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.

Buyer's Market9.9 mo supplyHouses →
Quick Answer
  • 1Deer Lake Place is currently a buyer's market.
  • 2Home prices are down 7.7% year-over-year.
Avg Sold Price
N/A
Homes Sold (30d)
0
Homes For Sale
10
Avg Days on Market
N/A
Months of Supply
9.9 mo
Buyer's
10 homes for sale in Deer Lake Place
9 houses

Deer Lake Place is currently a buyer's market. At 9.9 months of supply, buyers in Deer Lake Place have more selection and meaningful negotiating room compared to a typical seller's 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

MetricJul · Last 30 daysJunFeb (LY)
Homes Sold1+0.0%11
Avg Sold Price$1.55M-19.7%$1.93M$1.68M
Avg Days on Market12d-75.0%48d11d

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—09—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 buyer's market. There are 0 homes sold in the last 30 days across all property types. The current absorption rate of 9.9 months of supply favours buyers.
Have home prices come down in Deer Lake Place?+
Overall home prices in Deer Lake Place are down 7.7% compared to the same period last year. This creates an opportunity for buyers to enter the market at a lower price point than a year ago — sellers should price competitively to attract offers.
What does the absorption rate mean for Deer Lake Place?+
Deer Lake Place 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.
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