CategoriesReal Estate Stats

Metro Vancouver Market Stats – January 2021

According to the Real Estate Board of Greater Vancouver report (REBGV), there were a total of 2538 listings and home sales in the area totaled 1291 showing a Seller’s Market within the Metro Vancouver.

For all residential properties in Metro Vancouver the average Multiple Listing Service® (MLS®) Home Price Index (HPI) benchmark price is $1,124,600. This shows a 6.5% change over a yearly period and a 1% increase compared to the previous month.

Vancouver Market Stats – January 2021

In January there were 648 sales out of a total 1387 residential properties listed in Vancouver. The sales-to-active listings ratio is 55.8% for detached homes, 40.6% for townhomes, and 44.9% for condominiums bringing the average residential property to 46.7% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $2,327,850, a 0.9% increase from the previous month and a 8.3% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 4% compared to the year before, reaching a benchmark price of $1,025,900

The HPI Benchmark price of a condominium sits at $675,100; a -1.4% decrease compared to last month and a 4.3% increase from the same time last year.

North Vancouver Market Stats – January 2021

In January there were 192 sales out of a total 303 residential properties listed in North Vancouver. The sales-to-active listings ratio is 51.7% for detached homes, 61.2% for townhomes, and 71.1% for condominiums bringing the average residential property to 63.4% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,722,300, a 1.2% increase from the previous month and a 12% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 7.6% compared to the year before, reaching a benchmark price of $1,020,700

The HPI Benchmark price of a condominium sits at $591,400; a 1% increase compared to last month and a 5.9% increase from the same time last year.

West Vancouver Market Stats – January 2021

In January there were 45 sales out of a total 189 residential properties listed in West Vancouver. The sales-to-active listings ratio is 21.2% for detached homes, 0% for townhomes, and 28.9% for condominiums bringing the average residential property to 23.8% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $2,906,700, a 4.1% increase from the previous month and a 13.3% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 0% compared to the year before, reaching a benchmark price of $0

The HPI Benchmark price of a condominium sits at $1,072,900; a -2.1% decrease compared to last month and a 7.7% increase from the same time last year.

Richmond Market Stats – January 2021

In January there were 333 sales out of a total 519 residential properties listed in Richmond. The sales-to-active listings ratio is 67.2% for detached homes, 80.7% for townhomes, and 56.3% for condominiums bringing the average residential property to 64.2% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,599,200, a 0.9% increase from the previous month and a 6.4% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 6.8% compared to the year before, reaching a benchmark price of $823,700

The HPI Benchmark price of a condominium sits at $663,300; a 1.6% increase compared to last month and a 4.5% increase from the same time last year.

Delta South Market Stats – January 2021

In January there were 73 sales out of a total 140 residential properties listed in Delta South. The sales-to-active listings ratio is 66.2% for detached homes, 37% for townhomes, and 40% for condominiums bringing the average residential property to 52.1% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,153,600, a 1.6% increase from the previous month and a 14.7% increase from the same time last year.

For townhomes, the HPI Benchmark price dropped -0.9% compared to the year before, reaching a benchmark price of $622,400

The HPI Benchmark price of a condominium sits at $525,050; a -1.2% decrease compared to last month and a -1.5% decrease from the same time last year.

CategoriesReal Estate Stats

Greater Vancouver Market Stats – January 2021

According to the Real Estate Board of Greater Vancouver report (REBGV), there were a total of 1573 listings and home sales in the area totaled 977 showing a Seller’s Market within the Greater Vancouver.

For all residential properties in Greater Vancouver the average Multiple Listing Service® (MLS®) Home Price Index (HPI) benchmark price is $828,834. This shows a 7.4% change over a yearly period and a 1% increase compared to the previous month.

Burnaby Market Stats – January 2021

In January there were 310 sales out of a total 539 residential properties listed in Burnaby. The sales-to-active listings ratio is 54.4% for detached homes, 74.4% for townhomes, and 54.7% for condominiums bringing the average residential property to 57.5% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,487,867, a 0.8% increase from the previous month and a 6.4% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 5.2% compared to the year before, reaching a benchmark price of $750,933

The HPI Benchmark price of a condominium sits at $669,237; a -0.3% decrease compared to last month and a 1.2% increase from the same time last year.

New Westminster Market Stats – January 2021

In January there were 101 sales out of a total 212 residential properties listed in New Westminster. The sales-to-active listings ratio is 84% for detached homes, 50% for townhomes, and 41.5% for condominiums bringing the average residential property to 47.6% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,170,900, a 2.1% increase from the previous month and a 12.2% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 3.6% compared to the year before, reaching a benchmark price of $747,500

The HPI Benchmark price of a condominium sits at $526,700; a 0.6% increase compared to last month and a 3.3% increase from the same time last year.

Coquitlam Market Stats – January 2021

In January there were 220 sales out of a total 328 residential properties listed in Coquitlam. The sales-to-active listings ratio is 66.7% for detached homes, 58.5% for townhomes, and 71.1% for condominiums bringing the average residential property to 67.1% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,321,100, a 2.3% increase from the previous month and a 12.9% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 6.9% compared to the year before, reaching a benchmark price of $711,000

The HPI Benchmark price of a condominium sits at $533,200; a 0.6% increase compared to last month and a 2.2% increase from the same time last year.

