• Phone:  604-328-0077

Market Watch

 Greater Vancouver's Property Sales in January 2018 rose 19.4% compared to a year ago but were 10% lower than Dec'17 and clocked in at 7% above the monthly average. Average sale price increased 0.6% from December and was up 17% from a year ago.


Average Sale Price

Houses $1.730,000, up 13% over the last year

Townhomes $848,000, up 22% over the last year

Condos $750,000, up 28% over the last year




New Listings

Houses - 1,673, down13% from a year ago

Townhomes - 1,493, down 9% from a year ago

Condos - 1,493, down 9% from a year ago

 


Total Listings

Houses - 4,493 - 4% from a year ago

Townhomes - 741 - 11% lower than a year ago

Condos - 1,808 -  29% lower than a year ago


 

 


Sales to Listings Ratio

Houses 0.10 up 13% from a year ago

townhomes are 0.38, up 46% from a year ago

condos are 0.56, up 75% from a year ago

 

Sales

Houses - 492, up 9% from a year ago

Townhomes - 284, up 30% from a year ago

Condos - 1,020, up 23% from a year ago


 

 


Average Days on Market

houses 54, down 5% from a year ago

townhomes 30, down 30% from a year ago

condos 28, down 17% from a year ago


 

 


Average % of Original Price

houses 95%, 0.5% more than a year ago

townhomes 100%, 2% more than a year ago

condos100%, 1.7% more than a year ago



 


Dollar Volume

Houses are up 24% from a year ago, townhomes are up 58% and condos up 59%


 

 


Best Selling Price Ranges in 2017

Houses $1.3M-$1.4M

Townhomes $700,000-$800,000

Condos  $400,000-$500,000


Luxury Sales in 2017 (Over $3M)

Houses - 1,065

Townhomes -28

Condos - 84

 


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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