vancouver east ½-DUPLEX - DECEMBER 2 0 2 4
SALES TO LISTINGS RATIO 19% BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▲ 0.5% VS 2023
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 0.0% VS 2023
▲ 22% VS 2023
▼ 1.1% VS 2023
▼ 5% VS 2023
There were 176 ½-duplex listings in Vancouver East in December, 19% below November and 5% lower than December 2023. December ½-duplex sales decreased by 31% month-over-month, to 33, and were 22% above December 2023. The sales-to-listing ratio for ½-duplexes in Vancouver East, at 19%, reflected a balanced market. The ½-duplex median price in December was $1,570,000, a 3% decrease from November and 1.1% below December 2023. The average sold price was $1,590,914, 3% below last month; the average PSF sale price was $1,027, down 0.1% to last month.
THIS MONTH No. $1,027 $1,590,914 $1,570,000 19% 33 176
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$1,022 $1,590,126 $1,588,000 15% 27 186
29% 22% -5%
$1,028 $1,640,638 $1,625,000 22% 48 217
-0.1% -3% -3% -15% -31% -19%
0.5% 0% -1.1%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● DEC 2023 ● DEC 2024
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
243
229
223
223
217
202
190
220
207
186
201
176
174
61
54
48
43
40
36
33
46
44
27
40
37
28
$1.66M $1.55M $1.64M $1.59M $1.60M $1.59M $1.61M $1.65M $1.63M $1.57M
$1.59M
$1.53M $1.60M
VANCOUVER EAST
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
70
12
60
4+ bdrms
85
50
21
40
3 bdrms
87
44%
30
20
2 bdrms
17%
4
11% 10%
10
0
<2 bdrms
<$1M $1.0M-1.24M $1.25M-1.49M $1.5M-1.74M $1.75M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M+
S-L RATIO SALES INVENTORY
6 0 n/a
34 15 44%
64 11 17%
46 5 11%
21 2 10%
3 0 n/a
2 0 n/a
Copyright © 2025 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 January 13, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 48 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online