Deer Lake, Burnaby Luxury Houses for Sale Over $3M
There are currently 6 houses for sale in Deer Lake, Burnaby priced Over $3M. The median asking price is $4,024,500, averaging $1,158/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
Market summary
The houses priced over $3m market in Deer Lake, Burnaby is currently a Balanced Market with a 16.7% sales ratio — 1 homes sold against 6 active listings in the past 30 days. The median asking price is $4,024,500 ($1,158/sqft). Properties are selling within a month on average, averaging 25 days on the market.
Recently Sold
25 sold nearby
↔ Balanced Market
6
Active Listings
1
Sold (30 days)
16.7%
Sales Ratio
Balanced Market
$4.02M
Median Price
$1,158
Avg $/sqft
25
Avg Days
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Frequently Asked Questions — Deer Lake, Burnaby
How many houses priced over $3m are for sale in Deer Lake, Burnaby?
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There are currently 6 houses priced over $3m listed for sale in Deer Lake, Burnaby. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for houses in Deer Lake, Burnaby?
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It is currently a Balanced Market. With a 16.7% sales ratio, supply and demand are roughly balanced — both buyers and sellers have reasonable negotiating positions. See the full Burnaby Houses market report for monthly trends.
What is the median price of houses in Deer Lake, Burnaby?
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The median asking price for houses in Deer Lake, Burnaby is $4,024,500. The average price per sqft is $1,158. See the full Burnaby Houses market report for monthly trends.
How long do houses take to sell in Deer Lake, Burnaby?
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Houses in Deer Lake, Burnaby are averaging 25 days on market before selling. Buyers have a few weeks to view comparables before making an offer.
What qualifies as a luxury houses in Deer Lake, Burnaby?
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In Deer Lake, Burnaby, luxury houses are generally considered to be properties priced above $3 million. These homes typically feature premium finishes, larger lot sizes, high-end appliances, and desirable locations. There are currently 6 luxury houses listed for sale in Deer Lake, Burnaby.
Do luxury houses in Deer Lake, Burnaby negotiate on price?
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The luxury segment in Deer Lake, Burnaby tends to have fewer competing buyers, which can give purchasers more negotiating room compared to the entry-level market. That said, well-priced luxury houses in prime locations still sell quickly. Working with an experienced luxury real estate agent familiar with Deer Lake, Burnaby is essential to getting the best outcome.
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