2022 Q4

Greater Vancouver Land Sales 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
2022 Q4 Sales Transactions
$110B
2022 Q4 Sales Volume
440

Largest Market Share - City

2022 Q4

Greater Vancouver Overview

Total Sales & Transaction Volume
20182019202020212022
Sales$ Volume%Sales$ Volume%Sales$ Volume%Sales$ Volume%Sales$ Volume%
Burnaby41$ 875,084,97420%18$ 364,258,9490%7$ 60,804,7508%21$ 318,048,00013%16$ 172,784,2499%
Coquitlam50$ 408,153,5329%50$ 200,561,3770%15$ 122,058,66915%44$ 597,321,62224%72$ 477,193,87424%
New Westminster23$ 66,951,2232%7$ 18,817,0090%3$ 5,611,0001%8$ 25,239,2321%9$ 51,131,5003%
North Vancouver37$ 373,517,4089%18$ 119,531,0000%10$ 74,197,0009%25$ 199,119,1778%12$ 45,581,5002%
Port Coquitlam8$ 16,573,9000%8$ 12,008,0100%8$ 11,516,0001%23$ 67,440,0003%11$ 56,722,7493%
Port Moody17$ 74,847,0632%5$ 39,970,0010%7$ 42,150,0005%2$ 11,175,0000%13$ 186,761,8689%
Richmond37$ 524,901,23112%16$ 76,701,7900%9$ 96,488,80812%25$ 424,419,86517%39$ 174,765,9929%
Vancouver115$ 1,988,697,54746%68$ 538,236,2600%49$ 369,143,75047%98$ 821,058,37133%100$ 833,248,57641%
West Vancouver3$ 20,987,1860%2$ 17,375,0000%1$ 6,000,0001%1$ 5,875,0000%2$ 29,367,9431%
Grand Total331$ 4,349,714,063100%192$ 1,387,459,3960%109$ 787,969,977100%247$ 2,469,696,267100%274$ 2,027,558,250100%
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$ 364,258,9490%
Coquitlam50$ 200,561,3770%
New Westminster7$ 18,817,0090%
North Vancouver18$ 119,531,0000%
Port Coquitlam8$ 12,008,0100%
Port Moody5$ 39,970,0010%
Richmond16$ 76,701,7900%
Vancouver68$ 538,236,2600%
West Vancouver2$ 17,375,0000%
Grand Total192$ 1,387,459,3960%
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
Burnaby21$ 318,048,00013%
Coquitlam44$ 597,321,62224%
New Westminster8$ 25,239,2321%
North Vancouver25$ 199,119,1778%
Port Coquitlam23$ 67,440,0003%
Port Moody2$ 11,175,0000%
Richmond25$ 424,419,86517%
Vancouver98$ 821,058,37133%
West Vancouver1$ 5,875,0000%
Grand Total247$ 2,469,696,267100%
2022
Burnaby16$ 172,784,2499%
Coquitlam72$ 477,193,87424%
New Westminster9$ 51,131,5003%
North Vancouver12$ 45,581,5002%
Port Coquitlam11$ 56,722,7493%
Port Moody13$ 186,761,8689%
Richmond39$ 174,765,9929%
Vancouver100$ 833,248,57641%
West Vancouver2$ 29,367,9431%
Grand Total274$ 2,027,558,250100%
$ Volume And Number Of Transactions
DateDollar VolumeSales
20184349714063.45331
Qtr1737429295.865
Qtr2119449383997
Qtr31261843855.8591
Qtr41155947072.878
20191387459396.3192
Qtr129904885755
Qtr234785676052
Qtr327237082045
Qtr4468182959.340
2020787969976.65109
Qtr118615975029
Qtr2170317714.633
Qtr321105180824
Qtr4220440704.0523
20212469696266.65247
Qtr1101780775.9920
Qtr243689758166
Qtr3484672098.676
Qtr41446345811.0685
20223013792440.1399
Qtr1682403051100
Qtr2575950272.571
Qtr3989239142.6145
Qtr476619997483
Land Market Share

2022 Q4

Burnaby Land Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (Acre)Price/Acre
6540 Telford Avenue$ 28,000,0000.80500000715256-
6592 Telford Avenue$ 7,000,0000.20200000703335-
6535 Burlington Avenue$ 5,300,0000.16500000655651-
6177 Broadway$ 1,150,0000.16500000655651-
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201887508497441
Qtr127027500011
Qtr2928910009
Qtr318825988812
Qtr43236590869
201936425894918
Qtr1809350004
Qtr2223730006
Qtr3576120005
Qtr42033389493
202030047502
Qtr130047502
202186119200037
Qtr2272880006
Qtr3191880007
Qtr481471600024
202221726849821
Qtr18896849810
Qtr2733500006
Qtr3135000001
Qtr4414500004
Grand Total2320809171119
Price/Acre (Avg)
Row LabelsPrice/Acre - High DensityPrice/Acre - Medium DensityLand Size (Acre) - High DensityLand Size (Acre) - Medium DensityTotal Price/AcreTotal Land Size (Acre)
2018000000
Qtr154000981.83603301.00920.1763333333333354000981.8360330.696875
Qtr2000.7240.2462500.485125
Qtr3021346469.6223320.503666666666670.424821346469.6223320.46781818181818
Qtr411153805.10193203.52950.1211153805.1019323.0424285714286
2019000000
Qtr135843660.62917100.89650.14935843660.6291710.64733333333333
Qtr2000.2410.2527500.24883333333333
Qtr314568158.16857400.8980.11414568158.1685740.7412
Qtr43488927501.9740348892751.974
2020000000
Qtr10000.146500.1465
2021000000
Qtr2000.34599998593330.4410000046094300.4172499999404
Qtr3000.398000001907350.2439999977747600.26599999836513
Qtr401283333310.216499805450.63559998571873128333333.3729999342135
2022000000
Qtr1000.426000006496910.2903333281477300.3445999994874
Qtr2000.628250002861020.328500002622600.52833333611488
Qtr3000.55000001192093000.55000001192093
Qtr4000.390666673580810.1650000065565100.33425000682473
Grand Total150455880.7357134179802.62233222.7312831548173.7340666587631184635683.3580414.26354670678

