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.

CategoriesReal Estate Stats

Metro Vancouver Market update – November 2020

According to the Real Estate Board of Greater Vancouver report (REBGV), there were a total of 2389 listings and home sales in the area totaled 1618 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 $1,104,600. This shows a 6.3% change over a yearly period and a 0.3% increase compared to the previous month.

Vancouver Market Stats – Novermber 2020

In November there were 834 sales out of a total 1277 residential properties listed in Vancouver. The sales-to-active listings ratio is 76.1% for detached homes, 64% for townhomes, and 61.4% for condominiums bringing the average residential property to 65.3% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $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 – Novermber 2020

In November there were 261 sales out of a total 333 residential properties listed in North Vancouver. The sales-to-active listings ratio is 91.3% for detached homes, 59.1% for townhomes, and 78% for condominiums bringing the average residential property to 78.4% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,671,500, a 0.4% increase from the previous month and a 11.6% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 10.1% compared to the year before, reaching a benchmark price of $1,031,400

The HPI Benchmark price of a condominium sits at $585,300; a -0.6% decrease compared to last month and a 7.3% increase from the same time last year.

West Vancouver Market Stats – Novermber 2020

In November there were 88 sales out of a total 109 residential properties listed in West Vancouver. The sales-to-active listings ratio is 84.9% for detached homes, 0% for townhomes, and 83.3% for condominiums bringing the average residential property to 80.7% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $2,741,500, a -0.1% decrease from the previous month and a 7.7% 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 $1,092,100; a -0.2% decrease compared to last month and a -0.1% decrease from the same time last year.

Richmond Market Stats – Novermber 2020

In November 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 $1,580,100, a -0.1% decrease from the previous month and a 6% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 7.8% compared to the year before, reaching a benchmark price of $821,500

The HPI Benchmark price of a condominium sits at $651,900; a -0.7% decrease compared to last month and a 3.9% increase from the same time last year.

Delta South Market Stats – Novermber 2020

In November there were 102 sales out of a total 151 residential properties listed in Delta South. The sales-to-active listings ratio is 65.9% for detached homes, 87.1% for townhomes, and 53.1% for condominiums bringing the average residential property to 67.5% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,114,600, a 1.6% increase from the previous month and a 13.8% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 1.8% compared to the year before, reaching a benchmark price of $629,350

The HPI Benchmark price of a condominium sits at $525,100; a -1.9% decrease compared to last month and a 1.9% increase from the same time last year.

CategoriesReal Estate Stats

Greater Vancouver Market Update – November 2020

According to the Real Estate Board of Greater Vancouver report (REBGV), there were a total of 1471 listings and home sales in the area totaled 1140 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 $813,333. This shows a 7% change over a yearly period and a 0.3% increase compared to the previous month.

Burnaby Market Stats – Novermber 2020

In November there were 373 sales out of a total 482 residential properties listed in Burnaby. The sales-to-active listings ratio is 92.5% for detached homes, 91.1% for townhomes, and 67.5% for condominiums bringing the average residential property to 77.4% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1460,533, a 0.7% increase from the previous month and a 8.8% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 5.7% compared to the year before, reaching a benchmark price of $748,033

The HPI Benchmark price of a condominium sits at $667,300; a 0% increase compared to last month and a 2.1% increase from the same time last year.

New Westminster Market Stats – Novermber 2020

In November there were 144 sales out of a total 164 residential properties listed in New Westminster. The sales-to-active listings ratio is 171.4% for detached homes, 117.4% for townhomes, and 67.5% for condominiums bringing the average residential property to 87.8% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,139,300, a 1.1% increase from the previous month and a 11.3% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 5.6% compared to the year before, reaching a benchmark price of $755,700

The HPI Benchmark price of a condominium sits at $528,600; a -0.6% decrease compared to last month and a 4.1% increase from the same time last year.

Coquitlam Market Stats – Novermber 2020

In November there were 259 sales out of a total 367 residential properties listed in Coquitlam. The sales-to-active listings ratio is 76.7% for detached homes, 79.7% for townhomes, and 62.4% for condominiums bringing the average residential property to 70.6% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,272,900, a 0.9% increase from the previous month and a 10.2% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 9% compared to the year before, reaching a benchmark price of $702,000

The HPI Benchmark price of a condominium sits at $531,400; a -0.6% decrease compared to last month and a 2.5% increase from the same time last year.

