RSS

November 2023 Market Statistics

As December 2023 approaches, home buyers in Metro Vancouver are experiencing a notable surge in housing inventory. This upswing has granted them an extensive array of choices, marking one of the most abundant selections available since 2021.
According to the Real Estate Board of Greater Vancouver (REBGV), residential sales in the area reached 1,702 in November 2023. This reflects a 4.7% uptick from the 1,625 sales recorded in November 2022.
Detached Home Sales: In November 2023, there were 523 sales of detached homes, reflecting a 7%  rise compared to the 489 detached sales noted in November 2022. The benchmark price for a detached home in November was $1,982,600.
Apartment Home Sales: In November 2023, there were 850 sales of Apartments, indicating a marginal 0.4 % uptick from the 847 sales recorded in November 2022. The benchmark price for an apartment home is $762,700.
Attached Home Sales: In November 2023, there were 316 sales of attached homes, marking a 12.5% increase from the 281 sales reported in November 2022. The benchmark price for a townhouse is $1,092,600.
The overall market conditions represent a gradual rise in the number of active listings in our market over the past few months, providing buyers with a broader selection compared to what they've become accustomed to in recent years. When combined with the customary seasonal deceleration in sales at this time of year, this surge in supply is fostering balanced conditions throughout Metro Vancouver's housing market.

Fraser Valley

Greater Vancouver

Metro Vancouver

Interested to discuss the current market situation, have some questions?

Wondering if its a good time to sell and buy? Looking for investment opportunity in a real estate market and want to hear pros and cons, lets dicsuss all the avilable options. 

Please contact us today at 604-442-9422


ABOUT ANNA LITVAK JOSEPH

Anna is a licensed REALTOR® based in Greater Vancouver and providing trading real estate services across Metro Vancouver, Greater Vancouver, Fraser Valley & Kelowna. Anna has an impressive track record and a wealth of experience in all the aspects of the real estate industry. As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction from the initial thoughts of making a move and throught the home ownership journey. Her customer-centric approach is fundamental to her business philosophy.

With over 15 years of sales experience & entrepreneurship, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a  Medallion Club Member in 2018, 2019, 2020, 2021, and 2022, placing her among the top 10% of real estate agents in Greater Vancouver. Anna has worked hard to gain numerous 5 star testimonials, and is being featured in several publications year over year, including Vancouver Excellence in Real Estate, Top agent Magazines, and more. Anna is also highly ranked in multiple cities across RATE-MY-AGENT.

Anna’s professionalism, expertise and knowledge is the reason why the majority of her business today consists of referral or repeat customers.  

About the team: BC PRIME REALTY GROUP is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.

BC PRIME REALTY GROUP values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.

BC PRIME GROUP is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers. 

MEET TEAM MEMBERS

Listings  | Selling a Home  | Home Evaluation  | Moving to BC  | Investors 

Market Statistics  | Customized Market Insights  

Read
Categories:   #listing | #MaketherightMovewithAnnaLitvak #bcprimerealestategroup #liveincoquitlambc | Agassiz Real Estate | Agassiz, Agassiz Real Estate | Belcarra, Port Moody Real Estate | Brentwood Park, Burnaby North Real Estate | Brighouse South, Richmond Real Estate | Brighouse, Richmond Real Estate | Burke Mountain, Coquitlam Real Estate | burnaby | Burnaby North Real Estate | Canyon Springs, COQ Real Estate | Canyon Springs, Coquitlam Real Estate | Central Pt Coquitlam, Port Coquitlam Real Estate | Clayton, Cloverdale Real Estate | College Park PM, Port Moody Real Estate | Collingwood VE, Vancouver East Real Estate | Coquitlam East, Coquitlam Real Estate | Coquitlam West, Coquitlam Real Estate | Cottonwood MR, Maple Ridge Real Estate | covid | Downtown NW, New Westminster Real Estate | Downtown VW, Vancouver West Real Estate | Eagle Ridge CQ, Coquitlam Real Estate | East Central, Maple Ridge Real Estate | Edmonds BE, Burnaby East Real Estate | Fairview VW, Vancouver East Real Estate | Fairview VW, Vancouver West Real Estate | fleetwood, Surrey Real Estate | Fraserview NW, New Westminster Real Estate | GlenBrooke North, New Westminster Real Estate | Government Road, Burnaby North Real Estate | Grandview Surrey, South Surrey White Rock Real Estate | Guildford, North Surrey Real Estate | Hamilton RI, Richmond Real Estate | Hastings, Vancouver East Real Estate | Heritage Mountain, Port Moody Real Estate | Heritage Woods PM, Port Moody Real Estate | King George Corridor, South Surrey White Rock Real Estate | Knight, Vancouver East Real Estate | Langley City, Langley Real Estate | Lincoln Park PQ, Port Coquitlam Real Estate | Lynn Valley, North Vancouver Real Estate | march2020 | Mary Hill, Port Coquitlam Real Estate | Metrotown, Burnaby South Real Estate | Mission BC, Mission Real Estate | Montecito, Burnaby North Real Estate | monthlyupdate | New Horizons, Coquitlam Real Estate | newsletter | North Coquitlam, Coquitlam Real Estate | Oxford Heights, Port Coquitlam Real Estate | Park Ridge Estates, Coquitlam Real Estate | Pemberton NV, North Vancouver Real Estate | Port Moody Centre, Port Moody Real Estate | Queen Mary Park Surrey, Surrey Real Estate | River Springs, Coquitlam Real Estate | Riverdale RI, Richmond Real Estate | Riverwood, Port Coquitlam Real Estate | Salmon River, Langley Real Estate | Scott Creek, Coquitlam Real Estate | South Meadows, Pitt Meadows Real Estate | South Slope, Burnaby South Real Estate | Sullivan Heights, Burnaby North Real Estate | Sunshine Hills Woods, N. Delta Real Estate | Uptown NW, New Westminster Real Estate | Victoria VE, Vancouver East Real Estate | Walnut Grove, Langley Real Estate | Westwood Plateau, Coquitlam Real Estate | Whalley, North Surrey Real Estate | Willoughby Heights, Langley Real Estate | Woodland Acres PQ, Port Coquitlam Real Estate | Woodwards, Richmond Real Estate
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.