highlights • O n am onth-over-m onth basis,M arch’sm edian pricesincreased,on average,by3% in theFraser Valey board area,and by 2% in theG reaterVancouverboard area.Year-over-year,m edian prices were,on average,down by15% in theFraserValeyand by9% in G reaterVancouver. • Com pared toFebruary,detached hom epricesin G reaterVancouverin M arch wereup 6%,and for condostheywereup 4%;thatsaid,townhom em edian pricesweredown 4%.In theFraserValey, m edian priceswereup foral hom etypes,with townhom esup them ost,by5%,folowed by detached hom esat3% and condosat2%. • Com pared toM arch 2022,m edian priceswerelowerforal hom etypesin both board areas.In G reaterVancouver,townhom esweredown them ost(by13%),folowed bydetached hom es(by 9%),and condos(by5%).In theFraserValey,detached hom em edian pricesweredown them ost (by21%),folowed bytownhom es(by15%),and condos(by11%).
THERENNIEADVANCE median prices
MARCH 2023
$2,000,000
- 9% vsM ar2022 Greater Vancouver
$1.82M
$1,600,000
$1.35M
$1,200,000
$800,000
DETACHED median salesprice
FraserValey
$400,000
- 21% vsM ar2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● March
$1,200,000
Greater Vancouver
$1,000,000
$999,999 $807,000
- 13% vsM ar2022
$800,000
$600,000
$400,000
TOWNHOME median salesprice
FraserValey
$200,000
- 15% vsM ar2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● March
$1,000,000
- 5% vsM ar2022 Greater Vancouver
$800,000
$705,000
$600,000
$510,000
$400,000
CONDO median salesprice
FraserValey
$200,000
- 11% vsM ar2022
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
━ G reaterVancouver ━ FraserValey
● March
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