Market›Deer Lake Place
Market Report

Deer Lake Place Real Estate Market

Live MLS® stats and 12-month trends for Deer Lake Place, Burnaby — updated every 5 minutes.

Balanced Market8.0 mo supplyHouses →
Quick Answer
  • 1Deer Lake Place is currently a balanced market.
  • 2The average sold price last month was $2,200,000.
  • 3Home prices are up 12.8% year-over-year.
Avg Sold Price
$2.2M
Homes Sold (30d)
1
Homes For Sale
8
Avg Days on Market
34d
Months of Supply
8.0 mo
Balanced
8 homes for sale in Deer Lake Place
7 houses

Deer Lake Place is currently a balanced market, with an average sold price of $2,200,000 across all property types over the past 30 days. At 8.0 months of supply, buyers in Deer Lake Place have more selection and meaningful negotiating room compared to a typical seller's market. Homes here are selling in an average of 34 days on market. Browse active listings in Deer Lake Place below, or speak with a local Burnaby agent for a personalised market assessment based on your needs.

Browse by month
See full monthly archive →

How Have Prices Trended in Deer Lake Place?

24-month trend · Updated monthly

Month-over-Month Comparison

MetricOct · Last 30 daysJulMar (LY)
Homes Sold1+0.0%11
Avg Sold Price$2.2M+41.9%$1.55M$1.95M
Avg Days on Market34d+183.3%12d13d

Last 30 Days — By Property Type

Sold properties only

Houses:Buyer's Market

What Does Each Home Cost?

By bedrooms & property type · Last 30 days sold

Type1 Bed2 Bed3 Bed4+ Bed
Apartment
$548K
$820/ft²
41 sold
$698K
$752/ft²
63 sold
$889K
$721/ft²
18 sold
$1.12M
$690/ft²
5 sold
Townhouse
$699K
$698/ft²
8 sold
$879K
$672/ft²
31 sold
$1.08M
$645/ft²
44 sold
$1.25M
$612/ft²
14 sold
House—
$1.19M
$580/ft²
6 sold
$1.49M
$558/ft²
22 sold
$2.25M
$498/ft²
18 sold

Studio = 0 bedrooms. 4+ Bed includes all homes with 4 or more bedrooms.

What Does Each Property Type Cost in Deer Lake Place?

TypeAvg Sold PriceSold (30d)ActiveAvg DOMCondition
Houses—07—Buyer's MarketView Houses →

What Did Homes Sell for in Deer Lake Place Recently?

View all sold →

Street addresses only. Click any address to view full details — some information requires sign-in.

Frequently Asked Questions — Deer Lake Place Market

Is Deer Lake Place a buyer's or seller's market right now?+
Deer Lake Place is currently a balanced market. There are 1 home sold in the last 30 days across all property types. The current absorption rate of 8.0 months of supply favours buyers.
What is the average home price in Deer Lake Place?+
The average sold price across all property types in Deer Lake Place is currently $2,200,000, based on sales over the past 30 days. Prices vary by type — condominiums start lower, while detached homes command a premium. Contact a local Burnaby agent for a current, property-specific estimate.
Have home prices come down in Deer Lake Place?+
Overall home prices in Deer Lake Place are up 12.8% compared to the same period last year. This upward trend suggests continued demand in Deer Lake Place — buyers who act sooner may benefit from locking in before further appreciation.
How long do homes stay on the market in Deer Lake Place?+
Homes in Deer Lake Place are currently selling in an average of 34 days on market. In a seller's market, well-priced homes can attract offers within the first week of listing. In a buyer's market, buyers typically have more time to evaluate options.
What does the absorption rate mean for Deer Lake Place?+
Deer Lake Place 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.
What property types are available in Deer Lake Place?+
Deer Lake Place offers a mix of houses. Each type suits different lifestyles — condos and townhouses are popular for lower-maintenance living, while detached homes are sought by families looking for more space and a yard.
How can I get a home evaluation in Deer Lake Place?+
You can request a free, no-obligation home evaluation through a local Burnaby real estate agent. They will research recent comparable sales in Deer Lake Place and provide you with an accurate market valuation — typically within 24 hours.
Explore Deer Lake Place

Why work with Saeed

Real estate expertise you can count on — reach out any time.

Call 778-883-3264or send a message