DETACHED - SEPTEMBER 2019 vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 11 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
BUYER’S 9 %
11 % DOWN
20 % DOWN
56 % UP
The 687 detached listings in Vancouver West in September were down 0.7% compared to August and 20% below September 2018. September’s detached sales (at 61) were up by 1 month-over-month and 22 higher year-over-year. The sales-to-listings ratio in September remained at 9%, keeping Vancouver West’s detached segment in buyer’s market territory. At $2.90M, the benchmark price for detached homes was 0.5% above August but 11% below September 2018. The average sold price of $2.90M was 10% below August 2019 and 11% lower vs September 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 692
% Change
No. 854
% Change
TOTAL LISTINGS
687
-0.7% 1.7%
-20% 56% 94%
TOTAL SALES
61 9%
60 9%
39 5%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
2%
$2,894,400 $2,880,800 0.5% $3,246,500 -11% $2,894,649 $3,211,908 -10% $3,251,639 -11%
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-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$3.25
$3.20
$3.05
$3.03
$2.93
$2.90
$2.89
4.04
3.83
3.81
854
800
777
741
721
2.77
687
682
2.63
2.58
86
80
64
61
61
39
35
Sep-18
Aug-19
Sep-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
. . . 0 0 0 0 0 QD QD QD QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
Copyright © 2019 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 October 3, 2019. All data from RealEstateBoardof 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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