Upper Deer Lake, Burnaby Market Report – August 2023

Q: How many homes sold in Upper Deer Lake, Burnaby in August 2023?

3 properties sold in Upper Deer Lake, Burnaby during August 2023 based on MLS® records. There were 136 active listings at the start of the month. A total of 5 new listings came to market during the month.

Q: What is the average home price in Upper Deer Lake, Burnaby?

The average sold price in Upper Deer Lake, Burnaby in August 2023 was $1,996,667. Sold prices ranged from $1,688,000 to $2,425,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Upper Deer Lake, Burnaby?

In August 2023, properties in Upper Deer Lake, Burnaby averaged 27 days on the market before selling. With an absorption rate of 2.2%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Upper Deer Lake, Burnaby market changed compared to last year?

The average sold price in Upper Deer Lake, Burnaby in August 2023 was $1,996,667, up 5.5% year-over-year compared to August 2022 ($1,893,000). Sales volume was up 200% compared to the same month last year. Data is sourced from MLS® sold records.

Upper Deer Lake is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Upper Deer Lake based on MLS® data.

← July 2023 Next month →

Units Sold

$1,996,667

Avg Sold Price

27d

Avg Days on Market

Buyer's Market

Market Condition

136 active at start of month 5 new listings Absorption rate: 2.2% Highest sold: $2,425,000 Lowest sold: $1,688,000

How Does August 2023 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
August 2023 (this report)	3	$1,996,667	27d
July 2023 month prior	4 -25%	$2,450,000 -18.5%	13d +107.7%
August 2022 year ago	1 +200%	$1,893,000 +5.5%	—

3-Year Price Trend — Upper Deer Lake, Burnaby

The Upper Deer Lake, Burnaby real estate market was a Buyer's Market in August 2023, with 136 active listings at the start of the month, 3 properties sold, an average sold price of $1,996,667, properties averaging 27 days on market, an absorption rate of 2.2%. All data is sourced from MLS® sold records.

Recently Sold in Upper Deer Lake, Burnaby

5 bd • 4 ba • Townhouse

7370 Burris Street

Sold $3,500,000

8 bd • 8 ba • House

6297 Brantford Avenue

Sold $2,750,000

6 bd • 7 ba • House

Active Listings in Upper Deer Lake, Burnaby

6 bd • 6 ba • Townhouse

6037 Service Street

$2,498,000

6 bd • 6 ba • Townhouse

6982 Burns Court

$1,880,000

5 bd • 4 ba • Townhouse

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Upper Deer Lake, Burnaby specialist

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Related: Upper Deer Lake, Burnaby Archive → Live Market Stats → Burnaby Reports → All BC Reports →

Frequently Asked Questions — Upper Deer Lake, Burnaby August 2023

Is it a good time to buy in Upper Deer Lake, Burnaby? −

In August 2023, the Upper Deer Lake, Burnaby real estate market is classified as a Buyer's Market with an absorption rate of 2.2%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Upper Deer Lake, Burnaby in August 2023? +

What is the average home price in Upper Deer Lake, Burnaby? +

How long are homes sitting on the market in Upper Deer Lake, Burnaby? +

How has the Upper Deer Lake, Burnaby market changed compared to last year? +

Last Update: 06/04/2026 Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.