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BC home prices by town: what the property transfer tax data shows

Every BC home sale is recorded for property transfer tax. What our BC town pages show: average price, homes sold, condo share and first-time buyers.

Last checked November 8, 2026. Every rule below names its source; the official pages are listed at the end with their own dates.

In short

  • The Province publishes every recorded sale in each municipality, by month, as open data.
  • Our pages turn it into a 12-month average price, homes sold, the condo and townhome share and the share of first-time buyers.
  • Prices are the fair market value of the homes sold, so they move with the mix of homes.

Where the numbers come from

When a home changes hands in BC, the buyer files a property transfer tax return. The Province of British Columbia publishes the totals for each municipality by month under the Open Government Licence - British Columbia. Rural areas outside municipalities are not listed.

What each measure means

MeasureWhat it is
Average home price, last 12 monthsThe fair market value of all homes sold in 12 months, divided by the number sold
Homes sold, last 12 monthsNumber of recorded residential sales
Average price, latest monthThe same for one month (moves more)
Median price, latest monthThe middle sale of the month, where the Province publishes it
Condos and townhomes (strata) shareThe share of sales that were strata homes
First-time buyers shareThe share of purchases by buyers who claimed the first-time buyers' exemption
Newly built homes soldSales that were newly built homes

Today's figures for larger BC cities

Live data: BC average home prices, 12 months to September 2026

PlaceAverage price1 yearHomes soldCondos and townhomesFirst-time buyers
VancouverC$1,408,413-9.1%8,76765%17%
SurreyC$912,896+3.3%8,76650%20%
BurnabyC$1,005,394+0.6%4,49374%24%
RichmondC$1,019,790-4.9%3,69667%20%
VictoriaC$882,483+4.4%1,46565%25%
KelownaC$881,574+8.5%3,64448%19%
KamloopsC$656,845+1.4%1,82828%31%
NanaimoC$730,254-0.2%1,85028%26%
Prince GeorgeC$474,774+4.2%1,56912%38%

Source: Province of British Columbia, Property Transfer Tax data (OGL-BC), 12 months to September 2026. Data updated November 08, 2026.

How to compare towns

  • Compare the 12-month averages, not single months.
  • Check the strata share: a town where most sales are condos has a lower average than a town of houses, even at the same value per square foot.
  • Look at homes sold: under 100 sales in 12 months, averages swing a lot.

Questions

Where does BC home price data come from?

From the property transfer tax returns filed on every recorded sale, published by the Province of British Columbia as open data.

Is this the same as the MLS benchmark price?

No. It covers every recorded sale in the municipality, not only listed homes, and it is an average, not a benchmark.

What does the first-time buyers share mean?

The share of purchases where the buyer claimed the first-time home buyers' exemption.

Why is my town not listed?

Rural areas outside municipalities are not in the data, and places with less than a year of data have no page yet.

Related guides

Sources

  1. Province of British Columbia: Property Transfer Tax data (Open Government Licence - British Columbia)
  2. Government of BC: Property transfer tax (page updated December 3, 2025)

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Last checked November 8, 2026. General information only - not financial, legal, tax or real estate advice. Rules change: confirm with the official source or a licensed professional before you act.