Ladner continues as one of Metro Vancouver’s hot spots based on September numbers released by the Real Estate Board of Greater Vancouver (REBGV).
The benchmark price for a detached single family home in Ladner last month was $1,314,400, up 2.1 per cent from the previous month. Only North Vancouver (2.6) and the Sunshine Coast (2.4) saw a bigger increase within the REBGV region.
The benchmark price for a Tsawwassen home in September was $1,409,800, an increase of 0.3 per cent from August.
The benchmark price for a townhouse in Ladner was $774,400 (1.3 per cent increase) while Tsawwassen went up 0.8 per cent at $856,700.
The benchmark for a condo in Tsawwassen and Ladner was $635,100 and $574,100 respectively.
The REBGV notes home sale activity remains elevated across Metro Vancouver’s housing market while the pace of homes being listed for sale continues to follow long-term averages.
Residential home sales in the region totalled 3,149 in September, a 13.6 per cent decrease from the 3,643 sales recorded in September 2020, and a 0.1 per cent decrease from the 3,152 homes sold in August 2021. There were 5,171 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in September 2021. This represents a 19.2 per cent decrease compared to the 6,402 homes listed in September 2020 and a 28.2 per cent increase compared to August 2021 when 4,032 homes were listed.
According to the Fraser Valley Real Estate Board, the benchmark single-detached house in North Delta was $1,228,900 in September, an increase of 1.7 per cent from the previous month. The benchmark for townhomes and condos also rose to $689,100 (1.3 per cent) and $405,700 (1.0 per cent) respectively from August.
Across Fraser Valley, in September, the average number of days to sell a single-family detached home was 26 and a townhome was 19 days. Apartments took, on average, 26 days to sell.
