REBGV Stats Package, September 2014 - Burnaby Condo
News Release FOR IMMEDIATE RELEASE:
Home sales activity picks up the pace in September VANCOUVER, B.C. – October 2, 2014 – Home buyers were active in Metro Vancouver last month, with home sales well exceeding the 10-year average for September. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,922 on the Multiple Listing Service® (MLS®) in September 2014. This represents a 17.7 per cent increase compared to the 2,483 sales in September 2013, and a 5.4 per cent increase over the 2,771 sales in August 2014. Last month’s sales were 16.1 per cent above the 10-year sales average for the month and rank as the third highest selling September over that period. “September was an active period for our housing market when we compare it against typical activity for the month,” Ray Harris, REBGV president said. New listings for detached, attached and apartment properties in Metro Vancouver* totalled 5,259 in September. This represents a 4.6 per cent increase compared to the 5,030 new listings in September 2013 and a 33.5 per cent increase from the 3,940 new listings in August. Last month’s new listing total was 0.4 per cent above the region’s 10-year new listing average for the month. The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 14,832, an 8 per cent decline compared to September 2013 and a 0.4 per cent increase compared to August 2014. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $633,500. This represents a 5.3 per cent increase compared to September 2013. “Gains in home values are being led by the detached home market. Condominium and townhome properties are not experiencing the same pressure on prices at the moment,” Harris said. “Individual trends can vary depending on different factors in different areas, so it’s important to do your homework and work with your REALTOR® when you’re looking to determine the market value of a home.”
Sales of detached properties in September 2014 reached 1,270, an increase of 24.1 per cent from the 1,023 detached sales recorded in September 2013, and a 113.8 per cent increase from the 594 units sold in September 2012. The benchmark price for detached properties increased 7.3 per cent from September 2013 to $990,300. Sales of apartment properties reached 1,188 in September 2014, an increase of 16.7 per cent compared to the 1,018 sales in September 2013, and a 75.7 per cent increase compared to the 676 sales in September 2012. The benchmark price of an apartment property increased 3.3 per cent from September 2013 to $378,700. Attached property sales in September 2014 totalled 464, a 5 per cent increase compared to the 442 sales in September 2013, and an 88.6 per cent increase over the 246 attached properties sold in September 2012. The benchmark price of an attached unit increased 4.2 per cent between September 2013 and 2014 to $477,700. -30* Areas covered by Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta. The real estate industry is a key economic driver in British Columbia. In 2013, 28,524 homes changed ownership in the Board’s area, generating $1.84 billion in economic spin-off activity and 13,977 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $22 billion in 2013. The Real Estate Board of Greater Vancouver is an association representing more than 11,000 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit www.rebgv.org.
For more information please contact: Craig Munn, Assistant Manager of Communications Real Estate Board of Greater Vancouver Phone: (604) 730-3146 [email protected] www.rebgv.org| Facebook|Twitter To unsubscribe to the Real Estate Board of Greater Vancouver’s news release distribution, please email [email protected] .
September 2014
*
Benchmark Price
Price Index
Residential / Composite Lower Mainland Greater Vancouver Bowen Island Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Sunshine Coast Tsawwassen Vancouver East Vancouver West West Vancouver Whistler
$564,600 $633,500 $588,600 $593,100 $540,300 $596,600 $532,900 $553,600 $394,400 $378,200 $682,800 $396,500 $412,900 $543,800 $593,400 $424,900 $354,800 $616,600 $654,900 $859,300 $1,696,200 $484,400
159.4 166.1 127.6 163.7 161.4 168.2 157.6 154.0 133.3 162.3 154.5 143.6 146.6 150.2 172.3 137.2 124.3 155.4 191.6 181.1 182.1 115.4
0.1% 0.3% -0.1% 0.7% -0.1% 0.1% 0.5% 0.9% 0.5% 0.3% 0.3% 1.5% 0.0% 0.1% -0.1% 1.3% -1.3% 1.0% 0.9% 0.3% 0.1% 2.9%
0.6% 0.9% 0.3% 0.1% -1.0% 0.8% 1.9% 1.2% 0.8% 0.4% 1.0% 0.3% 1.8% 1.6% 0.8% 3.4% -0.4% 1.5% 1.1% 1.1% -0.9% 7.0%
2.3% 3.0% 3.9% 2.7% 2.6% 3.3% 3.7% 2.7% 3.1% 2.1% 4.0% 0.3% 3.1% 3.6% 1.8% 10.6% 4.2% 2.6% 3.6% 2.8% 4.2% 14.4%
4.1% 5.3% 2.0% 5.3% 3.5% 4.0% 7.1% 4.1% 1.7% 2.9% 5.0% 2.3% 5.3% 6.3% 4.3% 10.4% 3.5% 4.6% 7.9% 6.3% 7.6% 11.8%
3.4% 3.7% -2.5% 7.3% 3.6% 2.8% 7.4% 1.3% 0.1% 2.2% 8.6% 4.1% 2.4% 9.7% 0.5% 9.1% -6.5% 2.4% 9.6% 5.0% 11.4% -3.4%
15.0% 17.7% -2.6% 17.2% 15.8% 19.5% 17.3% 14.2% 3.3% 13.5% 15.2% 7.5% 7.2% 13.3% 19.0% 8.0% -4.8% 14.9% 27.9% 22.6% 38.3% -7.2%
Single Family Detached
$801,900 $990,300 $588,600 $781,700 $976,700 $1,028,200 $763,700 $647,700 $479,600 $690,500 $1,027,600 $522,800 $587,100 $899,200 $999,700 $534,200 $353,400 $753,800 $948,700 $2,299,900 $2,015,500 $941,300
170.4 183.0 127.6 174.8 188.5 197.1 169.2 156.3 136.3 171.3 164.0 145.9 156.8 166.6 201.3 144.3 123.8 162.3 209.5 236.3 191.9 130.3
0.4% 0.6% -0.1% 0.9% -0.2% 0.7% 0.6% 1.6% 0.6% 1.1% 0.7% 0.2% 0.7% -0.2% 0.5% -1.0% -1.2% 1.3% 1.3% 0.8% -0.2% -2.0%
0.9% 1.4% 0.3% -0.6% -2.0% 1.3% 2.0% 2.2% 1.5% -0.4% 1.7% 1.8% 2.6% 0.4% 2.1% 0.5% -0.2% 1.9% 3.3% 1.9% -1.8% -2.0%
3.5% 4.8% 3.9% 2.7% 3.8% 4.3% 5.0% 3.2% 4.9% 3.1% 6.4% 5.0% 5.0% 2.7% 4.8% 7.0% 4.4% 2.1% 7.0% 5.7% 4.2% 4.8%
5.8% 7.3% 2.0% 4.7% 3.7% 6.0% 8.3% 4.1% 3.9% 4.1% 7.8% 2.4% 7.1% 6.0% 7.0% 9.5% 3.7% 5.5% 11.6% 10.1% 8.9% 7.2%
5.7% 5.4% -2.5% 8.7% 7.4% 6.7% 10.9% 3.2% 3.4% 4.6% 12.5% 5.9% 7.1% 11.2% -0.6% 9.4% -6.9% 5.8% 15.2% 3.0% 13.5% 5.2%
25.4% 31.0% -2.6% 25.3% 33.2% 41.2% 26.2% 18.0% 7.5% 23.1% 24.0% 9.3% 16.7% 25.0% 35.7% 12.3% -5.1% 21.6% 44.5% 51.1% 44.4% 3.1%
Property Type
Area
Lower Mainland Greater Vancouver Bowen Island Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Sunshine Coast Tsawwassen Vancouver East Vancouver West West Vancouver Whistler
1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Change % Change % Change % Change % Change % Change %
HOW TO READ THE TABLE: • Benchmark Price: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market. • Price Index: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales. • x Month/Year Change %: Percentage change of index over a period of x month(s)/year(s)
*
In January 2005, the indexes are set to 100. Townhome properties are similar to Attached properties, a category that was used in the previous MLSLink HPI, but do not included duplexes. The above info is deemed reliable, but is not guaranteed. All dollar amounts in CDN.
* MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association
1 of 11
September 2014
*
Property Type
Area
Benchmark Price
Price Index
1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Change % Change % Change % Change % Change % Change %
Townhouse
Lower Mainland Greater Vancouver Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Tsawwassen Vancouver East Vancouver West Whistler
$401,100 $477,700 $427,700 $413,800 $423,100 $392,800 $459,300 $271,500 $412,400 $610,800 $329,300 $379,600 $420,500 $515,700 $374,200 $466,100 $544,800 $755,100 $501,600
145.6 155.0 153.4 154.3 151.8 144.3 152.2 131.9 154.9 146.2 142.5 144.5 142.1 166.7 135.8 144.1 179.6 170.8 135.1
0.5% 0.6% 0.2% 1.4% 0.1% 0.8% -0.5% -0.4% 0.0% 1.0% 0.9% -1.4% -0.3% 0.8% 1.0% 0.4% 0.3% 1.5% 1.2%
1.0% 1.4% 0.9% -0.6% -0.7% 1.0% -0.5% 0.1% 0.8% 0.9% 2.2% 2.0% 1.1% 1.5% 4.7% 1.0% 2.3% 0.9% 6.1%
2.5% 3.8% 1.9% 2.7% 3.4% 2.1% -0.7% 0.9% 2.9% 2.6% -0.6% 4.0% 3.9% 0.2% 15.2% 0.6% 8.0% 7.8% 16.8%
2.8% 4.2% 2.5% 3.3% 2.6% 4.0% 5.1% -1.0% 4.7% 5.5% 4.2% 3.6% 5.0% 3.6% 12.1% 5.9% 4.1% 7.3% 10.6%
-0.3% 1.3% 3.7% -3.3% -1.1% 0.8% 0.0% -4.7% 4.5% 5.9% -0.8% 1.9% 1.1% -0.3% 8.0% -7.5% 6.2% 10.8% 11.1%
8.0% 12.8% 11.9% 11.6% 9.8% 8.8% 10.1% -0.2% 14.8% 10.0% 8.1% 6.0% 6.4% 18.8% 6.2% 4.3% 19.5% 22.5% 14.0%
Apartment
Lower Mainland Greater Vancouver Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Tsawwassen Vancouver East Vancouver West West Vancouver Whistler
$343,300 $378,700 $416,000 $347,100 $390,300 $260,500 $309,500 $164,700 $279,700 $352,900 $240,300 $226,900 $342,200 $348,600 $254,600 $322,800 $314,300 $494,600 $644,000 $231,400
150.6 153.1 157.9 146.7 156.7 143.4 146.7 120.1 159.9 143.3 142.0 134.5 142.6 147.8 122.5 135.8 173.4 160.1 140.7 83.1
-0.3% -0.1% 1.4% -0.5% -0.3% 0.3% -1.0% 1.4% 0.1% -0.5% 3.0% 0.4% 0.6% -1.6% 12.2% -0.4% 0.3% -0.2% 1.6% 13.2%
0.0% 0.2% 1.4% -0.7% 0.8% 2.1% -1.4% -3.0% 0.7% 0.1% -2.1% 0.7% 3.1% -1.5% 18.1% -0.8% -2.1% 0.7% 5.6% 22.9%
0.6% 0.8% 2.8% 1.7% 2.5% 2.0% 5.0% -4.1% 1.5% 0.7% -3.7% -0.6% 3.9% -0.8% 22.4% 4.4% -1.4% 0.8% 6.8% 27.3%
2.1% 3.3% 11.1% 3.7% 2.7% 5.6% 3.2% -6.4% 2.1% 0.7% 1.1% 4.4% 6.9% 1.3% 12.7% 1.1% 4.7% 4.1% 1.2% 25.9%
1.4% 2.1% 14.3% 3.4% 0.2% 3.2% -3.9% -10.0% 1.0% 3.0% 8.4% -3.6% 13.7% 1.6% 13.2% -6.7% 4.3% 4.9% 1.0% -8.7%
4.8% 6.6% 6.8% 5.8% 10.2% 5.8% 5.0% -11.6% 10.1% 5.1% 4.5% -4.0% 8.4% 2.1% -0.6% -2.8% 10.8% 9.7% 10.7% -35.5%
HOW TO READ THE TABLE: • Benchmark Price: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market. • Price Index: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales. • x Month/Year Change %: Percentage change of index over a period of x month(s)/year(s) In January 2005, the indexes are set to 100.
