2021 Q4

Greater Vancouver Land Sales Market Report

Klein | Reports | 2021 - Q4 Commercial Residential Land Market Report
Download
Print
Download
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 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%
Burnaby35$ 662,383,33019%41$ 875,084,97420%18$ 364,258,94926%7$ 60,804,7508%20$ 316,088,00014%
Coquitlam96$ 783,413,06422%50$ 408,153,5329%50$ 200,561,37714%15$ 122,058,66915%35$ 571,200,62225%
New Westminster24$ 52,096,1701%23$ 66,951,2232%7$ 18,817,0091%3$ 5,611,0001%8$ 25,239,2321%
North Vancouver41$ 229,064,8406%37$ 373,517,4089%18$ 119,531,0009%10$ 74,197,0009%20$ 159,969,1777%
Port Coquitlam11$ 39,877,2221%8$ 16,573,9000%8$ 12,008,0101%8$ 11,516,0001%21$ 63,770,0003%
Port Moody16$ 104,512,8143%17$ 74,847,0632%5$ 39,970,0013%7$ 42,150,0005%2$ 11,175,0000%
Richmond50$ 406,394,50011%37$ 524,901,23112%16$ 76,701,7906%9$ 96,488,80812%21$ 407,084,00018%
Vancouver108$ 1,296,694,93236%115$ 1,988,697,54746%68$ 538,236,26039%49$ 369,143,75047%72$ 727,938,40932%
West Vancouver0$ 00%3$ 20,987,1860%2$ 17,375,0001%1$ 6,000,0001%1$ 5,875,0000%
Grand Total381$ 3,574,436,872100%331$ 4,349,714,063100%192$ 1,387,459,396100%109$ 787,969,977100%200$ 2,288,339,440100%
2017
Burnaby35$ 662,383,33019%
Coquitlam96$ 783,413,06422%
New Westminster24$ 52,096,1701%
North Vancouver41$ 229,064,8406%
Port Coquitlam11$ 39,877,2221%
Port Moody16$ 104,512,8143%
Richmond50$ 406,394,50011%
Vancouver108$ 1,296,694,93236%
West Vancouver0$ 00%
Grand Total381$ 3,574,436,872100%
2018
Burnaby41$ 875,084,97420%
Coquitlam50$ 408,153,5329%
New Westminster23$ 66,951,2232%
North Vancouver37$ 373,517,4089%
Port Coquitlam8$ 16,573,9000%
Port Moody17$ 74,847,0632%
Richmond37$ 524,901,23112%
Vancouver115$ 1,988,697,54746%
West Vancouver3$ 20,987,1860%
Grand Total331$ 4,349,714,063100%
2019
Burnaby18$ 364,258,94926%
Coquitlam50$ 200,561,37714%
New Westminster7$ 18,817,0091%
North Vancouver18$ 119,531,0009%
Port Coquitlam8$ 12,008,0101%
Port Moody5$ 39,970,0013%
Richmond16$ 76,701,7906%
Vancouver68$ 538,236,26039%
West Vancouver2$ 17,375,0001%
Grand Total192$ 1,387,459,396100%
2020
Burnaby7$ 60,804,7508%
Coquitlam15$ 122,058,66915%
New Westminster3$ 5,611,0001%
North Vancouver10$ 74,197,0009%
Port Coquitlam8$ 11,516,0001%
Port Moody7$ 42,150,0005%
Richmond9$ 96,488,80812%
Vancouver49$ 369,143,75047%
West Vancouver1$ 6,000,0001%
Grand Total109$ 787,969,977100%
2021
Burnaby20$ 316,088,00014%
Coquitlam35$ 571,200,62225%
New Westminster8$ 25,239,2321%
North Vancouver20$ 159,969,1777%
Port Coquitlam21$ 63,770,0003%
Port Moody2$ 11,175,0000%
Richmond21$ 407,084,00018%
Vancouver72$ 727,938,40932%
West Vancouver1$ 5,875,0000%
Grand Total200$ 2,288,339,440100%
$ Volume And Number Of Transactions
Row Labels$ VolumeTransactions
20173574436871.88381
Qtr127352978638
Qtr270214909782
Qtr3992829571.88124
Qtr41605928417137
20184349714063.45331
Qtr1737429295.865
Qtr2119449383997
Qtr31261843855.8591
Qtr41155947072.878
20191387459396.3192
Qtr129904885755
Qtr234785676052
Qtr327237082045
Qtr4468182959.340
2020787969976.65109
Qtr118615975029
Qtr2170317714.633
Qtr321105180824
Qtr4220440704.0523
20212288339439.6200
Qtr1101780775.9920
Qtr243689758166
Qtr3484672098.676
Qtr41264988984.0138
Land Market Share
Enter your email to receive this pre-release Market Report emailed directly to you each Quarter.
Get this Market Report emailed directly to you each Quarter.
crossarrow-right linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram