DETACHED JUNE vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
BALANCED 16 %
38 % DOWN
5 % UP
28 % UP
The 487 detached listings in Vancouver West in June were 1.9% above May but were 38% below June 2019. June’s detached sales (at 78) were up 50% month- over-month and 28% higher year-over-year. The sales-to-listings ratio in June increased to 16% as Vancouver West’s detached segment transitioned to a balanced market. At $3.08M, the benchmark price for detached homes was 1.2% above May and 4% higher vs June 2019. The average sold price of $3.4Mwas 1.9% above May and 5% higher vs June 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 478
% Change
No. 782
% Change
TOTAL LISTINGS
487
1.9% 50% 47%
-38% 28% 105%
TOTAL SALES
78
52
61 8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
16%
11%
$3,076,700 $3,041,100 1.2% $2,957,000 $3,397,038 $3,333,834 1.9% $3,224,253
4% 5%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
2.75
2.70
2.63
$3.08
$3.02
$2.96
$2.96
$2.95
$2.94
$2.92
782
699
695
1.51
1.42
1.40
554
528
487
471
78
78
62
61
60
60
36
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
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
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