News Release

FOR IMMEDIATE RELEASE

Balanced real estate market prevailed through much of 2011

VANCOUVER, B.C. January 4, 2012 The 2011 Greater Vancouver housing market began with heightened demand in
regional hot spots and concluded with greater balance between seller supply and buyer demand.
The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2011 reached 32,390, a 5.9 per cent increase from the 30,595 sales recorded in 2010, and a 9.2 per cent decrease
from the 35,669 residential sales in 2009. Last years home sale total was 6.3 per cent below the ten-year average for annual
Multiple Listing Service (MLS) sales in the region.
The number of residential properties listed for sale on the MLS in Greater Vancouver increased 2.7 per cent in 2011 to
59,549 compared to the 58,009 properties listed in 2010. Looking back further, last years total represents a 12.8 per cent
increase compared to the 52,869 residential properties listed in 2009. Last years listing total was 11.1 per cent above the tenyear average for annual Multiple Listing Service (MLS) property listings in the region.
It was a relatively balanced year for the real estate market in Greater Vancouver with listing totals slightly above historical
norms and sale numbers slightly below, Rosario Setticasi, REBGV president said.
Residential property sales in Greater Vancouver totalled 1,658 in December 2011, a decrease of 12.7 per cent from the 1,899
sales recorded in December 2010 and a 29.7 per cent decline compared to November 2011 when 2,360 home sales occurred.
More broadly, last months residential sales represent a 34.1 per cent decrease over the 2,515 residential sales in December
2009, a 79.4 per cent increase compared to December 2008s 924 sales, and a 12.6 per cent decrease compared to the 1,897
sales in December 2007.
The overall residential benchmark price, as calculated by the MLSLink Housing Price Index, for Greater Vancouver
increased 7.6 per cent to $621,674 between Decembers 2010 and 2011. However, prices have decreased 1.5 per cent since
hitting a peak of $630,921 in June 2011.
Our market remained in a balanced state for most of the year, although higher levels of demand for detached properties in
the regions largest communities caused prices in certain areas to rise higher than others, Setticasi said. For example, the
benchmark price of a single-family detached home experienced double-digit increases in nine areas within the region over
the last 12 months.
New listings for detached, attached and apartment properties in Greater Vancouver totalled 1,629 in December 2011. This
represents a 4.1 per cent decline compared to the 1,699 units listed in December 2010 and a 49.4 per cent decline compared
to November 2011 when 3,222 properties were listed.
Sales of detached properties in December 2011 reached 630, a decrease of 18.1 per cent from the 769 detached sales recorded in December 2010, and a 30.2 per cent decrease from the 902 units sold in December 2009. The benchmark price for
detached properties increased 11.2 per cent from December 2010 to $887,471.
Sales of apartment properties reached 774 in December 2011, a decline of 4.6 per cent compared to the 811 sales in
December 2010, and a decrease of 32.9 per cent compared to the 1,154 sales in December 2009.The benchmark price of an
apartment property increased 3.7 per cent from December 2010 to $401,396.
Attached property sales in December 2011 totalled 254, a decline of 20.4 per cent compared to the 319 sales in December
2010, and a 44.7 per cent decrease from the 459 attached properties sold in December 2009. The benchmark price of an attached unit increased 4.2 per cent between December 2010 and 2011 to $511,499.
-30The real estate industry is a key economic driver in British Columbia. In 2010, 30,595 homes changed ownership in the Board's area, generating
$1.28 billion in spin-off activity and 8,567 jobs. The total dollar value of residential sales transacted through the MLS system in Greater Vancouver totalled $21 billion in 2010. The Real Estate Board of Greater Vancouver is an association representing more than 10,000 REALTORS and
their companies. The Board provides a variety of member services, including the Multiple Listing Service. For more information on real estate,
statistics, and buying or selling a home, contact a local REALTOR or visit www.rebgv.org.

