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.
