Property prices for sale in Vancouver (British Columbia)

The prices in real estate in Vancouver, in the British Columbia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$2,474,412.67
Average price last 6 months
$1,138.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Vancouver has fallen in the last 6 months. In November, the average price per sq.feet was $1,197. In December this price pretty much remained the same at a value of $1,195 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $1,196 to $1,157 per sq.feet. The price per sq.feet has decreased 90 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,176.5 to $1,061.5 during March, and April.

Average price

Based upon to the price in Vancouver (cities), this has gone up considerably in the last 6 months. The average price for November is $1,487,346. During December the price had a slight fall till $1,378,654. During the following two months (January, February) the price has had an average incrementation from $1,433,000 to $1,625,011.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 285 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $4,474,116 they are 84 % more affordable than the average price for Vancouver. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $3,019,877.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $947 / sq.feet, with an average $994 / sq.feet price in Vancouver. The properties with the highest average prices have 2 bedrooms. They are 23 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,204 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $4,474,116 it is 97 % cheaper than the average price in Vancouver. "Office" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $3,057,778 it is 1 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $113 / sq.feet followed by "Office" priced at $173 / sq.feet. "Land" is the most costly type of property with a $1,346 / sq.feet cost followed by "Condo" with an average price of $1,243 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Vancouver
Number of properties used in region British Columbia
$4,474,116
$994
45,546
237,480
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value