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Vancouver Real Estate Value Statistics

Get statistics, sold listings, values and more in Vancouver.

As of September, 2019, there are 1353properties for sale, with an average of$2,674,018. Last Month 80properties were sold, for 65below list price, 8above list price.

Vancouver is a coastal seaport city in the Regional District of Metro Vancouver classed as a "Beta Global City" and ranked among the top-ten of the world's most well-living cities according to Economist Intelligence Unit (EIU). It is one of the most ethnically and linguistically diverse cities in Canada and known as one of the most popular tourist attraction and a perfect place to live. The city is located in the Lower Mainland region of BC, specifically on the Burrard Peninsula. Vancouver is the largest city in terms of population and the most densely populated city in the province of British Columbia, Canada.

Vancouver Market Summary

There are currently  properties for sale on the market in Vancouver, with a price range of $ -$

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Demographics

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631,486Population
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84.3 yearsLife Expectancy
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63.9 %Employment Rate
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5.6 %Unemployment Rate
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$78,555.00 Average Household Income
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Neighbourhoods

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Information

history

Squamish, Burrard, Tsleil-Waututh, and Musqueam peoples of the Coast Salish group first inhabitated the Vancouver area from 16,000 to 11,000 BC. They settled and built villages on various parts of present-day Vancouver and do fishing and forestry to make a living. In 1792, Captain George Vancouver arrived and explored the inner harbour of Burrard Inlet. He gave British names to various places, while the city itself was named after him. During the The Fraser Gold Rush on 1858, more than 25,000 men settled in the area of now New Westminster, bypassing the Vancouver. McCleery's Farm was considered as the first European settlement in Vancouver on 1862. Followed by a sawmill established at Moodyville in 1863 that started the city's industry on logging. On 1870, In honour of the then-British Secretary of State for the Colonies - Lord Granville, the popular settlement called Gastown on the shore of Burrard Inlet was incorporated as the town of Granville. The Canadian Pacific Railway select the site as its terminus in 1884, and then on April 6, 1886, the town of Granville was officially incorporated as the City of Vancouver. As of 2016, the City of Vancouver is the largest city having a population of 631,486 (Statistics Canada, 2016 Census of Population) with a total of 114.97 km² land area.

lifestyle

Vancouver is considered as one of the most diverse cities in Canada and consistently ranked among the top cities for livability and quality of life. The city offers scenic natural environment mixed with urban amenities and economic opportunities that makes Vancouver one of the best places to live. In addition to numerous recreational activities and wellness programs, Vancouver also has a vibrant nightlife scene, where countless of bars and nightclubs are open until 3am. The Granville Entertainment District in Downtown Vancouver is known for its vast assortment of bars and nightclubs, as well as restaurants, and urban adult oriented shoppes and entertainment. In terms of dining options, Vancouver is known as a true culinary destination that offers wide selection of quality and diversified food that will suits anyone's taste and budget. From street food stalls and family-run cafes, to waterfront seafood restaurants and wine bars, Vancouver's dining scene can give you the taste of the city’s multicultural diversity. For foodies, January is the great time to visit Vancouver specially during the Dine Out Vancouver Festival. It is a 17 day celebration of the city’s culinary scene, with special events, menus, tastings, workshops and classes. The event also provides unique culinary experiences that include guided dining adventures, spirited cocktail masterclasses, BC VQA wine brunches, neighbourhood food tours and global guest-chef collaboration dinners.

culture

Vancouver is alive with its creative arts and cultural diversity that can be experience through the city's music, dance, new media, theatre, festivals, film, design, exhibitions, galleries, museums, and special events. The Vancouver Maritime Museum is one of the museums located in the city, it is the home of the historic arctic exploration vessel, extensive galleries of model ships and other artifacts presenting the maritime history of Vancouver. The largest civic museum in Canada, the Vancouver Museum, and the popular astronomy museum which is the H.R. MacMillan Space Centre are both located in the city of Vancouver. The Museum of Anthropology, a leading museum of Pacific Northwest Coast First Nations culture, resides in the University of British Columbia (UBC) campus in Vancouver. In its building alone, the museum houses close to 50,000 ethnographic objects, as well as 535,000 archaeological objects and serves as a research and teaching museum and a major tourist destination in the city. Major events and festivals includes PuSh International Performing Arts Festival, Vancouver Fringe Festival, Celebration of Light, Cherry Blossom Festival, Vancouver Opera Festival, Vancouver Folk Music Festival, and the Vancouver International Film Festival celebrates the roots and rich history of the city of Vancouver. The government ensure to develop, enhance and promote arts and culture being of such importance to our Vancouver's livability.

climate

Protected by range of mountains and warned by the Pacific Ocean currents, Vancouver experience a moderate, oceanic climate where winters are usually wet and summers are typically dry. November and December are Vancouver's wettest month while the driest months are the month of July and August. The months of March to November are considered as the Vancouver's growing season where weather condition is perfect to grow plants and crops. Also, the city rarely experience snow during winters, average yearly snowfall is 38.1 cm and falls on average of nine days per year.