Port Coquitlam Market Stats – Novermber 2020

In November there were 90 sales out of a total 130 residential properties listed in Port Coquitlam. The sales-to-active listings ratio is 82.9% for detached homes, 80.8% for townhomes, and 58% for condominiums bringing the average residential property to 69.2% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,039,300, a 0.5% increase from the previous month and a 11.6% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 5.8% compared to the year before, reaching a benchmark price of $654,000

The HPI Benchmark price of a condominium sits at $466,900; a 0.1% increase compared to last month and a 4.2% increase from the same time last year.

Port Moody Market Stats – Novermber 2020

In November there were 61 sales out of a total 87 residential properties listed in Port Moody. The sales-to-active listings ratio is 75% for detached homes, 73.7% for townhomes, and 65% for condominiums bringing the average residential property to 70.1% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,544,300, a 1.9% increase from the previous month and a 10.7% 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 $650,700

The HPI Benchmark price of a condominium sits at $656,300; a 1.3% increase compared to last month and a 5.4% increase from the same time last year.

Maple Ridge Market Stats – Novermber 2020

In November there were 213 sales out of a total 241 residential properties listed in Maple Ridge. The sales-to-active listings ratio is 89.8% for detached homes, 90.8% for townhomes, and 81.6% for condominiums bringing the average residential property to 88.4% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $897,900, a 1.5% increase from the previous month and a 11.8% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 5.5% compared to the year before, reaching a benchmark price of $558,500

The HPI Benchmark price of a condominium sits at $367,200; a -0.5% decrease compared to last month and a 5.7% increase from the same time last year.

CategoriesReal Estate Stats

Metro Vancouver Market update – October 2020

According to the Real Estate Board of Greater Vancouver report (REBGV), there were a total of 3286 listings and home sales in the area totaled 1864 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 $1,025,000. This shows a 6.3% change over a yearly period and a 0.9% increase compared to the previous month.

Vancouver Market Stats – October 2020

In October there were 937 sales out of a total 1873 residential properties listed in Vancouver. The sales-to-active listings ratio is 60.9% for detached homes, 54% for townhomes, and 45.3% for condominiums bringing the average residential property to 50% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,185,250, a 0.8% increase from the previous month and a 7.5% 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 $1,030,200

The HPI Benchmark price of a condominium sits at $686,050; a -0.6% decrease compared to last month and a 3.8% increase from the same time last year.

North Vancouver Market Stats – October 2020

In October there were 332 sales out of a total 442 residential properties listed in North Vancouver. The sales-to-active listings ratio is 87.1% for detached homes, 92.5% for townhomes, and 62.3% for condominiums bringing the average residential property to 75.1% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,665,100, a 1.1% increase from the previous month and a 13.6% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 9.6% compared to the year before, reaching a benchmark price of $1,026,400

The HPI Benchmark price of a condominium sits at $588,900; a 0.5% increase compared to last month and a 6.3% increase from the same time last year.

West Vancouver Market Stats – October 2020

In October there were 97 sales out of a total 204 residential properties listed in West Vancouver. The sales-to-active listings ratio is 49.2% for detached homes, 0% for townhomes, and 37.9% for condominiums bringing the average residential property to 47.5% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $2,743,600, a 2.1% increase from the previous month and a 8.7% 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 $1,094,600; a 3.2% increase compared to last month and a 4.4% increase from the same time last year.

Richmond Market Stats – October 2020

In October there were 380 sales out of a total 619 residential properties listed in Richmond. The sales-to-active listings ratio is 59.4% for detached homes, 72% for townhomes, and 58% for condominiums bringing the average residential property to 61.4% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1,581,600, a 1.1% increase from the previous month and a 5.3% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 5.8% compared to the year before, reaching a benchmark price of $817,600

The HPI Benchmark price of a condominium sits at $656,600; a 0.2% increase compared to last month and a 5% increase from the same time last year.

Delta South Market Stats – October 2020

In October there were 118 sales out of a total 148 residential properties listed in Delta South. The sales-to-active listings ratio is 85.2% for detached homes, 64.3% for townhomes, and 78.1% 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 $1,097,650, a 1.6% increase from the previous month and a 12.3% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 0.4% compared to the year before, reaching a benchmark price of $568,050

The HPI Benchmark price of a condominium sits at $534,750; a -2.8% decrease compared to last month and a 2.3% increase from the same time last year.

CategoriesReal Estate Stats

Metro Vancouver Market update – September 2020

According to the Real Estate Board of Greater Vancouver report (REBGV), there were a total of 3805 listings and home sales in the area totaled 1936 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 $1093800. This shows a 5.6% change over a yearly period and a 1.2% increase compared to the previous month.

