• Phone:  604-328-0077

Market Watch

 

 

September saw Greater Vancouver's Property Sales Decline & Prices Up Slightly

Compared to August 2017, sales were lower, listings higher and average sale price for houses dropped but condos and townhomes edged up slightly.


Average Sale Price

Houses $1.673,000, up 8% over the last year

Townhomes $852,000, up 19% over the last year

Condos $672,000, up 22% over the last year




New Listings

Houses - 2409, up 10.5% from a year ago

Townhomes - 677, up 16% from a year ago

Condos - 2181, up 11% from a year ago

 


Total Listings

Houses - 6,069 - same as a year ago

Townhomes - 953 which is 12% lower than a year ago

Condos - 2,435 which is 29% lower than a year ago

 

 


Sales to Listings Ratio

Houses 0.14, up 27% from a year ago

townhomes are 0.48, up 56% from a year ago

condos are 0.59, up 68% from a year ago

 

Sales

Houses - 871, up 27% from a year ago

Townhomes - 459, up 37% from a year ago

Condos - 1,458, up 18% from a year ago


 

 


Average Days on Market

houses 42, up 13% from a year ago

townhomes 24, up 14% from a year ago

condos 22, down 8% from a year ago


 

 


Average % of Original Price

houses 96%, 0.5% more than a year ago

townhomes 100%, 0.8% more than a year ago

condos101%, l.8% more than a year ago



 


Dollar Volume

Houses are up 37% from a year ago, townhomes are up 62% and condos up 45%


 

 


Best Selling Price Ranges in 2017

Houses $1.3M-$1.4M

Townhomes $600,000-$800,000

Condos  $400,000-$500,000


Luxury Sales in 2017 (Over $3M)

Houses - 958

Townhomes -25

Condos - 73

 


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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