Port Coquitlam Market Stats – January 2021

In January there were 88 sales out of a total 156 residential properties listed in Port Coquitlam. The sales-to-active listings ratio is 66% for detached homes, 62.1% for townhomes, and 48.1% for condominiums bringing the average residential property to 56.4% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,094,800, a 3.8% increase from the previous month and a 15.4% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 6.4% compared to the year before, reaching a benchmark price of $660,900

The HPI Benchmark price of a condominium sits at $467,900; a -0.3% decrease compared to last month and a 3.9% increase from the same time last year.

Port Moody Market Stats – January 2021

In January there were 46 sales out of a total 72 residential properties listed in Port Moody. The sales-to-active listings ratio is 45% for detached homes, 60% for townhomes, and 75.7% for condominiums bringing the average residential property to 63.9% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,602,300, a 2.1% increase from the previous month and a 14.5% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 3.9% compared to the year before, reaching a benchmark price of $651,900

The HPI Benchmark price of a condominium sits at $659,200; a 0.4% increase compared to last month and a 2.9% increase from the same time last year.

Maple Ridge Market Stats – January 2021

In January there were 212 sales out of a total 266 residential properties listed in Maple Ridge. The sales-to-active listings ratio is 76% for detached homes, 86.1% for townhomes, and 79% for condominiums bringing the average residential property to 79.7% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $930,900, a 2.8% increase from the previous month and a 15% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 7.6% compared to the year before, reaching a benchmark price of $561,800

The HPI Benchmark price of a condominium sits at $373,500; a 1.2% increase compared to last month and a 9.1% increase from the same time last year.

CategoriesReal Estate Stats

Fraser Valley Market Stats – January 2021

According to the Fraser Valley Real Estate Board report (FVREB), there were a total of 2802 listings and home sales in the area totaled 1368 showing a Seller’s Market within the Fraser Valley.

For all residential properties in Fraser Valley the average Multiple Listing Service® (MLS®) Home Price Index (HPI) benchmark price is $746,183. This shows a 9.5% change over a yearly period and a 1.6% increase compared to the previous month.

Surrey Market Stats – January 2021

In January there were 640 sales out of a total 1,255 residential properties listed in Surrey. The sales-to-active listings ratio is 62.5% for detached homes, 63.5% for townhomes, and 31.7% for condominiums bringing the average residential property to 51% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,126,100, a 2.3% increase from the previous month and a 14.4% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 7.9% compared to the year before, reaching a benchmark price of $600,267

The HPI Benchmark price of a condominium sits at $441,100; a 0.4% increase compared to last month and a 4.4% increase from the same time last year.

Delta North Market Stats – January 2021

In January there were 66 sales out of a total 124 residential properties listed in Delta North. The sales-to-active listings ratio is 64% for detached homes, 92.3% for townhomes, and 16.7% for condominiums bringing the average residential property to 53.2% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,010,900, a 1.9% increase from the previous month and a 10.3% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 2.2% compared to the year before, reaching a benchmark price of $576,600

The HPI Benchmark price of a condominium sits at $388,300; a 2.9% increase compared to last month and a 4.8% increase from the same time last year.

White Rock Market Stats – January 2021

In January there were 315 sales out of a total 763 residential properties listed in White Rock. The sales-to-active listings ratio is 37.3% for detached homes, 64.9% for townhomes, and 33.2% for condominiums bringing the average residential property to 41.3% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,476,500, a 1.8% increase from the previous month and a 13.5% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 10.5% compared to the year before, reaching a benchmark price of $681500

The HPI Benchmark price of a condominium sits at $510,000; a -0.9% decrease compared to last month and a 7.1% increase from the same time last year.

Langley Market Stats – January 2021

In January there were 145 sales out of a total 269 residential properties listed in Langley. The sales-to-active listings ratio is 50.7% for detached homes, 64.9% for townhomes, and 33.2% for condominiums bringing the average residential property to 53.9% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,163,100, a 2.3% increase from the previous month and a 16.8% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 6.8% compared to the year before, reaching a benchmark price of $593,200

The HPI Benchmark price of a condominium sits at $406,100; a 1.4% increase compared to last month and a 5.2% increase from the same time last year.

Mission Market Stats – January 2021

In January there were 53 sales out of a total 84 residential properties listed in Mission. The sales-to-active listings ratio is 60.3% for detached homes, 62.5% for townhomes, and 87.5% for condominiums bringing the average residential property to 63.1% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $795,300, a 3.8% increase from the previous month and a 21.9% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 8.2% compared to the year before, reaching a benchmark price of $482,700

The HPI Benchmark price of a condominium sits at $377,700; a 5% increase compared to last month and a 9.4% increase from the same time last year.

Abbotsford Market Stats – January 2021

In January there were 215 sales out of a total 431 residential properties listed in Abbotsford. The sales-to-active listings ratio is 74.5% for detached homes, 55.8% for townhomes, and 26.2% for condominiums bringing the average residential property to 49.9% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $927,000, a 3.4% increase from the previous month and a 16.1% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 7.2% compared to the year before, reaching a benchmark price of $476,300

The HPI Benchmark price of a condominium sits at $327,300; a 0.6% increase compared to last month and a 4.9% increase from the same time last year.

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