highlights • Aside from the median sales price for condos in the Greater Vancouver board area slightly decreasing in December 2020, March 2021 marked the 15 th consecutive month that the median sales price rose for all home types in the Greater Vancouver and Fraser Valley board areas. • Compared to March of last year, prices in the Greater Vancouver board area were up 18% for detached homes, 14% for townhomes, and 4% for condos. South of the Fraser, prices were up 33% for detached homes, 19% for townhomes, and 14% for condos. • Compared to last month, median sales prices in the Greater Vancouver board area rose 3% for detached homes, 0.1% for townhomes, and 3% for condos. In the Fraser Valley board area, detached prices rose 4%, townhomes 7%, and condos 1.9%.
THE RENNIE ADVANCE median prices
MARCH 2021
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0
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0
DETACHED median sales price
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$1,200,000
vs Mar 2020 14%
March Greater Vancouver Fraser Valley
$900,501
$1,000,000
$800,000
$600,000
$705,000
$400,000
TOWNHOME median sales price
vs Mar 2020 19%
$200,000
$0
2011
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2014
2015
2016
2017
2018
2019
2020
2021
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0DUFK *UHDWHU 9DQFRXYHU )UDVHU9DOOH\
CONDO median sales price
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Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of April 5, 2021. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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