sold3
Avg Sold Price$1,649,333
Avg Days on Market63 days
Avg Price per ft²$581,661

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 Townhouses

How did the Upper Deer Lake townhouses market perform in December 2024?+
December 2024 townhouses 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 townhouses in Upper Deer Lake?+
Upper Deer Lake townhouses 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 townhouse in Upper Deer Lake?+
Upper Deer Lake townhouses 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 December 2024?+
In December 2024, the Upper Deer Lake real estate market (all property types) recorded 3 sales at an average price of $1,649,333, with properties averaging 63 days on market at $581,661 per square foot.
How did Upper Deer Lake compare in December 2024 vs. November 2024?+
Compared to November 2024, overall Upper Deer Lake sales volume was down 50% (6 vs 3 homes sold) and the average sold price was down 17% to $1,649,333.
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