highlights • O n am onth-over-m onth basis,theG reaterVancouverboard areasaw an decreaseof3% in m edian sold prices(averaged acros hom etypes),w hiletheFraserValey experienced adeclineof1.6% .In G reaterVancouver,m edian detached pricesweredown 5%,townhom epricesweredown 3%,and condopricesfel by0.7%.In theFraserValey,m edian detached priceswereup 1.0%,townhom e pricesrose0.3%,and condopricesfel 6%. • O n ayear-over-yearbasis,m edian sold pricesin G reaterVancouverw eredow n 0.2% (averaged acros hom etypes),whiletheFraserValeyboard saw a2% decline.In G reaterVancouver,m edian detached hom epriceswere3% higher,townhom epriceswere3% lower,and condoswere0.7% lower.In theFraserValey,detached hom epriceswere1.7% lower,townhom espricesweredown 1.9%,and condopricesfel2%.
VANCOUVERREGION THERENNIEADVANCE median prices
JULY 2024
•
$2,000,000
+ 3% vsJul2023 Greater Vancouver
$1.88M
$1,600,000
$1.45M
$1,200,000
$800,000
DETACHED median salesprice
FraserValey
$400,000
- 1.7% vsJul2023
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
━ G reaterVancouver ━ FraserValey
● July
$1,200,000
- 3% vsJul2023 Greater Vancouver
$1,000,000
$1,065,000
$800,000
$832,500
$600,000
$400,000
TOWNHOME median salesprice
FraserValey
$200,000
- 1.9% vsJul2023
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
━ G reaterVancouver ━ FraserValey
● July
$1,000,000
- 0.7% vsJul2023 Greater Vancouver
$800,000
$720,000
$600,000
$525,000
$400,000
CONDO median salesprice
FraserValey
$200,000
- 2% vsJul2023
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
━ G reaterVancouver ━ FraserValey
● July
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