Question 1

Is Deep Cove a buyer's or seller's market right now?

Accepted Answer

Deep Cove is currently a seller's market with 2.4 months of inventory (MOI). There are 12 active listings and approximately 4 sales in the last 30 days, indicating low inventory favouring sellers. A MOI below 4 indicates a seller's market, 4–6 is balanced, and above 6 is a buyer's market.

Question 2

What is the median home price in Deep Cove?

Accepted Answer

The current median home price in Deep Cove is $1.90M. This is up 28.3% compared to the same period last year. This is based on 83 sales over the past 12 months.

Question 3

How should I price my home in Deep Cove?

Accepted Answer

Homes in Deep Cove are currently selling at 96.0% of their list price, with an average of 45 days on market. Homes are selling below asking price, typical of a buyer's market. Pricing competitively from the start is important to avoid extended time on market. Of recent sales, 7% sold above list price and 82% sold below.

Question 4

How long do homes take to sell in Deep Cove?

Accepted Answer

Homes in Deep Cove currently take an average of 45 days to sell, which is at a slower pace, giving buyers more time to negotiate. Pricing, condition, and location all affect individual sale timelines.

Question 5

What is the price per square foot in Deep Cove?

Accepted Answer

The median price per square foot in Deep Cove is $736. This metric is useful for comparing value across different property sizes and types.

Question 6

Are homes in Deep Cove selling above or below assessed value?

Accepted Answer

Homes in Deep Cove are selling at an average of 103.0% of their BC Assessment value (based on 13 recent sales). Homes are selling above their BC Assessment values, indicating the assessed values have not kept pace with market demand.

Question 7

How many homes are selling in Deep Cove?

Accepted Answer

In the last 30 days, 4 homes sold in Deep Cove. Over the past 12 months, 83 properties have sold. There are currently 12 active listings on the market.

Question 8

Are real estate sales increasing or decreasing in Deep Cove?

Accepted Answer

Sales volume in Deep Cove has been increasing over the last 3 months: Apr 2026 (2 sales), May 2026 (9 sales), Jun 2026 (4 sales). Over the full 12-month period, there were 83 total sales.

Question 9

How many homes, condos, and townhomes are for sale in Deep Cove?

Accepted Answer

There are currently 12 properties for sale in Deep Cove, including 12 single family homes. Listings are updated daily from the MLS® system.

Question 10

What is the single family home market like in Deep Cove?

Accepted Answer

The median single family home price in Deep Cove is $1.90M (+28.9% year-over-year). The single family market is currently a seller's market with 2.4 months of inventory. Houses take an average of 46 days to sell. The median price per square foot is $740.

Question 11

What homes have recently sold in Deep Cove and for how much?

Accepted Answer

There have been 83 homes sold in Deep Cove over the past 12 months, with 4 selling in the last 30 days. The median sold price is $1.90M. Recent median sold prices: Apr 2026: $3.88M, May 2026: $2.23M, Jun 2026: $2.11M. View all recently sold properties in Deep Cove with photos, sold prices, and days on market on the 8X Real Estate Deep Cove page.

Question 12

What houses have recently sold in Deep Cove?

Accepted Answer

82 houses have sold in Deep Cove over the past 12 months, with 4 selling in the last 30 days. The median sold price for houses is $1.90M (+28.9% year-over-year). Recent median prices: Apr 2026: $3.88M, May 2026: $2.23M, Jun 2026: $2.11M.

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