*
Townhome properties are similar to attached properties, a category that was used in the previous MLSLink HPI, but do not included duplexes. Lower Mainland includes areas serviced by both Real Estate Board of Greater Vancouver & Fraser Valley Real Estate Board. The above info is deemed reliable, but is not guaranteed. All dollar amounts in CDN. * MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association
2 of 11
Sep 2014 Jul 2014 May 2014 Mar 2014 Jan 2014 Nov 2013 Sep 2013 Apartment
Jul 2013 May 2013 Mar 2013 Jan 2013
Townhouse
Sep 2012 Jul 2012 May 2012 Mar 2012
Detached
Jan 2012 Nov 2011 Sep 2011 Jul 2011
Residential
May 2011 Mar 2011 Jan 2011 Nov 2010 Sep 2010 Jul 2010 May 2010 Mar 2010 Jan 2010 Nov 2009 60
80
100
120 Price Index
140
160
180
Sep 2009 200
Jan 2005 HPI = 100
C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif
Greater Vancouver 5 Year Trend
Nov 2012
Median Selling Price
Number of Sales
Median Selling Price
Number of Sales
Median Selling Price
Number of Sales
Median Selling Price
Number of Sales
Median Selling Price
$480,400
$365,000
Attached
Apartment
594
Attached
$912,250
736
Detached
Detached
$372,500
Apartment
1,281
$515,000
Apartment
$998,000
591
Attached
Attached
899
Detached
Detached
$367,900
Apartment
1,365
$500,400
Apartment
$930,000
Attached
66
Attached
Detached
85
Detached
158
$366,600
Apartment
Apartment
$535,000
64
Attached
$1,049,000
110
Detached
Attached
$387,250
Apartment
Detached
$480,000
Attached
167
$965,000
Detached
Apartment
156
57
Attached
Apartment
103
Detached
Coquit lam $289,900
$437,000
$710,000
548
345
854
$294,944
$479,000
$772,000
598
392
1,047
$309,000
$428,000
$749,000
61
35
82
$300,000
$449,900
$820,000
73
43
111
$320,500
$497,300
$811,500
74
38
126
Delta South $325,000
$415,000
$664,000
98
53
345
$332,500
$438,500
$696,500
137
62
478
n/a
n/a
$680,000
10
7
27
n/a
n/a
$753,000
17
6
57
n/a
n/a
$676,757
16
10
57
Islands - Gulf n/a
n/a
$447,500
0
0
25
n/a
n/a
$377,000
0
0
38
n/a
n/a
n/a
0
0
6
n/a
n/a
n/a
0
0
8
n/a
n/a
n/a
0
0
5
$210,000
$299,500
$480,000
212
285
854
$216,275
$302,000
$491,000
275
362
1,039
$268,400
$293,000
$483,800
27
39
91
$202,250
$312,900
$504,000
22
42
103
$215,000
$283,000
$486,275
35
30 67
8
30
$288,900
$430,000
$685,000
565
98
219
$308,000
$429,000
$701,050
609
74
272
$310,000
n/a
$664,000
60
10
25
$307,000
n/a
$721,500
69
5
29
$310,390
n/a
$679,500
Maple R id g e/Pitt M eadow s 123
$370,000
$625,000
$955,000
555
272
849
$380,000
$662,000
$1,075,000
680
291
1,006
$360,000
$649,250
$964,000
57
28
78
$400,000
$699,000
$1,080,000
77
21
99
$385,000
$632,000
$1,100,000
81
23
92
North Vanco uver
Note: Median Selling Prices are not reported for areas with less than 20 sales or for the Gulf Islands
Year-to-date
Jan. Sep. 2013
Year-to-date
Jan. Sep. 2014
September 2013
August 2014
September 2014
Number of Sales
September 2014 Port C oquitla m $227,500
$366,900
$543,000
198
230
301
$241,000
$390,000
$570,000
269
258
378
$218,500
$352,700
$549,000
21
20
31
$240,550
$394,000
$585,000
29
32
44
$230,000
$408,500
$575,000
32
23
32
$336,000
$425,900
$786,000
195
141
190
$358,000
$435,000
$865,500
225
182
229
$333,500
$445,000
n/a
26
20
18
n/a
n/a
$862,750
18
15
22
$378,000
n/a
$795,000
31
14 119
114
152
$338,800
$505,000
$930,000
1,064
694
1,001
$351,500
$537,100
$1,024,000
1,119
834
1,291
$342,500
$540,000
$952,000
122
69
127
$349,000
$551,000
$1,155,000
121
110
132
$365,900
$555,000
$1,070,000
Port M oody/B elcarra 43
Richm ond
2014
$214,750
$362,887
$515,000
36
87
138
$215,000
$360,000
$538,500
79
126
213
n/a
n/a
$528,250
5
7
26
n/a
n/a
$530,000
10
16
22
n/a
$360,000
$554,800
11
21
25
Squam ish
21
$294,000
$239,000
$385,000
36
33
365
$250,000
$239,950
$375,000
52
33
441
n/a
n/a
$388,000
3
5
41
n/a
n/a
$344,000
9
7
54
n/a
n/a
$386,250
2
2
65
Sunsh ine Co ast
9
y
Burnab
er New W estmin st
Vanco uver E ast $340,000
$619,000
$875,750
828
341
1,096
$348,000
$655,000
$960,000
1,075
383
1,369
$330,500
$639,500
$910,000
90
42
147
$355,000
$699,900
$954,800
108
32
154
$350,000
$601,800
$1,001,500
91
35
145
Vanco uver W est $472,000
$850,000
$2,149,766
2,937
479
1,231
$490,000
$873,000
$2,336,000
3,362
504
1,412
$455,450
$938,000
$2,194,000
344
55
154
$477,900
$890,000
$2,400,000
369
58
126
$505,000
$920,000
$2,320,000
417
55
171
$720,000
$1,200,000
$1,880,000
121
67
560
$719,500
$1,154,000
$2,100,000
139
60
641
n/a
n/a
$2,195,000
14
7
71
n/a
n/a
$1,928,750
13
5
72
$680,000
n/a
$2,142,500
21
9
80
35
25
21
$230,500
$545,000
$936,250
146
169
117
$254,800
$587,500
$1,085,000
199
215
124
$207,500
$714,500
n/a
20
32
14
$260,250
$620,000
n/a
24
31
15
$290,000
$614,000
$980,000
Sound Wes t V a n couve r/Howe
MLS® SALES Facts
Whistl er/Pem berton n/a
8,820
3,888
8,881
n/a
10,183
4,367
10,877
n/a
1,018
442
1,023
n/a
1,126
487
1,158
n/a
1,188
464
1,270
% Sales to Listings
Number of Listings
% Sales to Listings
Number of Listings
% Sales to Listings
Number of Listings
% Sales to Listings
Number of Listings
% Sales to Listings
40%
55%
51%
Apartment
1,071
Attached
Attached
1,829
Detached
Detached
55%
Apartment
2,517
59%
Apartment
50%
1,002
Attached
Attached
1,808
Detached
Detached
61%
Apartment
2,487
59%
Apartment
40%
Attached
111
Attached
Detached
211
Detached
259
68%
Apartment
Apartment
76%
84
Attached
81%
136
Detached
Attached
50%
Apartment
Detached
47%
Attached
246
49%
Detached
Apartment
315
122
Attached
Apartment
209
Detached
Coquit lam 44%
51%
51%
1,245
673
1,665
50%
67%
65%
1,204
581
1,622
49%
70%
52%
125
50
159
83%
77%
80%
88
56
138
52%
52%
82%
143
73
153
Delta South 43%
43%
51%
226
122
671
61%
67%
65%
225
92
735
50%
50%
54%
20
14
50
85%
100%
110%
20
6
52
64%
100%
79%
25
10
72
Islands - Gulf n/a
0%
22%
0
1
116
n/a
0%
29%
0
2
129
n/a
n/a
150%
0
0
4
n/a
n/a
57%
0
0
14
n/a
n/a
63%
0
0
8
39%
46%
47%
546
613
1,805
52%
60%
57%
525
605
1,831
33%
67%
51%
82
58
178
55%
91%
61%
40
46
168
74%
50%
60%
47
60
206
Maple R id g e/Pitt M eadow s 48%
60%
51%
1,173
164
428
47%
56%
64%
1,302
131
422
47%
50%
52%
128
20
48
66%
50%
145%
104
10
20
42%
67%
55%
161
12
55
* Year-to-date listings represent a cumulative total of listings rather than total active listings.
