Gold, Silver, Bronze – Vancouver Average

Posted March 2nd, 2010 in Real Estate, Statistics |

Gold Silver Bronze

Owning the Podium in Vancouver real estate is just as hard as winning a competition in the Olympics. Witnessed in Vancouver’s 2010 Olympics were records won and lost in increments of 100th of a second.

So it seems that gold, silver and bronze medals will be awarded in relative increments to the Detached, Attached and Apartment segments of the market.

Detached wins Gold for the overall highest average price climbing a few 100ths above January 2010′s $950,785 achieving $963,191 – another new high that some will consider a new low in affordability.

Attached takes Bronze with a drop of $2k from January’s $552,971 to cross the line in February at $550,873.

Silver goes to Apartments who came in $13K higher than Janurary’s $420,566 to cross the line at $432,964.

Average Price 1977 – 2010

Vancouver Real Estate Average Price Numbers:

Detached	Attached	Apartment
Feb 10 – 963,191	Feb 10 – 550,873	Feb 10 – 432,964
Feb 09 – 792,551	Feb 09 – 437,233	Feb 09 – 353,064
Feb 08 – 920,643	Feb 08 – 512,730	Feb 08 – 424,839

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*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.

Reader Comments:

1 Says:

March 2nd, 2010 at 9:50 am

Larry

love the dailies

hmmm. I hear Victoria is way down and the Fraser Valley looks soft(ening).

Interesting times.

Great website.

Best place on meth Says:

March 2nd, 2010 at 3:55 pm

And last place goes to…….first time buyers!

Congratulations, ftb’s!!

yattermatters Says:

March 2nd, 2010 at 4:53 pm

@meth – ironic methinks – to be first and last at the same time

Yatter Matters - Insight on Vancouver Real Estate