Vancouver Market Stats – September 2020

In September there were 978 sales out of a total 2159 residential properties listed in Vancouver. The sales-to-active listings ratio is 54.9% for detached homes, 44.5% for townhomes, and 42% for condominiums bringing the average residential property to 45.3% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $2291850, a -0.1% decrease from the previous month and a 7% 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 $1045150

The HPI Benchmark price of a condominium sits at $689550; a -1.5% decrease compared to last month and a 4.8% increase from the same time last year.

North Vancouver Market Stats – September 2020

In September there were 321 sales out of a total 582 residential properties listed in North Vancouver. The sales-to-active listings ratio is 65.5% for detached homes, 52.7% for townhomes, and 48.6% for condominiums bringing the average residential property to 55.2% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1647300, a 2% increase from the previous month and a 12.6% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 5.7% compared to the year before, reaching a benchmark price of $1014900

The HPI Benchmark price of a condominium sits at $586300; a 0.5% increase compared to last month and a 7.3% increase from the same time last year.

West Vancouver Market Stats – September 2020

In September there were 97 sales out of a total 204 residential properties listed in West Vancouver. The sales-to-active listings ratio is 49.2% for detached homes, 0% for townhomes, and 37.9% for condominiums bringing the average residential property to 47.5% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $2687400, a 3.6% increase from the previous month and a 6.6% 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 $1060600; a 5.9% increase compared to last month and a 3.9% increase from the same time last year.

Richmond Market Stats – September 2020

In September there were 410 sales out of a total 690 residential properties listed in Richmond. The sales-to-active listings ratio is 48.3% for detached homes, 73.8% for townhomes, and 61.6% for condominiums bringing the average residential property to 59.4% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1564600, a 1.2% increase from the previous month and a 5.9% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 4.6% compared to the year before, reaching a benchmark price of $805400

The HPI Benchmark price of a condominium sits at $654900; a -0.5% decrease compared to last month and a 4.4% increase from the same time last year.

Delta South Market Stats – September 2020

In September there were 130 sales out of a total 170 residential properties listed in Delta South. The sales-to-active listings ratio is 78.4% for detached homes, 100% for townhomes, and 60.4% for condominiums bringing the average residential property to 76.5% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1081000, a 0.9% increase from the previous month and a 8.2% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 0.4% compared to the year before, reaching a benchmark price of $627000

The HPI Benchmark price of a condominium sits at $550200; a 2.3% increase compared to last month and a 5.3% increase from the same time last year.

CategoriesReal Estate Stats

Greater Vancouver Market Update – September 2020

According to the Real Estate Board of Greater Vancouver report (REBGV), there were a total of 2277 listings and home sales in the area totaled 1380 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 $801833.333333333. This shows a 5.8% change over a yearly period and a 0.6% increase compared to the previous month.

Burnaby Market Stats – September 2020

In September there were 403 sales out of a total 754 residential properties listed in Burnaby. The sales-to-active listings ratio is 64.7% for detached homes, 53.6% for townhomes, and 49.4% for condominiums bringing the average residential property to 53.4% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1452000, a 1.5% increase from the previous month and a 10% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 3.7% compared to the year before, reaching a benchmark price of $736100

The HPI Benchmark price of a condominium sits at $668200; a 0.6% increase compared to last month and a 2.3% increase from the same time last year.

New Westminster Market Stats – September 2020

In September there were 171 sales out of a total 311 residential properties listed in New Westminster. The sales-to-active listings ratio is 51.8% for detached homes, 90% for townhomes, and 49.3% for condominiums bringing the average residential property to 55% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1115200, a 1.5% increase from the previous month and a 8.7% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 6.1% compared to the year before, reaching a benchmark price of $758200

The HPI Benchmark price of a condominium sits at $531100; a 0.5% increase compared to last month and a 3.9% increase from the same time last year.

Coquitlam Market Stats – September 2020

In September there were 306 sales out of a total 505 residential properties listed in Coquitlam. The sales-to-active listings ratio is 69.4% for detached homes, 64.2% for townhomes, and 51.2% for condominiums bringing the average residential property to 60.6% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1240900, a 0.9% increase from the previous month and a 7.2% 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 $696300

The HPI Benchmark price of a condominium sits at $531700; a 0.5% increase compared to last month and a 2.6% increase from the same time last year.

Port Coquitlam Market Stats – September 2020

In September there were 113 sales out of a total 191 residential properties listed in Port Coquitlam. The sales-to-active listings ratio is 83.6% for detached homes, 55.8% for townhomes, and 45.2% for condominiums bringing the average residential property to 59.2% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1017900, a 2.5% increase from the previous month and a 12% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 6.1% compared to the year before, reaching a benchmark price of $661200

The HPI Benchmark price of a condominium sits at $470200; a 1.6% increase compared to last month and a 8.4% increase from the same time last year.