Year-to-date*
Jan. Sep. 2013
Year-to-date*
Jan. Sep. 2014
September 2013
August 2014
September 2014
Number of Listings
September 2014
North Vanco uver 41%
54%
52%
1,364
502
1,620
44%
59%
64%
1,547
492
1,572
34%
44%
39%
166
64
202
66%
75%
96%
116
28
103
44%
34%
51%
185
67
181
Port C oquitla m 40%
59%
56%
496
390
539
43%
66%
76%
625
390
499
39%
87%
53%
54
23
59
63%
86%
86%
46
37
51
40%
64%
74%
80
36
43
Port M oody/B elcarra 48%
52%
47%
404
271
403
63%
77%
61%
358
236
373
62%
87%
43%
42
23
42
62%
136%
61%
29
11
36
76%
52%
98%
41
27
44
Richm ond 49%
54%
41%
2,191
1,285
2,450
43%
61%
52%
2,606
1,372
2,504
53%
46%
48%
232
149
265
45%
81%
65%
266
136
204
38%
70%
63%
310
163
242
30%
53%
40%
119
163
346
64%
72%
63%
123
174
338
42%
100%
76%
12
7
34
50%
76%
96%
20
21
23
85%
131%
76%
13
16
33
Squam ish
2014
47%
33%
37%
76
101
993
45%
38%
43%
115
87
1,034
60%
45%
55%
5
11
75
90%
88%
66%
10
8
82
100%
33%
77%
2
6
84
Sunsh ine Co ast
21
48%
51%
53%
1,723
665
2,086
54%
61%
65%
1,993
623
2,121
38%
42%
63%
235
99
232
64%
89%
71%
168
36
216
36%
42%
68%
253
84
214
Vanco uver E ast
9
y
Burnab
er New W estmin st
Vanco uver W est 50%
50%
46%
5,844
966
2,689
54%
51%
50%
6,211
988
2,809
49%
46%
46%
706
120
335
68%
73%
60%
540
80
210
57%
45%
56%
738
121
307
Sound 41%
47%
37%
294
143
1,494
46%
50%
44%
299
121
1,468
36%
41%
39%
39
17
184
45%
45%
71%
29
11
101
70%
53%
47%
30
17
170
Wes t V a n couve r/Howe
MLS® LISTINGS Facts
54%
65%
44%
268
259
267
60%
71%
48%
333
304
257
105%
84%
58%
19
38
24
83%
94%
47%
29
33
32
90%
93%
140%
39
27
15
Whistl er/Pem berton n/a
18,486
7,389
19,401
n/a
19,953
7,200
19,522
n/a
2,124
804
2,102
n/a
1,751
603
1,586
n/a
2,382
841
2,036
Listing & Sales Activity Summary Listings
Sales
1 Sep 2013
2 Aug 2014
3 Sep 2014
5 Sep 2013
6 Aug 2014
7 Sep 2014
211 111 259
136 84 246
209 122 315
53.7 45.2 28.0
85 66 158
110 64 167
103 57 156
-6.4 -10.9 -6.6
311 194 496
326 200 477
4.8 3.1 -3.8
159 50 125
138 56 88
153 73 143
10.9 30.4 62.5
82 35 61
111 43 73
126 38 74
13.5 -11.6 1.4
300 116 188
358 126 231
19.3 8.6 22.9
50 14 20
52 6 20
72 10 25
38.5 66.7 25.0
27 7 10
57 6 17
57 10 16
0.0 66.7 -5.9
115 24 37
177 21 51
53.9 -12.5 37.8
178 58 82
168 46 40
206 60 47
22.6 30.4 17.5
91 39 27
103 42 22
123 30 35
19.4 -28.6 59.1
314 102 83
384 117 84
22.3 14.7 1.2
202 64 166
103 28 116
181 67 185
75.7 139.3 59.5
78 28 57
99 21 77
92 23 81
-7.1 9.5 5.2
271 93 198
303 81 233
11.8 -12.9 17.7
48 20 128
20 10 104
55 12 161
175.0 20.0 54.8
25 10 60
29 5 69
30 8 67
3.4 60.0 -2.9
82 30 205
91 17 212
11.0 -43.3 3.4
42 23 42
36 11 29
44 27 41
22.2 145.5 41.4
18 20 26
22 15 18
43 14 31
95.5 -6.7 72.2
70 53 71
93 50 75
32.9 -5.7 5.6
59 23 54
51 37 46
43 36 80
-15.7 -2.7 73.9
31 20 21
44 32 29
32 23 32
-27.3 -28.1 10.3
123 75 78
121 77 97
-1.6 2.7 24.4
265 149 232
204 136 266
242 163 310
18.6 19.9 16.5
127 69 122
132 110 121
152 114 119
15.2 3.6 -1.7
409 257 396
443 321 390
8.3 24.9 -1.5
75 11 5
82 8 10
84 6 2
2.4 -25.0 -80.0
41 5 3
54 7 9
65 2 2
20.4 -71.4 -77.8
139 13 11
174 9 14
25.2 -30.8 27.3
34 7 12
23 21 20
33 16 13
43.5 -23.8 -35.0
26 7 5
22 16 10
25 21 11
13.6 31.3 10.0
51 21 14
77 56 32
51.0 166.7 128.6
232 99 235
216 36 168
214 84 253
-0.9 133.3 50.6
147 42 90
154 32 108
145 35 91
-5.8 9.4 -15.7
437 137 308
469 117 336
7.3 -14.6 9.1
335 120 706
210 80 540
307 121 738
46.2 51.3 36.7
154 55 344
126 58 369
171 55 417
35.7 -5.2 13.0
417 160 1063
440 181 1169
5.5 13.1 10.0
24 38 19
32 33 29
15 27 39
-53.1 -18.2 34.5
14 32 20
15 31 24
21 25 35
40.0 -19.4 45.8
50 67 56
56 86 74
12.0 28.4 32.1
184 17 39
101 11 29
170 17 30
68.3 54.5 3.4
71 7 14
72 5 13
80 9 21
11.1 80.0 61.5
225 31 42
221 19 51
-1.8 -38.7 21.4
2098 804 2124
1572 603 1751
2028 841 2382
29.0 39.5 36.0
1017 442 1018
1150 487 1126
1265 464 1188
10.0 -4.7 5.5
3314 1373 3246
3733 1478 3526
12.6 7.6 8.6
BURNABY DETACHED ATTACHED APARTMENTS
Col. 2 & 3 Percentage Variance
%
Col. 6 & 7 Percentage Variance
9 Jul 2013 Sep 2013
10 Jul 2014 Sep 2014
%
Col. 9 & 10 Percentage Variance
%
COQUITLAM DETACHED ATTACHED APARTMENTS
DELTA DETACHED ATTACHED APARTMENTS
MAPLE RIDGE/PITT MEADOWS DETACHED ATTACHED APARTMENTS
NORTH VANCOUVER DETACHED ATTACHED APARTMENTS
NEW WESTMINSTER DETACHED ATTACHED APARTMENTS
PORT MOODY/BELCARRA DETACHED ATTACHED APARTMENTS
PORT COQUITLAM DETACHED ATTACHED APARTMENTS
RICHMOND DETACHED ATTACHED APARTMENTS
SUNSHINE COAST DETACHED ATTACHED APARTMENTS
SQUAMISH DETACHED ATTACHED APARTMENTS
VANCOUVER EAST DETACHED ATTACHED APARTMENTS
VANCOUVER WEST DETACHED ATTACHED APARTMENTS
WHISTLER/PEMBERTON DETACHED ATTACHED APARTMENTS
WEST VANCOUVER/HOWE SOUND DETACHED ATTACHED APARTMENTS
GRAND TOTALS DETACHED ATTACHED APARTMENTS
0
200
400
600
800
1000
1200
1400
1600
DETACHED
CONDOMINIUM
ATTACHED
APARTMENTS
$476,891
$593,035
$1,263,129
NOTE: From 1977 - 1984 condominium averages were not separated into attached & apartment.
