C21 Price per square foot survey

CENTURY 21 CANADA
Price Per Square Foot Survey 2017

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CENTURY 21 Canada asked owners across the country to help us gather data on housing prices and size of homes across Canada. We then calculated the average price per square foot, and the results are shown below.

 

How the information was gathered by CENTURY 21 Canada

In the past, as seen in the data table for 1997 and 2006, CENTURY 21 Canada asked franchise owners around the country to define a ‘typical’ home in their area and provide the sales price and average square footage. For most, it was a single-family detached home, and the size depended on province, city, and neighbourhood. CENTURY 21 Canada released annual results in their Typical Home Price Survey.

In 2017, CENTURY 21 franchisees were asked to help come up with the average price-per-square-foot in their market. However, calculating a precise number is not an exact science as every office and province tracks statistics with slight difference. As a result, some have used either the average or benchmark prices (depending on the market) and tracked average square footage in sales from January 1 to June 30, 2017. The price-per-square-foot was calculated from those numbers. Each franchisee has confirmed that that the numbers provided are an accurate representation of their market.

Survey Results

British Columbia
City House Type 1997 2006 2017 Change 97-17
Chilliwack Detached House     $232.00  
  Townhouse     $172.00  
  Condo     $187.00  
Fort St. John Detached House     $236.50  
  Semi Detached     $262.83  
Kelowna Townhouse   $175.00 $324.00  
Vancouver, Downtown Condo   $434.78 $962.75  
Vancouver, East side Detached House $302.22   $718.75 138%
Vancouver, West side Detached House $ 242.00   1,210.00 400%
Burnaby Detached House $164.00 $240.00 $588.11 259%
West Vancouver Detached House $ 179.67   $816.61 355%
Vancouver, Richmond Detached House $153.53   $614.20 300%
White Rock/South Surrey Detached House $159.00   $554.47 249%
Victoria (condo) Detached House $125.48 $226.17 $424.53 238%
  Townhouse $ 129.80 $ 215.07 $354.64 173%
  Condo $ 154.38 $240.91 $435.40 182%
Delta North Detached House $124.12   $370.33  
North Vancouver Detached House $134.00 $361.11 $625.75 367%
Vernon   $118.33 $295.83 $331.00 180%
Alberta
City House Type 1997 2006 2017 Change 97-17
Calgary, SW House $160.00 $302.00 $398.00 149%
  Semi-Detached     $335.00  
  Condo     $370.00  
Calgary, SE House $136.36 $260.00 $320.00 135%
  Semi Detached   $251.00 $285.00  
  Condo   $251.00  $325.00  
Calgary, NE House $124.00 $192.00 $325.00 160%
  Semi-Detached   $187.00 $255.00  
  Condo   $187.00 $290.00   -
Calgary, NW House $168.81   $375.00 122%
  Semi-Detached   $258.00 $340.00  
  Condo   $258.00 $310.00   
Edmonton Detached House $98.36   $288.56 193%
  Duplex     $260.85  
  Condo     $260.72  
Fort Mc Murray Townhouse $135.83 $341.67 $272.72 101%
High River Detached House     $202.00  
Lethbridge Detached House     $186.00  
Red Deer Detached House $120.00 $196.52 $281.50 135%
  Townhouse     $210.00  
  Condo     $217.19  
Prairies/Atlantic
City House Type 1997 2006 2017 Change 97-17
Charlottetown Detached House $89.17 $154.17 $175.00 96%
Halifax Detached House $100.77   $130.70 30%
Moncton Detached House $89.09 $118.18 $99.84 12%
Regina Detached House $97.50 137.50 $263.33 170%
  Condo     $246.23  
Saskatoon Detached House $101.82 $141.82 $296.30 191%
  Condo     $231.48  
St. John's Detached House   139.00 $166.67  
Winnipeg Detached House $79.75 $133.33 $267.00 235%
Ontario
City House Type 1997 2006 2017 Change 97-17
Aurora House/Townhouse     $488.00  
Bradford House/Townhouse     $383.00  
Cambridge Semi-Detached     $300.00  
  Detached House     $325.00  
Georgina House/Townhouse     $349.00  
Guelph Semi-Detached     $330.00  
  Detached     $380.00  
Huntsville Detached House   $146.67 $254.60  
  Condo     $247.43  
Kitchener-Waterloo Semi-Detached $115.83 $204.58 $280.00 142%
London Detached House $102.31 $149.23 $201.05 99%
Markham Detached House $110.23   $499.00 353%
Newmarket Detached House $129.23   $434.23 236%
Oakville Detached House $105.77 $163.46 $627.33 493%
Ottawa Detached House $97.14 $144.44 $215.00 121%
  Condo     $347.00  
Peterborough Detached house $107.62 192.38 $287.00 167%
  Condo     $205.00  
Richmond Hill Detached House     $583.31  
Toronto, Downtown Condo     $818.86  
Vaughan House/Townhouse     $510.00  
Windsor Detached House     $94.64  
Quebec
City House Type 1997 2006 2017 Change 97-17
Hull/Gatineau Detached House     $204.00  
Montreal, Downtown and SW Detached House     $514.28  
  Townhouse     $461.53  
  Condo $93.82 $152.15 $533.30 468%
Northwest Territories
City House Type 1997 2006 2017 Change 97-17
Yellowknife Detached House     $277.31  
  Townhouse     $275.95  
  Manufactured     $263.83  
  Apartment     $332.93  
  Duplex     $313.33  

Brian Rushton, Executive Vice President CENTURY 21 Canada on the Price Per Square Foot Survey

 

Quicklinks
  • [Video] Brian Rushton, Executive Vice President CENTURY 21 Canada on the Price Per Square Foot Survey Download .mp4
  • [Audio] Brian Rushton, Executive Vice President CENTURY 21 Canada on the Price Per Square Foot Survey Download .mp3

Please direct all media inquiries to:

Leigh Kjekstad | PR & Communications Specialist, Marketing
604-606-2139 leigh.kjekstad@century21.ca