East Vancouver Real Estate Market Update for March 2018
East Side sales clocked in at 282, up from 138 in January but 25% less than a year ago.
Sales peaked in Marcch 2016 with 474 sales
House sales topped in Jun'15 at 220. March sales were 84 down 46% from a year ago
Townhomes sales peaked in Apr'15 with 49 sales and have declined to 31, down 7% from a year ago
Condo sales peaked in Jun'17 with 237 but have declined to 154 which is 14% lower than a year ago
Total listings are 997, up 3% from a year ago. Market bottomed in Dec'15 with 500 listings and May'14 hit a peak of 1,257.
Condos -206 which is 3% less than a year ago and the lowest its been in the last 10 years!
Townhomes - 66 which is 32% higher than a year ago
Houses - 725 which is 3% higher than a year ago. The bottom was Dec'14 with 268 listings
Average Sale Price
Overall Price - $1.016.000, down 1.1% from a year ago
Townhomes - $992,000, up 16% from a year ago. Feb'18 was a record high at $1.076.000
Jan'14 was $572,000.
Condos - $670,000, up 17% from a year ago. Jan'18 was a record high at $709,000.
Jan'14 was $348,000.
Houses - $1.658.000 , up 4.8% from a year ago. Dec'17 was a record high at $1.826,000
Best Selling Price Range in 2018
condos - $500,000-$600,000
townhomes -$1.2M to $1.3M
houses - $1.5M-$1.6M
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