Vancouver Surrey and Delta Housing Market - MAY 2021

Dated: June 4 2021

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Single Family Detached

 

Month of MAY home sales were recorded 27.7% above the 10 years MAY sales average.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 4,268 in MAY 2021, a 187.4 % increase from the 1,485 sales recorded in MAY 2020, and a 13 per cent decrease from the 4908 homes sold in April 2021.

Vancouver East - MAY 2021 Market Update

 

Sales in Vancouver-East recorded at 190 in the month of April 2021, which represents 196% increase compared to MAY 2020.

 

Active Listings in Vancouver-East recorded at $ 683 in the month of MAY 2021, which indicates 85% increase compared to MAY 2020.

 

Average Price/Unit in Vancouver-East recorded at $1,859,770 in the month of MAY 2021, which represents 21% increase compared to MAY 2020

South - SURREY/ White Rock - MAY 2021 Market Update

 

Sales in South Surrey/ White Rock recorded at 188 in the month of MAY 2021, which represents 4.6 decrease compared to last month and 370 % increase compared to MAY 2020.

 

Active Listings in South Surrey/ White Rock recorded at 524 in the month of MAY 2021, which represents 3 % decrease compared to last month and 6.1% increase compared to MAY 2020.

 

MLS® HPI Benchmark Price in South Surrey/ White Rock recorded at $1,731,600 in the month of MAY 2021, which represents 2.8% increase compared to last month and 31.1 % increase compared to MAY 2020.

 

 

SURREY central - MAY 2021 Market Update

 

Sales in Surrey-central recorded at 221 in the month of MAY 2021, which represents 0.9 % decrease compared to last month and 439 % increase compared to MAY 2020.

 

Active Listings in Surrey central recorded at 540 in the month of MAY 2021, which represents 1.5% increase compared to last month and 32% increase compared to MAY 2020.

 

MLS® HPI Benchmark Price in Surrey central recorded at $ $ 1,361,800 in the month of MAY 2021, which represents 3.1% increase compared to last month and 30.5% increase compared to MAY 2020.

 

 

SURREY- NORTHmay 2021 Market Update

 

Sales in Surrey-central recorded at 126 in the month of MAY 2021, which represents 8.6 % increase compared to last month and 293.8 % increase compared to MAY 2020.

 

Active Listings in Surrey central recorded at 345 in the month of MAY 2021, which represents 2.8% decrease compared to last month and 43.8 % increase compared to MAY 2020.

 

MLS® HPI Benchmark Price in Surrey central recorded at $ 1,308,700 in the month of MAY 2021, which represents 1.6% increase compared to last month and 33.1% increase compared to MAY 2020.

 

SURREY- Cloverdalemay 2021 Market Update

 

Sales in Surrey-central recorded at 104 in the month of MAY 2021, which represents 7.1 % decrease compared to last month and 285.2 % increase compared to MAY 2020.

 

Active Listings in Surrey central recorded at 120 in the month of MAY 2021, which represents 18.4% decrease compared to last month and 2.4 % decrease compared to MAY 2020.

 

MLS® HPI Benchmark Price in Surrey central recorded at $ 1,389,600 in the month of MAY 2021, which represents 1.3% increase compared to last month and 32.9% increase compared to MAY 2020.

 

 

North Delta - MAY 2021 Market Update

 

Sales in North Delta recorded at 95 in the month of MAY 2021, which represents 5% decrease compared to last month and 578.6% increase compared to MAY 2020.

 

Active Listings in North Delta recorded at 174 in the month of MAY 2021, which represents 16.3% decrease compared to last month and 50% increase compared MAY 2020.

 

MLS® HPI Benchmark Price in city of North Delta recorded at $ 1,217,600 in the month of MAY 2021, which represents 0.8% increase compared to last month and 32.9% increase compared to MAY 2020.

 

 

Source: Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board

Disclaimer: This Market Report is general in nature and shouldn’t solely rely on it.

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