For more information please contact:

Craig Munn, Assistant Manager, Communications
Real Estate Board of Greater Vancouver
Phone: (604) 730-3146 Fax: (604) 730-3102
E-mail: cmunn@rebgv.org

also available at www.realtylink.org

MLSLINK HOUSING PRICE INDEX

Preliminary Report

December 2011
PROPERTY
TYPE
Residential
Detached

Attached

AREA
Greater Vancouver
Greater Vancouver
Burnaby
Coquitlam
South Delta
Maple Ridge
New Westminster
North Vancouver
Pitt Meadows
Port Coquitlam
Port Moody
Richmond
Squamish
Sunshine Coast
Vancouver East
Vancouver West
West Vancouver
Greater Vancouver
Burnaby
Coquitlam
South Delta
Maple Ridge & Pitt Meadows

Apartment

North Vancouver
Port Coquitlam
Port Moody
Richmond
Vancouver East
Vancouver West
Greater Vancouver
Burnaby
Coquitlam
South Delta
Maple Ridge & Pitt Meadows

New Westminster
North Vancouver
Port Coquitlam
Port Moody
Richmond
Vancouver East
Vancouver West
West Vancouver

BENCHMARK PRICE 3 MONTH AVG PRICE 1 YEAR

3 YEAR
5 YEAR 10 YEAR
PRICE
RANGE BENCHMARK INDEX CHANGE CHANGE CHANGE CHANGE
(+/-)
PRICE
%
%
%
%
$621,674
0.8%
$622,239
262.6
7.6
28.4
29.9
155.9
$887,471
1.6%
$887,485
262.1
11.2
36.9
37.9
159.8
$926,663
2.7%
$911,835
272.8
14.4
44.5
40.3
164.3
$674,792
5.4%
$691,187
237.4
1.8
15.9
19.1
130.9
$724,903
6.0%
$715,306
236.9
13.1
27.7
25.7
136.7
$464,849
3.7%
$452,675
212.1
8.2
17.7
11.4
104.8
$607,819
11.3%
$649,694
250.5
1.4
21.8
23.5
142.8
$977,579
3.1%
$972,040
244.2
13.3
34.2
32.5
140.1
$504,142
11.0%
$519,462
206.9
0.1
14.7
11.0
103.8
$555,876
9.8%
$552,713
234.9
-1.9
5.9
18.0
121.7
$933,068
11.3%
$811,952
280.5
34.0
69.6
37.3
183.4
$1,073,864
3.4%
$1,070,170
317.0
11.0
56.2
68.2
203.6
$457,658
15.4%
$487,466
173.8
-7.3
-11.6
9.3
55.8
$412,020
8.2%
$398,976
234.4
5.6
4.3
4.5
123.3
$845,771
2.4%
$855,121
286.5
14.2
45.9
42.6
185.0
$1,990,958
4.2%
$2,006,529
330.4
20.7
70.9
81.2
231.7
$1,689,043
5.6%
$1,714,376
248.8
15.8
44.5
39.3
173.7
$511,499
1.2%
$513,971
248.1
4.2
20.8
24.7
139.8
$497,773
1.9%
$500,090
249.4
0.7
20.9
27.8
144.7
$458,610
4.1%
$462,811
247.4
9.5
20.0
20.8
125.0
$454,599
6.1%
$473,670
243.4
-5.6
14.5
19.9
142.8
$310,942
3.2%
$306,752
215.7
4.2
3.5
8.9
112.7
$615,615
3.9%
$640,377
240.9
3.4
21.6
15.7
133.5
$397,073
3.1%
$405,795
218.3
0.3
11.6
11.0
111.8
$411,233
4.5%
$409,474
245.4
0.2
9.7
9.9
142.9
$544,594
2.2%
$545,110
262.6
4.8
28.2
39.6
150.9
$556,222
4.7%
$556,018
260.1
6.6
19.9
25.5
149.9
$833,361
4.4%
$826,838
297.4
8.6
36.7
35.4
185.5
$401,396
0.7%
$401,261
261.1
3.7
20.4
21.7
152.4
$361,661
1.4%
$366,024
270.3
2.5
21.9
23.9
162.5
$286,714
2.2%
$294,547
244.5
-1.9
17.8
12.7
134.4
$369,287
5.8%
$380,733
240.5
5.6
14.0
25.9
132.5
$229,512
3.4%
$232,185
243.7
-1.0
4.1
-3.9
105.4
$306,313
2.1%
$305,221
248.8
3.7
18.1
19.6
145.2
$387,754
2.5%
$384,273
246.7
4.8
16.4
12.2
154.6
$242,141
3.0%
$243,722
283.6
-3.9
9.0
9.6
179.4
$313,607
3.2%
$309,936
267.6
6.6
12.4
17.4
156.1
$352,290
1.7%
$354,754
286.3
1.7
26.2
28.8
179.1
$349,640
2.7%
$342,143
286.2
7.5
21.5
30.3
175.3
$519,474
1.4%
$516,292
264.2
4.6
22.4
23.0
151.3
$653,804
10.4%
$676,450
234.6
11.3
13.6
21.4
126.6

