2021 Q4

Greater Vancouver ICI Land Sales Market Report

Klein | Reports | 2021 - Q4 Commercial ICI Land Market Report
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Sources: Real Estate Board of Greater Vancouver, Commercial Edge; Canadian Real Estate Association, MLS®; Altus Group; Statistics Canada; Landcor; RealNet.

Disclaimer: Data has been obtained from sources considered to be reliable. However, no representation or warranty, expressed or implied, is made as to the accuracy of any of the information, projections or conclusions contained  herein, and the same is submitted subject to errors and omissions, without any obligation to update or correct.

Table Of COntents

Highlights

How ICI Land properties have responded to the market.

100
2021 Q4 Sales Transactions
$110B
2021 Q4 Sales Volume
440

Largest Market Share - City

2021 Q4

Greater Vancouver Overview

Total Sales & Transaction Volume
20172018201920202021
Sales$ Volume %Sales$ Volume%Sales$ Volume%Sales $ Volume%Sales$ Volume%
Burnaby7$ 36,263,8084%9$ 38,497,0004%6$ 40,183,6009%5$ 16,105,0003%7$ 81,840,0009%
Coquitlam10$ 25,679,0003%8$ 76,207,0009%4$ 11,827,0003%6$ 101,005,00017%5$ 81,705,0009%
New Westminster2$ 2,204,8220%0$ 00%5$ 12,415,0003%0$ 00%1$ 5,000,0001%
North Vancouver9$ 237,341,51123%2$ 5,299,5701%2$ 13,150,0003%1$ 58,550,75810%1$ 2,450,0000%
Port Coquitlam10$ 43,140,9984%6$ 27,489,0003%5$ 87,840,00020%5$ 29,865,6005%2$ 24,330,0003%
Port Moody0$ 00%1$ 1,081,9050%4$ 16,174,7004%1$ 2,750,0000%2$ 1,880,0000%
Richmond44$ 188,597,96319%37$ 185,771,00921%19$ 120,677,80027%16$ 64,275,88811%26$ 112,844,61012%
Vancouver38$ 481,377,00147%33$ 547,754,00562%11$ 140,261,90032%16$ 324,544,29754%24$ 626,157,49667%
Grand Total120$ 1,014,605,103100%96$ 882,099,489100%56$ 442,530,000100%50$ 597,096,543100%56$ 936,207,106100%
2017
Burnaby7$ 36,263,8084%
Coquitlam10$ 25,679,0003%
New Westminster2$ 2,204,8220%
North Vancouver9$ 237,341,51123%
Port Coquitlam10$ 43,140,9984%
Port Moody0$ 00%
Richmond44$ 188,597,96319%
Vancouver38$ 481,377,00147%
Grand Total120$ 1,014,605,103100%
2018
Burnaby9$ 38,497,0004%
Coquitlam8$ 76,207,0009%
New Westminster0$ 00%
North Vancouver2$ 5,299,5701%
Port Coquitlam6$ 27,489,0003%
Port Moody1$ 1,081,9050%
Richmond37$ 185,771,00921%
Vancouver33$ 547,754,00562%
Grand Total96$ 882,099,489100%
2019
Burnaby6$ 40,183,6009%
Coquitlam4$ 11,827,0003%
New Westminster5$ 12,415,0003%
North Vancouver2$ 13,150,0003%
Port Coquitlam5$ 87,840,00020%
Port Moody4$ 16,174,7004%
Richmond19$ 120,677,80027%
Vancouver11$ 140,261,90032%
Grand Total56$ 442,530,000100%
2020
Burnaby5$ 16,105,0003%
Coquitlam6$ 101,005,00017%
New Westminster0$ 00%
North Vancouver1$ 58,550,75810%
Port Coquitlam5$ 29,865,6005%
Port Moody1$ 2,750,0000%
Richmond16$ 64,275,88811%
Vancouver16$ 324,544,29754%
Grand Total50$ 597,096,543100%
2021
Burnaby7$ 81,840,0009%
Coquitlam5$ 81,705,0009%
New Westminster1$ 5,000,0001%
North Vancouver1$ 2,450,0000%
Port Coquitlam2$ 24,330,0003%
Port Moody2$ 1,880,0000%
Richmond26$ 112,844,61012%
Vancouver24$ 626,157,49667%
Grand Total56$ 936,207,106100%
$ Volume And Number Of Transactions
Row LabelsVolumeTransactions
2017
Qtr1323692806.338
Qtr2247393094.928
Qtr319280740122
Qtr425071180132
2018
Qtr116022220124
Qtr228654088829
Qtr333049314524
Qtr410484325519
2019
Qtr18790550011
Qtr217851470020
Qtr38710270015
Qtr48900710010
2020
Qtr118017644417
Qtr2412219050122
Qtr3159685270.551
Qtr4203720211.2213
2021
Qtr118045800016
Qtr215696000015
Qtr325873688819
Qtr4340052218.4318
ICI Land Market Share

ICI Land Specialists

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