highlights • O n am onth-over-m onth basis,theG reaterVancouverboard areasaw am arginalincreasein m edian sold prices(averaged acros hom etypes),w hiletheFraserValey experienced adeclineof 3%.In G reaterVancouver,detached hom eand condom edian pricesroseby3% and 0.6%, respectively,w hereastow nhom em edian pricesfel by 3% .In theFraserValey,them edian price ofalhom etypesfel:detached hom esby4%,and each oftownhom esand condosby2%. • O n ayear-over-yearbasis,m edian sold pricesin both theG reaterVancouverand FraserValey board areasw erehigher— respectively,by 6% and 5% (on averageacros types).In G reater Vancouver,detached hom em edian priceswere11% higher,townhom eswere0.3% higher,and condoswere6% higher.In theFraserValey,detached hom em edian priceswere6% higher, townhom eswere6% higher,and townhom eswere2% higher.
VANCOUVERREGION THERENNIEADVANCE median prices
OCTOBER 2023
•
$2,000,000
+ 11% vsOct2022 Greater Vancouver
$1.91M
$1,600,000
$1.40M
$1,200,000
$800,000
DETACHED median salesprice
FraserV aley
$400,000
+ 6% vsOct2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● October
$1,200,000
- vsOct2022 Greater Vancouver
$1,123,500
$1,000,000
$800,000
$825,000
$600,000
$400,000
TOWNHOME median salesprice
FraserV aley
$200,000
+ 6% vsOct2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● October
$1,000,000
+ 6% vsOct2022 Greater Vancouver
$800,000
$715,000
$600,000
$514,000
$400,000
CONDO median salesprice
FraserV aley
$200,000
+ 2% vsOct2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● October
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