Market Report›May 2025›Deer Lake
Neighbourhood Market Report

May 2025 Real Estate Market — Deer Lake

The Deer Lake market recorded 1 sales in May 2025 at an average sold price of $1,982,800. This report covers all property types in Deer Lake.

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Seller'sDeer Lake real estate market conditions for May 2025
1
Homes Sold
$1,982,800
Avg Sold Price
85d
Avg Days on Market
$991,400
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 — May 2025

Frequently Asked Questions — Deer Lake

How did the Deer Lake real estate market perform in May 2025?+
In May 2025, 1 homes sold in Deer Lake at an average price of $1,982,800, spending an average of 85 days on the market at $991,400/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 May 2025 market mean for sellers in Deer Lake?+
Deer Lake sellers in May 2025 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 May 2025 vs. January 2025?+
Compared to January 2025, Deer Lake sales were unchanged (1 vs 1 sold) and the average sold price was down 39% to $1,982,800.
Recent Deer Lake Reports

What does the May 2025 Deer Lake market mean for you?

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

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