Vancouver Average Price

Sun and Snowflakes

The sunshine of the province’s national property purchase tax was supposed to improve affordability. Not so says the Vancouver real estate market. For now, that plan is blanketed with snowflakes of escalating home prices.

Average Price 1977 – 2016

Yattermatters – Average Price Dec 2016

Vancouver Real Estate Average Numbers

Detached Attached Apartment
Dec 16 – $1,676,245
+ 2%
Dec 16 – $753,656
+14%
Dec 16 – $588,922
+18%
Dec 15 – $1,647,267 Dec 15 – $658,777 Dec 15 – $498,022

Vancouver Real Estate Inventory – Active Listings

Detached Attached Apartment
Dec 16 – 3,711
+48%
Dec 16 – 826
+26%
Dec 16 – 1,808
-37%
Dec 15 – 2,497 Dec 15 – 653 Dec 15 – 2,874

Vancouver Real Estate – Units Sold

Detached Attached Apartment
Dec 16 – 542
-52%
Dec 16 – 258
-44%
Dec 16 – 915
-25%
Dec 15 – 1,141 Dec 15 – 466 Dec 15 – 1,225
*Percentage = YOY

Shifting Supply and Demand

Prices are up, sales volume is down and inventory depending on your area, could be up or down. Do you wonder how this affects your home buying/selling decision?

It’s not new. Vancouver real estate has gone through market shifts many times before. But are they predictable?

This video might help to decide if this is the right time to buy or sell your Vancouver home.

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

When Life Moves You - contact Larry:

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.

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