Port Moody Market Stats – September 2020

In September there were 88 sales out of a total 160 residential properties listed in Port Moody. The sales-to-active listings ratio is 43.1% for detached homes, 76.2% for townhomes, and 50.7% for condominiums bringing the average residential property to 55% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1484800, a 1.2% increase from the previous month and a 5.5% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 2.4% compared to the year before, reaching a benchmark price of $649800

The HPI Benchmark price of a condominium sits at $641200; a 1.1% increase compared to last month and a 2.3% increase from the same time last year.

Maple Ridge Market Stats – September 2020

In September there were 299 sales out of a total 356 residential properties listed in Maple Ridge. The sales-to-active listings ratio is 91.1% for detached homes, 90.6% for townhomes, and 60% for condominiums bringing the average residential property to 84% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $868000, a 1.3% increase from the previous month and a 7.4% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 5.8% compared to the year before, reaching a benchmark price of $552900

The HPI Benchmark price of a condominium sits at $358000; a -1.2% decrease compared to last month and a 2.7% increase from the same time last year.

CategoriesReal Estate Stats

Fraser Valley Market Update – September 2020

According to the Real Estate Board of Greater Vancouver report (REBGV), there were a total of 4743 listings and home sales in the area totaled 1657 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 $721850. This shows a 6% change over a yearly period and a 1% increase compared to the previous month.

Surrey Market Stats – September 2020

In September there were 799 sales out of a total 2301 residential properties listed in Surrey. The sales-to-active listings ratio is 38% for detached homes, 39.3% for townhomes, and 25.7% for condominiums bringing the average residential property to 34.7% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1049833.33333333, a 2.7% increase from the previous month and a 5.3% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 4.7% compared to the year before, reaching a benchmark price of $587833.333333333

The HPI Benchmark price of a condominium sits at $440133.333333333; a 0.3% increase compared to last month and a 6% increase from the same time last year.

Delta North Market Stats – September 2020

In September there were 77 sales out of a total 226 residential properties listed in Delta North. The sales-to-active listings ratio is 39.5% for detached homes, 32.1% for townhomes, and 19.6% for condominiums bringing the average residential property to 34.1% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $946800, a 1.2% increase from the previous month and a 8.1% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 8.1% compared to the year before, reaching a benchmark price of $564500

The HPI Benchmark price of a condominium sits at $394000; a 1.8% increase compared to last month and a 7.7% increase from the same time last year.

White Rock Market Stats – September 2020

In September there were 303 sales out of a total 1122 residential properties listed in White Rock. The sales-to-active listings ratio is 21.4% for detached homes, 38.2% for townhomes, and 29.9% for condominiums bringing the average residential property to 27% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $1415800, a 1.5% increase from the previous month and a 8.3% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 5.8% compared to the year before, reaching a benchmark price of $675700

The HPI Benchmark price of a condominium sits at $487200; a -0.4% decrease compared to last month and a -0.8% decrease from the same time last year.

Langley Market Stats – September 2020

In September there were 145 sales out of a total 269 residential properties listed in Langley. The sales-to-active listings ratio is 53.9% for detached homes, 51.6% for townhomes, and 25.9% 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 $1078100, a 1.1% increase from the previous month and a 9.8% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 4.2% compared to the year before, reaching a benchmark price of $576200

The HPI Benchmark price of a condominium sits at $404100; a 0.8% increase compared to last month and a 7% increase from the same time last year.

Mission Market Stats – September 2020

In September there were 104 sales out of a total 189 residential properties listed in Mission. The sales-to-active listings ratio is 62.5% for detached homes, 34.6% for townhomes, and 37% for condominiums bringing the average residential property to 55% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $711700, a 2.1% increase from the previous month and a 11.6% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 5% compared to the year before, reaching a benchmark price of $470000

The HPI Benchmark price of a condominium sits at $352000; a 0.7% increase compared to last month and a 1.1% increase from the same time last year.

Abbotsford Market Stats – September 2020

In September there were 306 sales out of a total 862 residential properties listed in Abbotsford. The sales-to-active listings ratio is 36% for detached homes, 51.2% for townhomes, and 26.8% for condominiums bringing the average residential property to 35.5% determining a Seller’s Market for the month.

Breaking it down to the property types, the HPI Benchmark Price for a detached home is $868300, a 2.2% increase from the previous month and a 9.7% increase from the same time last year.

For townhomes, the HPI Benchmark price rose 3.1% compared to the year before, reaching a benchmark price of $468500

The HPI Benchmark price of a condominium sits at $324500; a -0.2% decrease compared to last month and a 3.9% increase from the same time last year.

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