New Housing Construction
Unabsorbed Unit Prices ($)

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Vancouver — Average, Median and Price Percentiles for Unabsorbed Homeowner and Condominium Units by Zone

  1st 20% 2nd 40% 3rd 60% 4th 80% Median Average Units
Vancouver 1,200,000 1,490,000 1,865,000 2,800,000 1,637,500 2,236,077 878
West End/Stanley Park ** ** ** ** ** ** 0
English Bay ** ** ** ** ** ** 0
Downtown ** ** ** ** ** ** 0
South Granville/Oak ** ** ** ** ** 4,425,581 4
Kitsilano/Point Grey 2,795,000 3,960,000 4,600,000 6,880,000 4,430,000 4,843,884 18
Westside/Kerrisdale 3,086,000 3,859,000 4,614,000 6,224,000 4,130,000 4,714,966 48
Marpole ** ** ** ** ** 4,603,734 11
Mount Pleasant/Renfrew Heights 1,290,000 1,450,000 1,530,000 2,398,000 1,500,000 1,715,811 52
East Hastings 1,716,000 1,861,000 2,023,000 2,108,000 1,960,000 1,714,926 29
Southeast Vancouver 1,325,000 1,647,000 2,032,000 2,544,000 1,830,000 1,912,370 63
University Endowment Lands ** ** ** ** ** ** 0
Central Park/Metrotown ** ** ** ** ** 1,874,633 15
Southeast Burnaby 1,700,000 2,285,000 2,400,000 2,890,000 2,320,000 2,048,552 21
North Burnaby 1,490,000 1,600,000 1,980,000 2,414,000 1,775,000 1,874,031 42
New Westminster 1,000,000 1,000,000 1,435,000 1,500,000 1,367,500 1,199,395 21
North Vancouver CY ** ** ** ** ** 2,414,007 11
North Vancouver DM 2,350,000 2,900,000 3,794,000 4,230,000 3,500,000 3,340,084 28
West Vancouver 3,897,000 5,200,000 6,456,000 7,570,000 5,870,000 6,059,492 50
Richmond 1,632,000 2,254,000 2,500,000 3,174,000 2,485,000 2,130,890 66
Delta 1,035,000 1,350,000 1,500,000 1,700,000 1,400,000 1,439,618 43
Surrey 1,250,000 1,400,000 1,500,000 1,700,000 1,455,000 1,498,031 185
White Rock 1,978,000 2,286,000 2,790,000 3,000,000 2,550,000 2,595,694 18
Langley City and Langley DM 1,080,000 1,300,000 1,475,000 1,650,000 1,375,000 1,321,371 30
Tri-Cities 1,588,000 1,800,000 2,200,000 2,490,000 1,862,500 2,147,620 51
Maple Ridge/Pitt Meadows 870,000 897,000 1,025,000 1,190,000 1,000,000 994,219 72
Notes:
  • CMA, CA and CSD definitions are based on 2016 Census Geography Definitions
  • Data for the most recent time period is based on preliminary survey results and subject to revision.
Source: CMHC Market Absorption Survey (opens in new window)