• Phone:  604-328-0077

Market Watch

 

July saw Greater Vancouver's real estate market becoming more balanced 



New Listings

Houses - 239, down 13% from a year ago

Townhomes - 43, up 43% from a year ago

Condos - 636, down 3% from a year ago

 



Total Listings

 


Sales to Listings Ratio

Houses 0.09, down 36% from a year ago

townhomes are 0.43, down 45% from a year ago

condos are 0.26, down 7% from a year ago

 

Sales

 

 

 

Median Sale Price

Houses $3.847.000, up 10% from a year ago

Townhomes $1.159,000, up 0.9% from a year ago

Condos $779,000, up 15% from a year ago

 


Average Days on Market

houses 36, up 33% from a year ago

townhomes 14, up 16% from a year ago

condos 17, down 5% from a year ago

 


Average % of Original Price

houses 95%, 5% less than a year ago

townhomes 100%, 2% less than a year ago

condos100%, l% less than a year ago

 


Dollar Volume

Houses are down 28% from a year ago, townhomes are down 12% and condos down 0.6%

 


Best Selling Price Ranges in 2016

Houses - $2.8M-$2.9M

Townhomes - $1.2M-$1.6M

Condos - $600,000-4700,000


Luxury Sales in 2016 (Over $3M)

Houses - 456

Townhomes - 6

Condos - 49

 


search for Vancouver listings on your Virtual Office Website (VOW)!

 

P.S. You deserve to know it all! I am Seriously Local! Call Maggie Chandler 604-328-0077 today!


the above info from MLS and though deemed to be correct, should not be relied upon without verification

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