1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
IN THOUSANDS ($)
Residential Average Sale Prices - January 1977 to September 2014
Home sales activity picks up the pace in September VANCOUVER, B.C. – October 2, 2014 – Home buyers were active in Metro Vancouver last month, with home sales well exceeding the 10-year average for September. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,922 on the Multiple Listing Service® (MLS®) in September 2014. This represents a 17.7 per cent increase compared to the 2,483 sales in September 2013, and a 5.4 per cent increase over the 2,771 sales in August 2014. Last month’s sales were 16.1 per cent above the 10-year sales average for the month and rank as the third highest selling September over that period. “September was an active period for our housing market when we compare it against typical activity for the month,” Ray Harris, REBGV president said. New listings for detached, attached and apartment properties in Metro Vancouver* totalled 5,259 in September. This represents a 4.6 per cent increase compared to the 5,030 new listings in September 2013 and a 33.5 per cent increase from the 3,940 new listings in August. Last month’s new listing total was 0.4 per cent above the region’s 10-year new listing average for the month. The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 14,832, an 8 per cent decline compared to September 2013 and a 0.4 per cent increase compared to August 2014. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $633,500. This represents a 5.3 per cent increase compared to September 2013. “Gains in home values are being led by the detached home market. Condominium and townhome properties are not experiencing the same pressure on prices at the moment,” Harris said. “Individual trends can vary depending on different factors in different areas, so it’s important to do your homework and work with your REALTOR® when you’re looking to determine the market value of a home.”
Sales of detached properties in September 2014 reached 1,270, an increase of 24.1 per cent from the 1,023 detached sales recorded in September 2013, and a 113.8 per cent increase from the 594 units sold in September 2012. The benchmark price for detached properties increased 7.3 per cent from September 2013 to $990,300. Sales of apartment properties reached 1,188 in September 2014, an increase of 16.7 per cent compared to the 1,018 sales in September 2013, and a 75.7 per cent increase compared to the 676 sales in September 2012. The benchmark price of an apartment property increased 3.3 per cent from September 2013 to $378,700. Attached property sales in September 2014 totalled 464, a 5 per cent increase compared to the 442 sales in September 2013, and an 88.6 per cent increase over the 246 attached properties sold in September 2012. The benchmark price of an attached unit increased 4.2 per cent between September 2013 and 2014 to $477,700. -30* Areas covered by Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta. The real estate industry is a key economic driver in British Columbia. In 2013, 28,524 homes changed ownership in the Board’s area, generating $1.84 billion in economic spin-off activity and 13,977 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $22 billion in 2013. The Real Estate Board of Greater Vancouver is an association representing more than 11,000 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit www.rebgv.org.
For more information please contact: Craig Munn, Assistant Manager of Communications Real Estate Board of Greater Vancouver Phone: (604) 730-3146 [email protected] www.rebgv.org| Facebook|Twitter To unsubscribe to the Real Estate Board of Greater Vancouver’s news release distribution, please email [email protected] .
September 2014
*
Benchmark Price
Price Index
Residential / Composite Lower Mainland Greater Vancouver Bowen Island Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Sunshine Coast Tsawwassen Vancouver East Vancouver West West Vancouver Whistler
$564,600 $633,500 $588,600 $593,100 $540,300 $596,600 $532,900 $553,600 $394,400 $378,200 $682,800 $396,500 $412,900 $543,800 $593,400 $424,900 $354,800 $616,600 $654,900 $859,300 $1,696,200 $484,400
159.4 166.1 127.6 163.7 161.4 168.2 157.6 154.0 133.3 162.3 154.5 143.6 146.6 150.2 172.3 137.2 124.3 155.4 191.6 181.1 182.1 115.4
0.1% 0.3% -0.1% 0.7% -0.1% 0.1% 0.5% 0.9% 0.5% 0.3% 0.3% 1.5% 0.0% 0.1% -0.1% 1.3% -1.3% 1.0% 0.9% 0.3% 0.1% 2.9%
0.6% 0.9% 0.3% 0.1% -1.0% 0.8% 1.9% 1.2% 0.8% 0.4% 1.0% 0.3% 1.8% 1.6% 0.8% 3.4% -0.4% 1.5% 1.1% 1.1% -0.9% 7.0%
2.3% 3.0% 3.9% 2.7% 2.6% 3.3% 3.7% 2.7% 3.1% 2.1% 4.0% 0.3% 3.1% 3.6% 1.8% 10.6% 4.2% 2.6% 3.6% 2.8% 4.2% 14.4%
4.1% 5.3% 2.0% 5.3% 3.5% 4.0% 7.1% 4.1% 1.7% 2.9% 5.0% 2.3% 5.3% 6.3% 4.3% 10.4% 3.5% 4.6% 7.9% 6.3% 7.6% 11.8%
3.4% 3.7% -2.5% 7.3% 3.6% 2.8% 7.4% 1.3% 0.1% 2.2% 8.6% 4.1% 2.4% 9.7% 0.5% 9.1% -6.5% 2.4% 9.6% 5.0% 11.4% -3.4%
15.0% 17.7% -2.6% 17.2% 15.8% 19.5% 17.3% 14.2% 3.3% 13.5% 15.2% 7.5% 7.2% 13.3% 19.0% 8.0% -4.8% 14.9% 27.9% 22.6% 38.3% -7.2%
Single Family Detached
$801,900 $990,300 $588,600 $781,700 $976,700 $1,028,200 $763,700 $647,700 $479,600 $690,500 $1,027,600 $522,800 $587,100 $899,200 $999,700 $534,200 $353,400 $753,800 $948,700 $2,299,900 $2,015,500 $941,300
170.4 183.0 127.6 174.8 188.5 197.1 169.2 156.3 136.3 171.3 164.0 145.9 156.8 166.6 201.3 144.3 123.8 162.3 209.5 236.3 191.9 130.3
0.4% 0.6% -0.1% 0.9% -0.2% 0.7% 0.6% 1.6% 0.6% 1.1% 0.7% 0.2% 0.7% -0.2% 0.5% -1.0% -1.2% 1.3% 1.3% 0.8% -0.2% -2.0%
0.9% 1.4% 0.3% -0.6% -2.0% 1.3% 2.0% 2.2% 1.5% -0.4% 1.7% 1.8% 2.6% 0.4% 2.1% 0.5% -0.2% 1.9% 3.3% 1.9% -1.8% -2.0%
3.5% 4.8% 3.9% 2.7% 3.8% 4.3% 5.0% 3.2% 4.9% 3.1% 6.4% 5.0% 5.0% 2.7% 4.8% 7.0% 4.4% 2.1% 7.0% 5.7% 4.2% 4.8%
5.8% 7.3% 2.0% 4.7% 3.7% 6.0% 8.3% 4.1% 3.9% 4.1% 7.8% 2.4% 7.1% 6.0% 7.0% 9.5% 3.7% 5.5% 11.6% 10.1% 8.9% 7.2%
5.7% 5.4% -2.5% 8.7% 7.4% 6.7% 10.9% 3.2% 3.4% 4.6% 12.5% 5.9% 7.1% 11.2% -0.6% 9.4% -6.9% 5.8% 15.2% 3.0% 13.5% 5.2%
25.4% 31.0% -2.6% 25.3% 33.2% 41.2% 26.2% 18.0% 7.5% 23.1% 24.0% 9.3% 16.7% 25.0% 35.7% 12.3% -5.1% 21.6% 44.5% 51.1% 44.4% 3.1%
Property Type
Area
Lower Mainland Greater Vancouver Bowen Island Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Sunshine Coast Tsawwassen Vancouver East Vancouver West West Vancouver Whistler
1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Change % Change % Change % Change % Change % Change %
HOW TO READ THE TABLE: • Benchmark Price: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market. • Price Index: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales. • x Month/Year Change %: Percentage change of index over a period of x month(s)/year(s)
*
In January 2005, the indexes are set to 100. Townhome properties are similar to Attached properties, a category that was used in the previous MLSLink HPI, but do not included duplexes. The above info is deemed reliable, but is not guaranteed. All dollar amounts in CDN.
* MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association
1 of 11
September 2014
*
Property Type
Area
Benchmark Price
Price Index
1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Change % Change % Change % Change % Change % Change %
Townhouse
Lower Mainland Greater Vancouver Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Tsawwassen Vancouver East Vancouver West Whistler
$401,100 $477,700 $427,700 $413,800 $423,100 $392,800 $459,300 $271,500 $412,400 $610,800 $329,300 $379,600 $420,500 $515,700 $374,200 $466,100 $544,800 $755,100 $501,600
145.6 155.0 153.4 154.3 151.8 144.3 152.2 131.9 154.9 146.2 142.5 144.5 142.1 166.7 135.8 144.1 179.6 170.8 135.1
0.5% 0.6% 0.2% 1.4% 0.1% 0.8% -0.5% -0.4% 0.0% 1.0% 0.9% -1.4% -0.3% 0.8% 1.0% 0.4% 0.3% 1.5% 1.2%
1.0% 1.4% 0.9% -0.6% -0.7% 1.0% -0.5% 0.1% 0.8% 0.9% 2.2% 2.0% 1.1% 1.5% 4.7% 1.0% 2.3% 0.9% 6.1%
2.5% 3.8% 1.9% 2.7% 3.4% 2.1% -0.7% 0.9% 2.9% 2.6% -0.6% 4.0% 3.9% 0.2% 15.2% 0.6% 8.0% 7.8% 16.8%
2.8% 4.2% 2.5% 3.3% 2.6% 4.0% 5.1% -1.0% 4.7% 5.5% 4.2% 3.6% 5.0% 3.6% 12.1% 5.9% 4.1% 7.3% 10.6%
-0.3% 1.3% 3.7% -3.3% -1.1% 0.8% 0.0% -4.7% 4.5% 5.9% -0.8% 1.9% 1.1% -0.3% 8.0% -7.5% 6.2% 10.8% 11.1%
8.0% 12.8% 11.9% 11.6% 9.8% 8.8% 10.1% -0.2% 14.8% 10.0% 8.1% 6.0% 6.4% 18.8% 6.2% 4.3% 19.5% 22.5% 14.0%
Apartment
Lower Mainland Greater Vancouver Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Tsawwassen Vancouver East Vancouver West West Vancouver Whistler
$343,300 $378,700 $416,000 $347,100 $390,300 $260,500 $309,500 $164,700 $279,700 $352,900 $240,300 $226,900 $342,200 $348,600 $254,600 $322,800 $314,300 $494,600 $644,000 $231,400
150.6 153.1 157.9 146.7 156.7 143.4 146.7 120.1 159.9 143.3 142.0 134.5 142.6 147.8 122.5 135.8 173.4 160.1 140.7 83.1
-0.3% -0.1% 1.4% -0.5% -0.3% 0.3% -1.0% 1.4% 0.1% -0.5% 3.0% 0.4% 0.6% -1.6% 12.2% -0.4% 0.3% -0.2% 1.6% 13.2%
0.0% 0.2% 1.4% -0.7% 0.8% 2.1% -1.4% -3.0% 0.7% 0.1% -2.1% 0.7% 3.1% -1.5% 18.1% -0.8% -2.1% 0.7% 5.6% 22.9%
0.6% 0.8% 2.8% 1.7% 2.5% 2.0% 5.0% -4.1% 1.5% 0.7% -3.7% -0.6% 3.9% -0.8% 22.4% 4.4% -1.4% 0.8% 6.8% 27.3%
2.1% 3.3% 11.1% 3.7% 2.7% 5.6% 3.2% -6.4% 2.1% 0.7% 1.1% 4.4% 6.9% 1.3% 12.7% 1.1% 4.7% 4.1% 1.2% 25.9%
1.4% 2.1% 14.3% 3.4% 0.2% 3.2% -3.9% -10.0% 1.0% 3.0% 8.4% -3.6% 13.7% 1.6% 13.2% -6.7% 4.3% 4.9% 1.0% -8.7%
4.8% 6.6% 6.8% 5.8% 10.2% 5.8% 5.0% -11.6% 10.1% 5.1% 4.5% -4.0% 8.4% 2.1% -0.6% -2.8% 10.8% 9.7% 10.7% -35.5%
HOW TO READ THE TABLE: • Benchmark Price: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market. • Price Index: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales. • x Month/Year Change %: Percentage change of index over a period of x month(s)/year(s) In January 2005, the indexes are set to 100.
