Buyer's Market · avg house price $2,909,999 · 1 houses sold (30d) · 15 days on market
Buyers currently have more choice in Deer Lake, Burnaby's detached home market, with homes taking longer to sell. In the past 30 days, 1 houses and detached homes sold across Deer Lake, Burnaby at an average sold price of $2,909,999. Properties are selling in an average of 15 days on the market. The absorption rate is 7.7% — meaning 7.7% of the active house inventory sells each month. Average house prices in Deer Lake, Burnaby are up 2.6% compared to the 90-day average of $2,836,668. If you're considering buying a house in Deer Lake, Burnaby, you have more time to negotiate — though well-priced single-family homes still attract attention.
12-month average house sold price
Deer Lake is a Buyer's Market for detached homes and houses (absorption rate: 7.7%, 1 sold vs 13 active listings in the last 30 days).