• Phone:  604-328-0077

Market Watch

 Greater Vancouver's Property Sales in March 2018 were down 29% compared to a year ago but were 14% higher than Feb'18  and 23% below the monthly average and the lowest first quarter sales since 2013.


Average Sale Price

Houses $1.6M down 6% over the last year

Townhomes $912,000, up 17% over the last year

Condos $724,000, up 22% over the last year




New Listings

Houses - 1,843, down 6% from a year ago

Townhomes - 572, down 6% from a year ago

Condos - 1,940, down 8.6% from a year ago

 


Total Listings

Houses - 5,410 ,11.5% lower than a year ago

Townhomes - 882 , 1% lower than a year ago

Condos - 2,264 , 12% lower than a year ago


 

 


Sales to Listings Ratio

Houses 0.13, down 43% from a year ago

Townhomes  0.44, down 23% from a year ago

Condos are 0.59, down 16% from a year ago

 

Sales

Houses - 781 down 38% from a year ago

Townhomes - 395 down 22% from a year ago

Condos - 1,354 down 26% from a year ago


 

 


Average Days on Market

houses 40 - down 2.6% from a year ago

townhomes 22 - down 10% from a year ago

condos 18 - down 18% from a year ago


 

 


Average % of Original Price

houses 96.5%, 0.5% more than a year ago

townhomes 100%, 1.1% more than a year ago

condos102%, 2.2% more than a year ago



 


Dollar Volume

Houses are down 40% from a year ago, townhomes are down 9% and condos are down 9.6%.

Overall volume is 27% less than a year ago


 

 


Best Selling Price Ranges in 2018

Houses $1.2M-$1.3M

Townhomes $600,000-$700,000

Condos  $500,000-$600,000


Luxury Sales in 2018 (Over $3M)

Houses - 163

Townhomes -6

Condos - 30

 



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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