DETACHED AUGUST vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 10 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
23 % DOWN
SELLER’S 22 %
12 % UP
62 % UP
The number of detached listings in Vancouver East in August, at 525, were 18% above July but 23% lower vs August 2019. The 118 detached sales were 16% lower month- over-month but 62% above August 2019. The sales-to-listings ratio decreased to 22% in August, as Vancouver East’s detached segment remained favourable to sellers. August’s benchmark price was $1.50M, 1.0% above July and up 10% vs August 2019. The average sold price of $1.64M was 0.1% below July and up 12% vs August 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 444 141 32%
% Change
No. 680
% Change
TOTAL LISTINGS
525 118 22%
18% -16% -29%
-23% 62% 109%
TOTAL SALES
73
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
11%
$1,502,700 $1,487,300 $1,640,229 $1,641,840
1.0% $1,364,200 -0.1% $1,463,844
10% 12%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.50
$1.46
$1.45
$1.43
$1.40
$1.38
$1.36
1.68
1.66
1.61
1.50
1.50
1.50
680
606
525
454
426
416
388
118
108
105
86
73
73
50
Aug-19
Jul-20
Aug-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD QD QD
S-L RATIO SALES INVENTORY
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of September 3, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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