October2021
metrovancouver
WOODFRAME pricing
• Ofthe48woodframepre-saleprojectsthatlaunchedinMetroVancouverin2021,pricesaveraged$755PSF.
• Thisis5%higherthanthePPSFin2020,withwoodframeprojectsthatlaunchedlastyearaveraging$717.
• ActivelyselingprojectsnorthoftheFrasercurentlyhaveanaverageof$814,whereasprojectssouthoftheFraserarepricedatanaverageof$618.
▶ ACTIVEWOODFRAMEPROJECTS
squamish
AVG.PRICEPERSQFT ●<$400 ●$500-$999 ●$1,000-$1,499 ●$1,500-$1,999 ●$2,000+
©Mapbox©OSM
©2021Mapbox©OpenStreetMap
▶ CONCRETEWOODFRAMEPSFBYSALESSTARTYEAR
Submarket
2013 2014 2015 2016 2017 2018 2019 2020 2021
$542 $439 $580 $400 $603 $405 $716 $482 $384 $507 $393 $585 $410
$589 $523 $593 $449 $692 $568 $790 $680 $476 $680 $444 $799 $377
$646 $591 $603 $505 $819 $603 $908 $564 $760 $636 $825 $500
$696 $548 $765 $599 $808 $512
$629 $790 $753 $778 $643 $833 $725 $867 $548
Abbotsford/Mision Burnaby CentralSurey/N.Delta Coquitlam/PortMoody Langley/Cloverdale NewWestminster NorthVancouver PortCoquitlam Richmond Ridge-Meadows SouthDelta SouthSurey/WhiteRock Squamish VancouverDowntown
$528 $415 $296 $482 $335 $523 $438 $313 $400 $356 $473
$476
$349 $512 $354 $588 $453 $334 $415 $347 $492
$743 $559 $785 $612 $847
$331 $373
$368 $638 $346 $479 $329 $490
$615 $516 $741 $668 $1,564
$643
$668 $537
$820 $709
$369
$558
$691
$744 $477
$756 $564
$707 $594
$862 $627
$1,181 $901
$1,070
$1,373 $950
$1,253 $1,065
$1,363 $928
VancouverEast VancouverWest WestVancouver
total
$426
$481
$481
$523
$611
$646
$633
$717
$755
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