education

The Vancouver School Board (officially known as School District 39 Vancouver) administered and manage shools located in the city of Vancouver and the University Endowment Lands. The shool district provides the highest quality education and learning experience for all students through different programs and services available in this diverse district. Vancouver School Board operates 92 elementary schools (including 16 elementary annexes), 1 middle school, 18 secondary schools, 2 adult education centres, and number of district programs, community school teams and distributed learning school. There are number of post-secondary institutions located in the city of Vancouver, the largest being the University of British Columbia (UBC) and Simon Fraser University (SFU) which are both recognized as one of best public universities worldwide. Other public college institutions in Vancouver includes Vancouver Community College, Langara College, and Douglas College. There are also private colleges like University Canada West, NYIT Canada, Fairleigh Dickinson University, Columbia College, and Sprott Shaw College, all operates in the city of Vancouver.

health care

Vancouver General Hospital (VGH) is the second largest hospital after The Ottawa Hospital in Canada and the largest medical facility in British Columbia. The hospital offers wide-ranges of health care services such as emergency services, specialized and tertiary services to adult patients, pediatric and maternal care services. Vancouver General Hospital, with cooperation with the University of British Columbia Faculty of Medicine, also also serves as a teaching facility providing training and advanced education to aspiring doctors and physicians from all disciplines. Other health care facilities located in the city includes B.C. Women's Hospital & Health Centre, BC Cancer Agency, British Columbia Children's Hospital, St. Paul's Hospital, UBC Hospital, and Vancouver Hospital and Health Sciences Centre. The government community centres also hold health and wellness classes to promote and support health issues affecting its residents.

transportation

TransLink provides the public transportation within Metro Vancouver. Number of bus routes around and outside the city are available for commuters. They also operated the Vancouver's SkyTrain system, an automated rapid transit the currently runs on three lines, the Expo Line, the Millennium Line, and the Canada Line. The West Coast Express commuter rail services the Lower Mainland region of British Columbia and provides links from several outer suburbs to downtown Vancouver. Also, the SeaBus offers accesible ferry service that connects Downtown Vancouver's Waterfront Station to Lonsdale Quay in North Vancouver. In case of air travel, the city is served by Vancouver International Airport (YVR), located south of Vancouver, in the city of Richmond. It provides non-stop daily flights to Asia, Europe, Oceania, USA, Mexico and other airports within Canada. On the other hand, Vancouver also promotes green transportation, it aims to make walking and cycling a more preferred transportation options to improve the quality of life of its residents.

economy

This thriving and diverse city of Vancouver is consistenlty named as one of the most liveable cities worldwide. For several consecutive years, Vancouver is ranked among the world's top well-living cities which make the city an attractive destination for businesses around the world. Through the years, forestry remains to be the largest industry and tourism to be the second-largest due to Vancouver's scenic location. Vancouver is also one of the largest industrial centres in Canada and became the centre of technological advancement such as software development, biotechnology, aerospace, video game development, and animation studios. Dubbed as the "Hollywood North", the Metro Vancouver is considered as one of the largest film production centres in North America where major film and television production studios are located within the city and in nearby municipalities. The Canada's largest and most diversified port, the Port Metro Vancouver, does more than C$172 billion in trade with over 160 different trading economies annually. Strengthening local businesses, creating a healthy climate for growth and prosperity, and focusing on people to attract and retain human capital are the city's strategy for Vancouver's continuous economic development.

employment

The city's employment rate reached 63.9% on 2016 Census, while the City of Vancouver's average household income is $78,555, 0.4% higher compare to $78,227 of BC based on CensusPlus, 2011.

recreation

Vancouver is well known as an urban centre surrounded by natural setting packed with provincial forests, municipal parks, and greenways, perfect way to spent a day strolling or cycling. Walking through the city’s downtown is also a good way to stroll between attractions, dining, malls and neighbourhoods. Vancouver offers different recreational activities from family-friendly fun to thrill-seeking exploits. Outdoor activities includes bird watching, boating and fishing, hiking, skiing and snowboarding, whale watching and various water sports like kayaking, paddleboarding, white water rafting, windsurfing and kiteboarding, and scuba diving. Furthermore, 240 parks, 24 community centres with swimming pools, arenas, and playing fields, and three championship golf courses are located and operated by the Vancouver Board of Parks and Recreation. Among these parks is the 404-hectare Stanley Park, one of the largest urban parks in North America. Numerous recreational facilities suitable for indoor activities are available for all ages and skill levels. There are 24 community centres, nine indoor and five outdoor seasonal pools, eight indoor ice rinks, and 25 fitness centres to choose from.

sports

Vancouver also holds events such as running races that include the Vancouver Sun Run, the Vancouver Marathon, the Scotiabank Vancouver Half-Marathon, and the annual Grouse Grind Mountain Run. The Global Relay Gastown Grand Prix, which is part of BC Superweek are held on the cobblestone streets of Gastown. Vancouver also served as the host city to different national and international sport events such as the 2010 Winter Olympics and the 2010 Winter Paralympics, the 2015 Ultimate Fighting Championship 115, the 2011 Canadian Football League’s (CFL) Grey Cup, the World Police & Fire Games, the World Wheelchair Rugby Championships, and the 2015 FIFA Women’s World Cup soccer tournament. Vancouver is the home of professional teams in various sports leagues including Vancouver Canucks NHL hockey, BC Lions CFL football, Vancouver Canadians Single-A baseball, and Vancouver Whitecaps MLS soccer. Vancouver's wide variety of excellent sport facilities that cater all types and levels of sporting events includes BC Place Stadium, Rogers Arena, Vancouver Convention Centre, Hastings Park, and Scotiabank Field at Nat Bailey Stadium. BC Place Stadium is the largest multi-purpose sports venue in Canada that can accommodate nearly any type and size of sporting event.

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