DETACHED MAY vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
45 % DOWN
BALANCED 16 %
48 % DOWN
5 % UP
The number of detached listings in Vancouver East in May, at 403, were 1.0% below April and 45% lower vs May 2019. The 64 detached sales were 28% higher month-over- month but 48% lower year-over-year. The sales-to-listings ratio increased to 16% in May, as Vancouver East’s detached segment remained balanced. May’s benchmark price was $1.45M, relatively unchanged from April and up 6% vs May 2019. The average sold price of $1.53Mwas 4% below April but up 5% vs May 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 407
% Change
No. 736 124 17%
% Change
TOTAL LISTINGS
403
-1.0%
-45% -48%
TOTAL SALES
64
50
28% 29%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
16%
12%
-6%
$1,447,800 $1,448,700 $1,528,358 $1,585,418
-0.1% $1,371,000 -4% $1,460,871
6% 5%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.45
$1.45
$1.42
$1.39
$1.37
$1.37
$1.36
1.62
1.60
1.56
1.52
1.50
1.48
736
710
644
553
428
403
403
124
109
109
108
104
64
54
May-19
Apr-20
May-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
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 June 4, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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