highlights • Themediansalespriceofdetachedhomeswasup5%comparedtoSeptemberintheGreater Vancouverboardarea,whiletownhomepricesweredown2%andcondopricesremainedsteady. TheFraserValeyboardareasawanupwardmovementofmedianpricesacrosalhometypes: detachedhomesandcondosroseby3%,andtownhomesby1.7%,comparedtoSeptember2021. • MediansalespriceswerealsoupsignificantlyinboththeGreaterVancouverandFraserValey boardareascomparedtoOctober2020.InGreaterVancouver,detachedhomesreporteda23% increase,townhomessawa17%increase,andcondosexperienceda11%increase.TheFraser Valeysawincreasesof37%,30%,and22%fordetachedhomes,townhomes,andcondos, respectively. • -
THERENNIEADVANCE median prices
OCTOBER 2021
$2,000,000
+23% vsOct2020 Greater Vancouver
$1.76M $1.45M
$1,600,000
$1,200,000
$800,000
DETACHED median salesprice
FraserValey
$400,000
+37% vsOct2020
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 $0
━ GreaterVancouver ━ FraserValey
● October
$1,000,000
+17% vsOct2020 Greater Vancouver
$949,900 $786,000
$800,000
$600,000
$400,000
TOWNHOME median salesprice
$200,000
FraserValey
+30% vsOct2020
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 $0
━ GreaterVancouver ━ FraserValey
● October
$1,000,000
+11% vsOct2020 Greater Vancouver
$800,000
$600,000
$655,000
$480,900
$400,000
CONDO median salesprice
FraserValey
$200,000
+22% vsOct2020
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 $0
━ GreaterVancouver ━ FraserValey
● October
Copyright©November1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofNovember1,2021.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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