DETACHED JUNE vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 8 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
39 % DOWN
SELLER’S 24 %
7 % UP
17 % UP
The number of detached listings in Vancouver East in June, at 444, increased 6% fromMay but 39% lower vs June 2019. The 105 detached sales were 64% higher month- over-month and 17% higher year-over-year. The sales-to-listings ratio increased to 24% in June, as Vancouver East’s detached segment transitioned to a seller’s market. June’s benchmark price was $1.46M, a 0.8% increase fromMay and up 8% vs June 2019. The average sold price of $1.62Mwas 6% above May up 7% vs June 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 417
% Change
No. 723
% Change
TOTAL LISTINGS
444 105 24%
6%
-39% 17% 90%
TOTAL SALES
64
64% 54%
90
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
15%
12%
$1,459,100 $1,447,800 $1,621,499 $1,528,358
0.8% $1,352,900 6% $1,511,648
8% 7%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.46
$1.45
$1.43
$1.40
$1.38
$1.36
$1.35
1.64
1.60
1.56
1.52
1.52
1.51
723
679
605
444
426
416
388
108
105
90
86
73
73
50
Jun-19
May-20
Jun-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
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 July 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
38
Made with FlippingBook - professional solution for displaying marketing and sales documents online