Market Snapshot: Condo Resale Inventory & Pricing

Below is a brief snapshot of current resale condo inventory and average asking prices for newer condos (ie. two years old or newer, including assignment sales).

This analysis excludes townhouse and condos and does not break down woodframe versus concrete (hence East Vancouver pricing appears below Burnaby and Maple Ridge/Poco/Pitt Meadows is lowest).

Of note, while pre-sales activity remains sluggish overall, resales inventory for newer condos remains very low in most submarkets.

Data source: MLS