2022 Q4

Coquitlam Land Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (Acre)Price/Acre
626 Tyndall Street$ 26,276,2001.2890000343323$ 20,384,950
272 Guilby Street$ 24,161,7791.8120000362396-
618 Tyndall Street$ 18,116,7410.96899998188019-
701 Como Lake Avenue$ 7,125,0000.32699999213219-
605 Foster Avenue$ 6,750,0000.62300002574921-
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201840815353250
Qtr28934550016
Qtr315231094221
Qtr416649709013
201920056137650
Qtr14768655615
Qtr2740880008
Qtr35318982017
Qtr42559700010
202082443104.0514
Qtr190450004
Qtr2234050004
Qtr3226000002
Qtr427393104.054
2021597321621.6644
Qtr123079999.994
Qtr2809804608
Qtr382909827.6613
Qtr4410351334.0119
2022477193873.572
Qtr115041183922
Qtr299646576.510
Qtr312991552022
Qtr49721993818
Grand Total1765673507.21230
Price/Acre (Avg)
Row LabelsPrice/Acre - High DensityPrice/Acre - Medium DensityLand Size (Acre) - High DensityLand Size (Acre) - Medium DensityTotal Price/AcreTotal Land Size (Acre)
2018000000
Qtr204107771.21978641.6415.884107771.21978647.521
Qtr328144544.8227946885506.61538023.9044.75912200266.1672348.663
Qtr410920079.71275210648646.4561724.19412.95710726198.81519517.151
2019000000
Qtr102607197.48748450.49612.0332607197.487484512.529
Qtr208211647.97457140.13712.1568211647.974571412.293
Qtr302267584.31809111.7157.5812267584.31809119.296
Qtr4001.590.98202.572
2020000000
Qtr1000.3050.32700.632
Qtr201555209.95334370.73.8581555209.95334374.558
Qtr30000.2199999988079100.21999999880791
Qtr40001.978000000119201.9780000001192
2021000000
Qtr1000.3511.86202.213
Qtr2002.09099994599823.761999875307105.8529998213053
Qtr3010811393.92700000107294.408000104129310811398.3350001052022
Qtr40525000017.9500000923874.1470000334084525000022.097000125796
2022000000
Qtr1099313601.413999974727615.116000026464993136016.530000001192
Qtr209912275.752.5279999971397.78700004518039912275.7510.315000042319
Qtr32038495005.14000003784893.8930000513792203849509.0330000892282
Qtr40204022992.48000002652419.12100001424552040229911.60100004077
Grand Total59449574.53554582860637.77482950.563000075698112.82700014904108637899.68571163.39000022474

2022 Q4

New Westminster Land Sales

Sales & Price By Neighbourhood
Transaction NamePrice Size (Acre)Price/Acre
No Transactions in 2022-Q4---
$ Volume And Number Of Transactions
Row LabelsDollar VolumeTransactions
201866951222.823
Qtr1111500004
Qtr2200530009
Qtr3108000005
Qtr424948222.85
201918817009.37
Qtr144850002
Qtr341000001
Qtr410232009.34
202056110003
Qtr111860001
Qtr223500001
Qtr300
Qtr420750001
20212945623211
Qtr170450002
Qtr284340006
Qtr3139772323
Qtr400
2022511315009
Qtr1393525006
Qtr2117790003
Qtr300
Qtr400
Grand Total171966964.153
Price/Acre (Avg)
Row LabelsPrice/Acre - High DensityPrice/Acre - Medium DensityLand Size (Acre) - High DensityLand Size (Acre) - Medium DensityTotal Price/AcreTotal Land Size (Acre)
2018000000
Qtr106988529.847579601.155$6,988,5301.155
Qtr28547008.547008510013328.056990.1171.671$9,768,9411.788
Qtr317989130.43478311170182.8410690.3150.508$13,897,7620.823
Qtr407741131.509281304.032$7,741,1324.032
2019000000
Qtr1012505839.41605800.337$12,505,8390.337
Qtr32050000000.20$20,500,0000.2
Qtr417765957.4468096721859.34253180.3291.279$9,482,8841.608
2020000000
Qtr10593000000.2$5,930,0000.2
Qtr2000.10300000011921000.10300000011921
Qtr40000.500.5
2021000000
Qtr1000.1720.13800.31
Qtr20000.2759999965429300.27599999654293
Qtr30001.284000024199501.2840000241995
2022000000
Qtr1000.799000024795531.895000010728802.6940000355244
Qtr2000.67100000381470.4130000099539801.0840000137687
Qtr3000000
Qtr4000000
Grand Total1505127.912821033.4072.70600002913.688000041078710.74616.39400007
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