HOW TO READ THE TABLE:

BENCHMARK PRICE: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market.
PRICE RANGE: Expresed as a + or - percentage of the benchmark price, there is a 90% probability the sale price of a benchmark house is within the interval.
PRICE INDEX: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales.
In Year 2001, the indexes are averaged to 100
Key: * = Sales sample too small; Price information not reported.

Dec 2011
Aug 2011
Apr 2011
Dec 2010
Aug 2010
Apr 2010

Apr 2009
Apartment

Dec 2008
Aug 2008
Apr 2008
Dec 2007
Aug 2007

Attached

Apr 2007
Dec 2006
Aug 2006
Apr 2006
Dec 2005

Detached

Aug 2005
Apr 2005
Dec 2004
Aug 2004
Apr 2004
Dec 2003
Aug 2003
Dec 2002
Aug 2002
Apr 2002
80

100

120

140

160

180

200

220

240

Dec 2001
260

Year 2001 average = 100

Apr 2003

280

C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif
MLS Housing

Aug 2009

Price Index

Price Index - Greater Vancouver

10 Year Trend

Dec 2009

Median
Selling
Price

Number
of
Sales

Median
Selling
Price

Number
of
Sales

Median
Selling
Price

Number
of
Sales

Median
Selling
Price

Number
of
Sales

Median
Selling
Price

$778,000

$473,000

$345,000

Apartment

781

Attached

Attached

1,078

Detached

Detached

$352,750

Apartment

1,770

$488,500

Apartment

$898,000

861

Attached

Attached

1,282

Detached

Detached

$348,000

Apartment

1,827

$457,500

Attached

Apartment

$789,750

49

Attached

Detached

74

Detached

110

$355,000

Apartment

Apartment

$470,000

82

Attached

$895,000

84

Detached

Attached

$322,175

Apartment

Detached

$478,950

Attached

120

$895,000

Detached

Apartment

104

40

Attached

Apartment

65

Detached

84

Coquit
lam
$275,000

$457,450

$653,000

688

398

1,039

$294,500

$456,000

$709,000

714

523

1,339

$277,500

$350,500

$670,000

48

31

61

$319,000

$533,000

$700,000

55

32

89

$329,000

$485,000

$719,900

44

21

Delta South
$326,500

$420,000

$633,500

176

85

472

$336,000

$436,000

$660,000

149

87

592

n/a

n/a

$620,000

24

n/a

n/a

$650,000

26

n/a

n/a

n/a

18

Islands
- Gulf
n/a

n/a

$417,000

31

n/a

n/a

$595,000

34

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

$231,000

$302,576

$482,000

260

438

1,103

$215,000

$304,000

$481,759

313

485

1,148

$219,500

$290,000

$444,875

20

29

64

$248,250

$291,298

$470,900

38

40

93

$205,900

$286,000

$490,000

37

21

n/a

n/a

62

$292,000

$413,000

$592,500

850

89

325

$301,000

$410,750

$630,000

886

132

329

$316,000

n/a

$635,000

61

25

$301,000

n/a

$712,000

63

20

$295,000

Maple
R
id
g
e/Pitt M
eadow
s
72

$375,000

$581,000

$870,000

862

347

944

$365,000

$635,000

$930,000

895

386

1,191

$378,500

n/a

$823,000

46

14

49

$349,858

$671,200

$962,000

80

45

76

$380,000

n/a

$982,000

62

17

53

North
Vanco
uver

Note: Median Selling Prices are not reported for areas with less than 20 sales or for the Gulf Islands

