highlights • Comparedtolastmonth,medianpricesacrosalhometypeswereupintheGreaterVancouver boardarea.Fordetachedhomesandtownhomespriceswere5%higher,andforcondostheyrose 2%.ComparedtoNovember2020,mediantownhomesoldpriceswere27%higher,folowedby detachedhomesat25%,andcondosat13%. • TheFraserValeyboardareasawmedianpricesincreaseaggresivelyonamonth-over-month basisacrosalhometypes,withdetachedhomes,townhomes,andcondosrecordingincreasesof 7%,5%,and6%respectively.ComparedtoNovember2020,detachedhome,townhome,and condomedianpriceswerehigherby41%,35%,and28%,respectively. • -
THERENNIEADVANCE median prices
NOVEMBER 2021
$2,000,000
+25% vsNov2020 Greater Vancouver
$1.85M $1.55M
$1,600,000
$1,200,000
$800,000
DETACHED median salesprice
FraserValey
$400,000
+41% vsNov2020
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 $0
━ GreaterVancouver ━ FraserValey
● November
$1,000,000
Greater Vancouver
$999,900
$800,000
$822,000
+27% vsNov2020
$600,000
$400,000
TOWNHOME median salesprice
$200,000
FraserValey
+35% vsNov2020
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 $0
━ GreaterVancouver ━ FraserValey
● November
$1,000,000
+13% vsNov2020 Greater Vancouver
$800,000
$667,500 $510,000
$600,000
$400,000
CONDO median salesprice
FraserValey
$200,000
+28% vsNov2020
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 $0
━ GreaterVancouver ━ FraserValey
● November
Copyright©December2,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofDecember2,2021.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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