*
Townhome properties are similar to attached properties, a category that was used in the previous MLSLink HPI, but do not included duplexes. Lower Mainland includes areas serviced by both Real Estate Board of Greater Vancouver & Fraser Valley Real Estate Board. The above info is deemed reliable, but is not guaranteed. All dollar amounts in CDN. * MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association
2 of 11
Sep 2014 Jul 2014 May 2014 Mar 2014 Jan 2014 Nov 2013 Sep 2013 Apartment
Jul 2013 May 2013 Mar 2013 Jan 2013
Townhouse
Sep 2012 Jul 2012 May 2012 Mar 2012
Detached
Jan 2012 Nov 2011 Sep 2011 Jul 2011
Residential
May 2011 Mar 2011 Jan 2011 Nov 2010 Sep 2010 Jul 2010 May 2010 Mar 2010 Jan 2010 Nov 2009 60
80
100
120 Price Index
140
160
180
Sep 2009 200
Jan 2005 HPI = 100
C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif
Greater Vancouver 5 Year Trend
Nov 2012
Median Selling Price
Number of Sales
Median Selling Price
Number of Sales
Median Selling Price
Number of Sales
Median Selling Price
Number of Sales
Median Selling Price
$480,400
$365,000
Attached
Apartment
594
Attached
$912,250
736
Detached
Detached
$372,500
Apartment
1,281
$515,000
Apartment
$998,000
591
Attached
Attached
899
Detached
Detached
$367,900
Apartment
1,365
$500,400
Apartment
$930,000
Attached
66
Attached
Detached
85
Detached
158
$366,600
Apartment
Apartment
$535,000
64
Attached
$1,049,000
110
Detached
Attached
$387,250
Apartment
Detached
$480,000
Attached
167
$965,000
Detached
Apartment
156
57
Attached
Apartment
103
Detached
Coquit lam $289,900
$437,000
$710,000
548
345
854
$294,944
$479,000
$772,000
598
392
1,047
$309,000
$428,000
$749,000
61
35
82
$300,000
$449,900
$820,000
73
43
111
$320,500
$497,300
$811,500
74
38
126
Delta South $325,000
$415,000
$664,000
98
53
345
$332,500
$438,500
$696,500
137
62
478
n/a
n/a
$680,000
10
7
27
n/a
n/a
$753,000
17
6
57
n/a
n/a
$676,757
16
10
57
Islands - Gulf n/a
n/a
$447,500
0
0
25
n/a
n/a
$377,000
0
0
38
n/a
n/a
n/a
0
0
6
n/a
n/a
n/a
0
0
8
n/a
n/a
n/a
0
0
5
$210,000
$299,500
$480,000
212
285
854
$216,275
$302,000
$491,000
275
362
1,039
$268,400
$293,000
$483,800
27
39
91
$202,250
$312,900
$504,000
22
42
103
$215,000
$283,000
$486,275
35
30 67
8
30
$288,900
$430,000
$685,000
565
98
219
$308,000
$429,000
$701,050
609
74
272
$310,000
n/a
$664,000
60
10
25
$307,000
n/a
$721,500
69
5
29
$310,390
n/a
$679,500
Maple R id g e/Pitt M eadow s 123
$370,000
$625,000
$955,000
555
272
849
$380,000
$662,000
$1,075,000
680
291
1,006
$360,000
$649,250
$964,000
57
28
78
$400,000
$699,000
$1,080,000
77
21
99
$385,000
$632,000
$1,100,000
81
23
92
North Vanco uver
Note: Median Selling Prices are not reported for areas with less than 20 sales or for the Gulf Islands
Year-to-date
Jan. Sep. 2013
Year-to-date
Jan. Sep. 2014
September 2013
August 2014
September 2014
Number of Sales
September 2014 Port C oquitla m $227,500
$366,900
$543,000
198
230
301
$241,000
$390,000
$570,000
269
258
378
$218,500
$352,700
$549,000
21
20
31
$240,550
$394,000
$585,000
29
32
44
$230,000
$408,500
$575,000
32
23
32
$336,000
$425,900
$786,000
195
141
190
$358,000
$435,000
$865,500
225
182
229
$333,500
$445,000
n/a
26
20
18
n/a
n/a
$862,750
18
15
22
$378,000
n/a
$795,000
31
14 119
114
152
$338,800
$505,000
$930,000
1,064
694
1,001
$351,500
$537,100
$1,024,000
1,119
834
1,291
$342,500
$540,000
$952,000
122
69
127
$349,000
$551,000
$1,155,000
121
110
132
$365,900
$555,000
$1,070,000
Port M oody/B elcarra 43
Richm ond
2014
$214,750
$362,887
$515,000
36
87
138
$215,000
$360,000
$538,500
79
126
213
n/a
n/a
$528,250
5
7
26
n/a
n/a
$530,000
10
16
22
n/a
$360,000
$554,800
11
21
25
Squam ish
21
$294,000
$239,000
$385,000
36
33
365
$250,000
$239,950
$375,000
52
33
441
n/a
n/a
$388,000
3
5
41
n/a
n/a
$344,000
9
7
54
n/a
n/a
$386,250
2
2
65
Sunsh ine Co ast
9
y
Burnab
er New W estmin st
Vanco uver E ast $340,000
$619,000
$875,750
828
341
1,096
$348,000
$655,000
$960,000
1,075
383
1,369
$330,500
$639,500
$910,000
90
42
147
$355,000
$699,900
$954,800
108
32
154
$350,000
$601,800
$1,001,500
91
35
145
Vanco uver W est $472,000
$850,000
$2,149,766
2,937
479
1,231
$490,000
$873,000
$2,336,000
3,362
504
1,412
$455,450
$938,000
$2,194,000
344
55
154
$477,900
$890,000
$2,400,000
369
58
126
$505,000
$920,000
$2,320,000
417
55
171
$720,000
$1,200,000
$1,880,000
121
67
560
$719,500
$1,154,000
$2,100,000
139
60
641
n/a
n/a
$2,195,000
14
7
71
n/a
n/a
$1,928,750
13
5
72
$680,000
n/a
$2,142,500
21
9
80
35
25
21
$230,500
$545,000
$936,250
146
169
117
$254,800
$587,500
$1,085,000
199
215
124
$207,500
$714,500
n/a
20
32
14
$260,250
$620,000
n/a
24
31
15
$290,000
$614,000
$980,000
Sound Wes t V a n couve r/Howe
MLS® SALES Facts
Whistl er/Pem berton n/a
8,820
3,888
8,881
n/a
10,183
4,367
10,877
n/a
1,018
442
1,023
n/a
1,126
487
1,158
n/a
1,188
464
1,270
% Sales to Listings
Number of Listings
% Sales to Listings
Number of Listings
% Sales to Listings
Number of Listings
% Sales to Listings
Number of Listings
% Sales to Listings
40%
55%
51%
Apartment
1,071
Attached
Attached
1,829
Detached
Detached
55%
Apartment
2,517
59%
Apartment
50%
1,002
Attached
Attached
1,808
Detached
Detached
61%
Apartment
2,487
59%
Apartment
40%
Attached
111
Attached
Detached
211
Detached
259
68%
Apartment
Apartment
76%
84
Attached
81%
136
Detached
Attached
50%
Apartment
Detached
47%
Attached
246
49%
Detached
Apartment
315
122
Attached
Apartment
209
Detached
Coquit lam 44%
51%
51%
1,245
673
1,665
50%
67%
65%
1,204
581
1,622
49%
70%
52%
125
50
159
83%
77%
80%
88
56
138
52%
52%
82%
143
73
153
Delta South 43%
43%
51%
226
122
671
61%
67%
65%
225
92
735
50%
50%
54%
20
14
50
85%
100%
110%
20
6
52
64%
100%
79%
25
10
72
Islands - Gulf n/a
0%
22%
0
1
116
n/a
0%
29%
0
2
129
n/a
n/a
150%
0
0
4
n/a
n/a
57%
0
0
14
n/a
n/a
63%
0
0
8
39%
46%
47%
546
613
1,805
52%
60%
57%
525
605
1,831
33%
67%
51%
82
58
178
55%
91%
61%
40
46
168
74%
50%
60%
47
60
206
Maple R id g e/Pitt M eadow s 48%
60%
51%
1,173
164
428
47%
56%
64%
1,302
131
422
47%
50%
52%
128
20
48
66%
50%
145%
104
10
20
42%
67%
55%
161
12
55
* Year-to-date listings represent a cumulative total of listings rather than total active listings.
