East Vancouver Real Estate Market Update for January 2018
East Side sales clocked in at 138, down from 236 in December and 1.4% less than a year ago. The peak was in May.with 454 sales. Jun'15 was the runnerup with 448 sales.
House sales topped in Jun'15 at 220. Jan sales were 45, down 12% from a year ago
Townhomes sales peaked in Apr'15 with 49 sales and have declined to 20, up 150% from a year ago
Condo sales peaked in Jun'17 with 237 but have declined to 68 which is 12% lower than a year ago
Total listings are 850, down 5% from a year ago. Market bottomed in Dec'15 with 500 listings and May'14 hit a peak of 1,257.
Condos -163 which is 18% less than a year ago and the lowest its been in the last 10 years!
Townhomes - 61 which is 56% higher than a year ago
Houses - 626 which is 5% lower than a year ago. The bottom was Dec'14 with 268 houses for sale
Average Sale Price
Townhomes - $895,000, up 22% from a year ago. Record high was Dec'17 at $992,000.
Jan'14 was $572,000.
Condos - $709,000, up 22% from a year ago and a record high. Jan'14 was $348,000.
Houses - $1.664.000 , up 19% from a year ago. The record high was Dec'17 at $1.826,000
Best Selling Price Range
condos - $500,000-$600,000
houses - $1.5M-$1.6M
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