VANCOUVER WEST SIDE MARKET UPDATE - OCTOBER 2018
Average sale price, listings and sales ticked up slightly in October.
Listings are now on par with September 2015.
Demand for luxury condos (over $3M) doubled in October, vs September (4 vs 2) but down 60% from a year ago. Listings are up 30% from a year ago. Average sale price is $4.7M which is down 3% from a year ago.
Condo sales between $2M and $3M have declined 3.5% from a year ago. Listings are 42% higher and average sale price is $2.3M which is 3% less than a year ago.
Condo sales between $1M and $2M are down 51% from a year ago and listings are up 54%. Average sale price is $1.3M, down 2%
Total condo sales are down 48% from a year ago.
West Side condo listings are 65% higher than a year ago.
AVERAGE SALE PRICE
Condos - $971.000, down 3% from a year ago.
The all time high at $1.198.000 in Jan'18
Townhomes - $1,204,000, down 20% fro a year ago
The all time high was $1,720,000 in Jan'18
Houses - $3.545.000, down 20% fro a year ago
The all time high was #4,466,000 in Oct'17
Best Selling Price Range
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