Year-to-date*
Jan. Sep. 2013
Year-to-date*
Jan. Sep. 2014
September 2013
August 2014
September 2014
Number of Listings
September 2014
North Vanco uver 41%
54%
52%
1,364
502
1,620
44%
59%
64%
1,547
492
1,572
34%
44%
39%
166
64
202
66%
75%
96%
116
28
103
44%
34%
51%
185
67
181
Port C oquitla m 40%
59%
56%
496
390
539
43%
66%
76%
625
390
499
39%
87%
53%
54
23
59
63%
86%
86%
46
37
51
40%
64%
74%
80
36
43
Port M oody/B elcarra 48%
52%
47%
404
271
403
63%
77%
61%
358
236
373
62%
87%
43%
42
23
42
62%
136%
61%
29
11
36
76%
52%
98%
41
27
44
Richm ond 49%
54%
41%
2,191
1,285
2,450
43%
61%
52%
2,606
1,372
2,504
53%
46%
48%
232
149
265
45%
81%
65%
266
136
204
38%
70%
63%
310
163
242
30%
53%
40%
119
163
346
64%
72%
63%
123
174
338
42%
100%
76%
12
7
34
50%
76%
96%
20
21
23
85%
131%
76%
13
16
33
Squam ish
2014
47%
33%
37%
76
101
993
45%
38%
43%
115
87
1,034
60%
45%
55%
5
11
75
90%
88%
66%
10
8
82
100%
33%
77%
2
6
84
Sunsh ine Co ast
21
48%
51%
53%
1,723
665
2,086
54%
61%
65%
1,993
623
2,121
38%
42%
63%
235
99
232
64%
89%
71%
168
36
216
36%
42%
68%
253
84
214
Vanco uver E ast
9
y
Burnab
er New W estmin st
Vanco uver W est 50%
50%
46%
5,844
966
2,689
54%
51%
50%
6,211
988
2,809
49%
46%
46%
706
120
335
68%
73%
60%
540
80
210
57%
45%
56%
738
121
307
Sound 41%
47%
37%
294
143
1,494
46%
50%
44%
299
121
1,468
36%
41%
39%
39
17
184
45%
45%
71%
29
11
101
70%
53%
47%
30
17
170
Wes t V a n couve r/Howe
MLS® LISTINGS Facts
54%
65%
44%
268
259
267
60%
71%
48%
333
304
257
105%
84%
58%
19
38
24
83%
94%
47%
29
33
32
90%
93%
140%
39
27
15
Whistl er/Pem berton n/a
18,486
7,389
19,401
n/a
19,953
7,200
19,522
n/a
2,124
804
2,102
n/a
1,751
603
1,586
n/a
2,382
841
2,036
Listing & Sales Activity Summary Listings
Sales
1 Sep 2013
2 Aug 2014
3 Sep 2014
5 Sep 2013
6 Aug 2014
7 Sep 2014
211 111 259
136 84 246
209 122 315
53.7 45.2 28.0
85 66 158
110 64 167
103 57 156
-6.4 -10.9 -6.6
311 194 496
326 200 477
4.8 3.1 -3.8
159 50 125
138 56 88
153 73 143
10.9 30.4 62.5
82 35 61
111 43 73
126 38 74
13.5 -11.6 1.4
300 116 188
358 126 231
19.3 8.6 22.9
50 14 20
52 6 20
72 10 25
38.5 66.7 25.0
27 7 10
57 6 17
57 10 16
0.0 66.7 -5.9
115 24 37
177 21 51
53.9 -12.5 37.8
178 58 82
168 46 40
206 60 47
22.6 30.4 17.5
91 39 27
103 42 22
123 30 35
19.4 -28.6 59.1
314 102 83
384 117 84
22.3 14.7 1.2
202 64 166
103 28 116
181 67 185
75.7 139.3 59.5
78 28 57
99 21 77
92 23 81
-7.1 9.5 5.2
271 93 198
303 81 233
11.8 -12.9 17.7
48 20 128
20 10 104
55 12 161
175.0 20.0 54.8
25 10 60
29 5 69
30 8 67
3.4 60.0 -2.9
82 30 205
91 17 212
11.0 -43.3 3.4
42 23 42
36 11 29
44 27 41
22.2 145.5 41.4
18 20 26
22 15 18
43 14 31
95.5 -6.7 72.2
70 53 71
93 50 75
32.9 -5.7 5.6
59 23 54
51 37 46
43 36 80
-15.7 -2.7 73.9
31 20 21
44 32 29
32 23 32
-27.3 -28.1 10.3
123 75 78
121 77 97
-1.6 2.7 24.4
265 149 232
204 136 266
242 163 310
18.6 19.9 16.5
127 69 122
132 110 121
152 114 119
15.2 3.6 -1.7
409 257 396
443 321 390
8.3 24.9 -1.5
75 11 5
82 8 10
84 6 2
2.4 -25.0 -80.0
41 5 3
54 7 9
65 2 2
20.4 -71.4 -77.8
139 13 11
174 9 14
25.2 -30.8 27.3
34 7 12
23 21 20
33 16 13
43.5 -23.8 -35.0
26 7 5
22 16 10
25 21 11
13.6 31.3 10.0
51 21 14
77 56 32
51.0 166.7 128.6
232 99 235
216 36 168
214 84 253
-0.9 133.3 50.6
147 42 90
154 32 108
145 35 91
-5.8 9.4 -15.7
437 137 308
469 117 336
7.3 -14.6 9.1
335 120 706
210 80 540
307 121 738
46.2 51.3 36.7
154 55 344
126 58 369
171 55 417
35.7 -5.2 13.0
417 160 1063
440 181 1169
5.5 13.1 10.0
24 38 19
32 33 29
15 27 39
-53.1 -18.2 34.5
14 32 20
15 31 24
21 25 35
40.0 -19.4 45.8
50 67 56
56 86 74
12.0 28.4 32.1
184 17 39
101 11 29
170 17 30
68.3 54.5 3.4
71 7 14
72 5 13
80 9 21
11.1 80.0 61.5
225 31 42
221 19 51
-1.8 -38.7 21.4
2098 804 2124
1572 603 1751
2028 841 2382
29.0 39.5 36.0
1017 442 1018
1150 487 1126
1265 464 1188
10.0 -4.7 5.5
3314 1373 3246
3733 1478 3526
12.6 7.6 8.6
BURNABY DETACHED ATTACHED APARTMENTS
Col. 2 & 3 Percentage Variance
%
Col. 6 & 7 Percentage Variance
9 Jul 2013 Sep 2013
10 Jul 2014 Sep 2014
%
Col. 9 & 10 Percentage Variance
%
COQUITLAM DETACHED ATTACHED APARTMENTS
DELTA DETACHED ATTACHED APARTMENTS
MAPLE RIDGE/PITT MEADOWS DETACHED ATTACHED APARTMENTS
NORTH VANCOUVER DETACHED ATTACHED APARTMENTS
NEW WESTMINSTER DETACHED ATTACHED APARTMENTS
PORT MOODY/BELCARRA DETACHED ATTACHED APARTMENTS
PORT COQUITLAM DETACHED ATTACHED APARTMENTS
RICHMOND DETACHED ATTACHED APARTMENTS
SUNSHINE COAST DETACHED ATTACHED APARTMENTS
SQUAMISH DETACHED ATTACHED APARTMENTS
VANCOUVER EAST DETACHED ATTACHED APARTMENTS
VANCOUVER WEST DETACHED ATTACHED APARTMENTS
WHISTLER/PEMBERTON DETACHED ATTACHED APARTMENTS
WEST VANCOUVER/HOWE SOUND DETACHED ATTACHED APARTMENTS
GRAND TOTALS DETACHED ATTACHED APARTMENTS
0
200
400
600
800
1000
1200
1400
1600
DETACHED
CONDOMINIUM
ATTACHED
APARTMENTS
$476,891
$593,035
$1,263,129
NOTE: From 1977 - 1984 condominium averages were not separated into attached & apartment.
1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
IN THOUSANDS ($)
Residential Average Sale Prices - January 1977 to September 2014