Year-to-date

Jan. Dec. 2010

Year-to-date

Jan. Dec. 2011

December
2010

November
2011

December
2011

Number
of
Sales

December
2011

2011

Port C
oquitla
m
$235,000

$373,500

$525,000

310

261

428

$240,000

$390,000

$542,650

294

237

453

n/a

$355,500

$472,000

14

26

29

$220,000

n/a

$583,000

23

17

39

n/a

n/a

n/a

18

16

16

Port M
oody/B
elcarra
$345,000

$449,950

$765,500

294

202

230

$335,000

$427,000

$786,250

279

246

234

n/a

n/a

n/a

14

14

17

$322,500

$426,000

n/a

23

27

18

n/a

n/a

n/a

18

18

14

Richm
ond
$335,800

$495,000

$840,000

1,863

1,133

1,726

$350,400

$540,650

$990,000

1,542

1,013

1,707

$338,400

$528,500

$940,000

136

72

130

$336,500

$530,000

$948,500

95

76

101

$346,000

$499,000

$965,000

75

41

62

$257,250

$365,000

$496,750

66

101

172

$239,500

$353,710

$490,000

40

90

188

n/a

n/a

n/a

11

n/a

n/a

$536,000

20

n/a

n/a

n/a

12

Squam
ish

18

$226,000

$272,500

$412,500

44

62

505

$300,000

$272,500

$392,000

53

41

451

n/a

n/a

$408,250

32

n/a

n/a

$369,250

34

n/a

n/a

$370,000

23

Sunsh
ine Co
ast

12

Burnab

er
New W
estmin
st

Vanco
uver E
ast
$327,250

$563,000

$743,000

1,195

436

1,628

$342,500

$600,000

$825,000

1,156

411

1,819

$342,000

n/a

$745,000

59

14

85

$320,000

$585,000

$851,000

101

30

112

$320,500

n/a

$823,500

51

15

95

Vanco
uver W
est
$462,000

$774,279

$1,693,500

4,456

700

1,767

$485,000

$860,000

$2,075,000

4,421

733

1,986

$457,943

$795,900

$1,850,000

269

46

116

$465,000

$778,500

$2,155,500

360

48

121

$474,000

$750,000

$2,075,000

262

31

62

$687,500

$998,000

$1,485,000

170

79

715

$730,000

$1,119,500

$1,780,000

209

60

1,163

n/a

n/a

$1,575,000

12

50

n/a

n/a

$1,822,500

14

66

n/a

n/a

$1,600,000

11

38

107

167

113

n/a

n/a

n/a

10

14

n/a

n/a

n/a

16

16

15

n/a

n/a

n/a

13

13

10

$305,000

$515,000

$834,500

83

145

88

$235,000

$555,000

$845,000

Sound
Wes
t
V
a
n
couve
r/Howe

MLS SALES Facts

Whistl
er/Pem
berton
n/a

13,087

5,257

12,251

n/a

12,885

5,473

14,029

n/a

811

319

769

n/a

1,000

444

916

n/a

774

254

630

% Sales to
Listings

Number
of
Listings

% Sales to
Listings

Number
of
Listings

% Sales to
Listings

Number
of
Listings

% Sales to
Listings

Number
of
Listings

% Sales to
Listings

105%

101%

103

80

Attached

Apartment

Detached

Attached

55%

59%

54%

Apartment

1,314

Attached

Attached

1,960

Detached

Detached

58%

Apartment

3,252

62%

Apartment

62%

Attached

1,399

Attached

Detached

2,075

Detached

3,158

109%

Apartment

Apartment

148%

Attached

Attached

161%

33

Detached

Detached

46

Apartment

101

65%

Attached

Apartment

82%

103%

Detached

184

98%

Detached

Apartment

103

38

Attached

Apartment

66

Detached

Coquit
lam
47%

53%

51%

1,469

753

2,048

47%

62%

61%

1,517

844

2,195

109%

111%

86%

44

28

71

56%

67%

72%

99

48

124

81%

105%

135%

54

20

62

Delta South
66%

59%

57%

267

143

834

59%

68%

69%

254

128

852

140%

100%

92%

26

57%

100%

100%

14

26

90%

233%

106%

10

17

Islands
- Gulf
0%

0%

17%

20

179

0%

25%

21%

10

160

n/a

0%

0%

n/a

0%

25%

n/a

n/a

0%

39%

56%

49%

666

783

2,267

48%

65%

51%

658

746

2,259

118%

138%

91%

17

21

70

51%

111%

74%

75

36

125

206%

140%

131%

18

15

55

Maple
R
id
g
e/Pitt M
eadow
s
52%

73%

61%

1,635

122

535

57%

65%

69%

1,549

202

476

85%

0%

179%

72

14

82%

113%

87%

77

23

107%

300%

60%

58

10

* Year-to-date listings represent a cumulative total of listings rather than total active listings.

Year-to-date*

Jan. Dec. 2010

Year-to-date*

Jan. Dec. 2011

December
2010

November
2011

December
2011

Number
of
Listings

December
2011

2011

North
Vanco
uver
49%

55%

56%

1,758

636

1,697

52%

65%

66%

1,712

595

1,799

82%

100%

223%

56

14

22

90%

188%

103%

89

24

74

127%

170%

166%

49

10

32

Port C
oquitla
m
46%

59%

54%

672

445

790

42%

61%

64%

707

390

706

88%

118%

132%

16

22

22

92%

65%

103%

25

26

38

82%

133%

100%

22

12

16

Port M
oody/B
elcarra
42%

55%

50%

693

369

462

46%

61%

50%

603

404

466

70%

156%

283%

20

70%

123%

62%

33

22

29

180%

200%

127%

10

11

Richm
ond
58%

67%

60%

3,219

1,698

2,867

50%

53%

46%

3,110

1,924

3,688

101%

185%

117%

135

39

111

53%

73%

65%

178

104

155

74%

75%

73%

102

55

85

Squam
ish
36%

43%

40%

185

234

431

16%

44%

41%

245

206

459

100%

20%

100%

10

11

43%

32%

77%

19

26

60%

88%

100%

10

12

47%

52%

40%

94

120

1,269

29%

45%

38%

181

92

1,187

100%

67%

84%

38

17%

150%

58%

59

17%

25%

92%

12

25

Sunsh
ine Co
ast

18

56%

59%

57%

2,121

737

2,870

55%

63%

63%

2,095

657

2,899

111%

117%

113%

53

12

75

88%

70%

74%

115

43

152

82%

250%

127%

62

75

Vanco
uver E
ast

12

Burnab

er
New W
estmin
st

Vanco
uver W
est
51%

50%

59%

8,783

1,411

3,005

53%

55%

55%

8,302

1,340

3,589

126%

131%

143%

214

35

81

73%

54%

74%

496

89

164

120%

119%

70%

218

26

89

Sound
45%

53%

47%

375

148

1,537

57%

50%

59%

368

120

1,975

300%

100%

143%

35

78%

200%

71%

18

93

138%

0%

109%

35

Wes
t
V
a
n
couve
r/Howe

MLS LISTINGS Facts

22%

36%

25%

377

408

348

25%

35%

33%

420

474

340

32%

40%

12%

31

35

17

47%

47%

54%

34

34

28

38%

54%

38%

34

24

26

Whistl
er/Pem
berton
n/a

25,569

9,341

23,099

n/a

24,889

9,525

25,125

n/a

773

275

651

n/a

1,450

545

1,227

n/a

770

237

622

Listing & Sales Activity Summary

Listings

Sales

1
Dec
2010

2
Nov
2011

3
Dec
2011

5
Dec
2010

6
Nov
2011

7
Dec
2011

46
33
101

103
80
184

66
38
103

-35.9
-52.5
-44.0

74
49
110

84
82
120

65
40
104

-22.6
-51.2
-13.3

241
161
382

242
183
346

0.4
13.7
-9.4

71
28
44

124
48
99

62
20
54

-50.0
-58.3
-45.5

61
31
48

89
32
55

84
21
44

-5.6
-34.4
-20.0

238
88
157

258
83
156

8.4
-5.7
-0.6

26
2
5

26
5
14

17
3
10

-34.6
-40.0
-28.6

24
2
7

26
5
8

18
7
9

-30.8
40.0
12.5

98
13
45

79
18
30

-19.4
38.5
-33.3

70
21
17

125
36
75

55
15
18

-56.0
-58.3
-76.0

64
29
20

93
40
38

72
21
37

-22.6
-47.5
-2.6

223
89
54

250
97
93

12.1
9.0
72.2

22
14
56

74
24
89

32
10
49

-56.8
-58.3
-44.9

49
14
46

76
45
80

53
17
62

-30.3
-62.2
-22.5

209
57
197

221
