Fraser VE, Vancouver Market Report – August 2022

Q: How many homes sold in Fraser VE, Vancouver in August 2022?

17 properties sold in Fraser VE, Vancouver during August 2022 based on MLS® records. There were 363 active listings at the start of the month. A total of 17 new listings came to market during the month.

Q: What is the average home price in Fraser VE, Vancouver?

The average sold price in Fraser VE, Vancouver in August 2022 was $1,495,521. Sold prices ranged from $530,000 to $2,725,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Fraser VE, Vancouver?

In August 2022, properties in Fraser VE, Vancouver averaged 43 days on the market before selling. With an absorption rate of 4.7%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Fraser VE, Vancouver market changed compared to last year?

The average sold price in Fraser VE, Vancouver in August 2022 was $1,495,521, up 7.3% year-over-year compared to August 2021 ($1,393,953). Sales volume was down 0% compared to the same month last year. Data is sourced from MLS® sold records.

Fraser VE is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Fraser VE based on MLS® data.

← July 2022 Next month →

Units Sold

$1,495,521

Avg Sold Price

43d

Avg Days on Market

Buyer's Market

Market Condition

363 active at start of month 17 new listings Absorption rate: 4.7% Highest sold: $2,725,000 Lowest sold: $530,000

How Does August 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
August 2022 (this report)	17	$1,495,521	43d
July 2022 month prior	9 +88.9%	$1,451,978 +3%	42d +2.4%
August 2021 year ago	17 +0%	$1,393,953 +7.3%	—

3-Year Price Trend — Fraser VE, Vancouver

The Fraser VE, Vancouver real estate market was a Buyer's Market in August 2022, with 363 active listings at the start of the month, 17 properties sold, an average sold price of $1,495,521, properties averaging 43 days on market, an absorption rate of 4.7%. All data is sourced from MLS® sold records.

Recently Sold in Fraser VE, Vancouver

4467 St. George Street

2 bd • 1 ba • Apartment

435 47th Avenue

Sold $1,020,000

3 bd • 2 ba • Townhouse

6475 Chester Street

Sold $528,000

1 bd • 1 ba • Apartment

3 bd • 4 ba • Townhouse

Active Listings in Fraser VE, Vancouver

878 37 Avenue

$1,548,000

3 bd • 4 ba • Townhouse

0 bd • 1 ba • Apartment

738 29th Avenue

$998,800

2 bd • 2 ba • Apartment

4963 Chester Street

$888,000

2 bd • 2 ba • Townhouse

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Fraser VE, Vancouver specialist

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Related: Fraser VE, Vancouver Archive → Live Market Stats → Vancouver Reports → All BC Reports →

Frequently Asked Questions — Fraser VE, Vancouver August 2022

Is it a good time to buy in Fraser VE, Vancouver? −

In August 2022, the Fraser VE, Vancouver real estate market is classified as a Buyer's Market with an absorption rate of 4.7%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Fraser VE, Vancouver in August 2022? +

What is the average home price in Fraser VE, Vancouver? +

How long are homes sitting on the market in Fraser VE, Vancouver? +

How has the Fraser VE, Vancouver market changed compared to last year? +

Last Update: 06/04/2026 Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.