Upper Deer Lake, Burnaby Condo Market Report – February 2022

Upper Deer Lake is an active condo 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.

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3
Units Sold
$527,000
Avg Sold Price
7d
Avg Days on Market
Strong Seller's Market
Market Condition
7 active at start of month 5 new listings Absorption rate: 42.9% Highest sold: $581,000 Lowest sold: $425,000

How Does February 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2022 (this report) 3 $527,000 7d
January 2022 month prior 1 +200% $443,000 +19% 2d +250%
February 2021 year ago 1 +200% $550,000 -4.2%

3-Year Price Trend — Upper Deer Lake, Burnaby Condo

The Upper Deer Lake, Burnaby condo real estate market was a Strong Seller's Market in February 2022, with 7 active listings at the start of the month, 3 properties sold, an average sold price of $527,000, properties averaging 7 days on market, an absorption rate of 42.9%. All data is sourced from MLS® sold records.

Active Listings in Upper Deer Lake, Burnaby

Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Upper Deer Lake, Burnaby specialist
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Frequently Asked Questions — Upper Deer Lake, Burnaby February 2022

In February 2022, the Upper Deer Lake, Burnaby condo real estate market is classified as a Strong Seller's Market with an absorption rate of 42.9%. It is currently a strong seller's market in Upper Deer Lake, Burnaby, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   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.

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