highlights • O n am onth-over-m onth basis,January’sm edian sold prices,on average,increased by5% in the G reaterVancouverboard areaand by2% in theFraserValeyboard area.Com pared to lastyear, m edian pricesweredown by10% and 20% in therespectiveboard areas. • Com pared toJanuary,G reaterVancouver’sm edian priceswereup 8% fordetached hom esand 7% fortownhom es,whilecondopricesweredown 1.4%.In theFraserValey,m edian priceswereup acros alhom etypes:townhom esby3%,detached hom esby2%,and condosby0.8%. • O n ayear-over-yearbasis,m edian pricesw erelow eracros al hom etypes,in both board areas. D etached hom esweredown them ost— by15% in GreaterVancouverand by27% in theFraser Valey— whiletownhom esweredown by7% and 21% (respectively),and condosweredown 7% and 13% (respectively).
THERENNIEADVANCE median prices
FEBRUARY 2023
$2,000,000
- 15% vsFeb2022 Greater Vancouver
$1,600,000
$1.71M
$1,200,000
$1.31M
$800,000
DETACHED median salesprice
FraserValey
$400,000
- 26% vsFeb2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● February
$1,200,000
- 7% vsFeb2022 Greater Vancouver
$1,000,000
$1,039,000
$800,000
$770,000
$600,000
$400,000
TOWNHOME median salesprice
FraserValey
$200,000
- 21% vsFeb2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● February
$1,000,000
- 7% vsFeb2022 Greater Vancouver
$800,000
$680,000
$600,000
$499,000
$400,000
CONDO median salesprice
FraserValey
$200,000
- 13% vsFeb2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● February
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