87
228

5.7
52.6
15.7

14
6
72

23
8
77

10
2
58

-56.5
-75.0
-24.7

25
0
61

20
9
63

6
6
62

-70.0
-33.3
-1.6

90
13
189

55
22
192

-38.9
69.2
1.6

6
9
20

29
22
33

11
9
10

-62.1
-59.1
-69.7

17
14
14

18
27
23

14
18
18

-22.2
-33.3
-21.7

54
40
65

50
71
62

-7.4
77.5
-4.6

22
22
16

38
26
25

16
12
22

-57.9
-53.8
-12.0

29
26
14

39
17
23

16
16
18

-59.0
-5.9
-21.7

88
73
56

90
52
65

2.3
-28.8
16.1

111
39
135

155
104
178

85
55
102

-45.2
-47.1
-42.7

130
72
136

101
76
95

62
41
75

-38.6
-46.1
-21.1

423
238
419

269
180
264

-36.4
-24.4
-37.0

38
6
1

59
2
6

25
4
12

-57.6
100.0
100.0

32
4
1

34
3
1

23
1
2

-32.4
-66.7
100.0

110
17
6

89
4
8

-19.1
-76.5
33.3

11
10
4

26
19
7

12
8
10

-53.8
-57.9
42.9

11
2
4

20
6
3

12
7
6

-40.0
16.7
100.0

37
16
15

48
19
10

29.7
18.8
-33.3

75
12
53

152
43
115

75
6
62

-50.7
-86.0
-46.1

85
14
59

112
30
101

95
15
51

-15.2
-50.0
-49.5

342
86
233

333
82
251

-2.6
-4.7
7.7

81
35
214

164
89
496

89
26
218

-45.7
-70.8
-56.0

116
46
269

121
48
360

62
31
262

-48.8
-35.4
-27.2

438
153
958

303
124
949

-30.8
-19.0
-0.9

17
35
31

28
34
34

26
24
34

-7.1
-29.4
0.0

2
14
10

15
16
16

10
13
13

-33.3
-18.8
-18.8

20
39
27

31
46
40

55.0
17.9
48.1

35
2
4

93
4
18

35
5
8

-62.4
25.0
-55.6

50
2
12

66
8
14

38
0
11

-42.4
-100.0
-21.4

178
20
44

194
12
38

9.0
-40.0
-13.6

645
274
773

1219
544
1450

616
237
770

-49.5
-56.4
-46.9

769
319
811

914
444
1000

630
254
774

-31.1
-42.8
-22.6

2789
1103
2847

2512
1080
2732

-9.9
-2.1
-4.0

BURNABY
DETACHED
ATTACHED
APARTMENTS

Col. 2 & 3
Percentage
Variance

Col. 6 & 7
Percentage
Variance

9
Oct 2010 Dec 2010

10
Oct 2011 Dec 2011

Col. 9 & 10
Percentage
Variance

COQUITLAM
DETACHED
ATTACHED
APARTMENTS

DELTA
DETACHED
ATTACHED
APARTMENTS

MAPLE RIDGE/PITT MEADOWS

DETACHED
ATTACHED
APARTMENTS

NORTH VANCOUVER
DETACHED
ATTACHED
APARTMENTS

NEW WESTMINSTER
DETACHED
ATTACHED
APARTMENTS

PORT MOODY/BELCARRA
DETACHED
ATTACHED
APARTMENTS

PORT COQUITLAM
DETACHED
ATTACHED
APARTMENTS

RICHMOND
DETACHED
ATTACHED
APARTMENTS

SUNSHINE COAST
DETACHED
ATTACHED
APARTMENTS

SQUAMISH
DETACHED
ATTACHED
APARTMENTS

VANCOUVER EAST
DETACHED
ATTACHED
APARTMENTS

VANCOUVER WEST
DETACHED
ATTACHED
APARTMENTS

WHISTLER
DETACHED
ATTACHED
APARTMENTS

WEST VANCOUVER/HOWE SOUND

DETACHED
ATTACHED
APARTMENTS

GRAND TOTALS
DETACHED
ATTACHED
APARTMENTS

200

400

600

800

1000

1200

1400

DETACHED

CONDOMINIUM

ATTACHED

APARTMENTS

$443,652

$511,948

$1,064,249

NOTE: From 1977 - 1984 condominium averages were not separated into attached & apartment.

1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

IN THOUSANDS ($)

Residential Average Sale Prices - January 1977 to December 2011