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Market Report

Upper Deer Lake Real Estate Market

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

Balanced Market7.7 mo supplyCondos →Townhouses →Houses →
Quick Answer
  • 1Upper Deer Lake is currently a balanced market.
  • 2The average sold price last month was $2,038,667.
  • 3Home prices are up 3.7% year-over-year.
Avg Sold Price
$2.04M
Homes Sold (30d)
3
Homes For Sale
23
Avg Days on Market
4d
Months of Supply
7.7 mo
Balanced
23 homes for sale in Upper Deer Lake
1 condos · 2 townhouses · 13 houses

Upper Deer Lake is currently a balanced market, with an average sold price of $2,038,667 across all property types over the past 30 days. At 7.7 months of supply, buyers in Upper Deer Lake have more selection and meaningful negotiating room compared to a typical seller's market. Upper Deer Lake offers a mix of property types including condos, townhouses, houses — condos and townhouses are popular for lower-maintenance living, while detached homes attract families seeking more space and a private yard. Homes here are selling in an average of 4 days on market. Browse active listings in Upper Deer Lake below, or speak with a local Burnaby agent for a personalised market assessment based on your needs.

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How Have Prices Trended in Upper Deer Lake?

24-month trend · Updated monthly

Month-over-Month Comparison

MetricOct · Last 30 daysSepAug (LY)
Homes Sold4+33.3%35
Avg Sold Price$1.95M-9.6%$2.16M$1.88M
Avg Days on Market3d-94.3%53d32d

Last 30 Days — By Property Type

Sold properties only

Condos:Buyer's Market
Townhouses:Buyer's Market
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 Upper Deer Lake?

TypeAvg Sold PriceSold (30d)ActiveAvg DOMCondition
Condos—01—Buyer's MarketView Condos →
Townhouses—02—Buyer's MarketView Townhouses →
Houses$2.22M2135dBalanced MarketView Houses →

What Did Homes Sell for in Upper Deer Lake Recently?

View all sold →

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

Frequently Asked Questions — Upper Deer Lake Market

Is Upper Deer Lake a buyer's or seller's market right now?+
Upper Deer Lake is currently a balanced market. There are 3 homes sold in the last 30 days across all property types. The current absorption rate of 7.7 months of supply favours buyers.
What is the average home price in Upper Deer Lake?+
The average sold price across all property types in Upper Deer Lake is currently $2,038,667, 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 Upper Deer Lake?+
Overall home prices in Upper Deer Lake are up 3.7% compared to the same period last year, with detached houses averaging $2,218,000. This upward trend suggests continued demand in Upper Deer Lake — buyers who act sooner may benefit from locking in before further appreciation.
How long do homes stay on the market in Upper Deer Lake?+
Homes in Upper Deer Lake are currently selling in an average of 4 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 Upper Deer Lake?+
Upper Deer Lake has a sales-to-active listings ratio (SALR) of 13.0%, 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 Upper Deer Lake?+
Upper Deer Lake offers a mix of condos, townhouses, 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 Upper Deer Lake?+
You can request a free, no-obligation home evaluation through a local Burnaby real estate agent. They will research recent comparable sales in Upper Deer Lake and provide you with an accurate market valuation — typically within 24 hours.
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