DETACHED OCTOBER vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
11 % DOWN
28 %
11 % UP
39 % UP
The number of detached listings in Vancouver East in October, at 538, were 4% below September and 11% lower vs October 2019. The 150 detached sales were 12% lower month- over-month but 39% above October 2019. The sales-to-listings ratio decreased to 28% in October, as Vancouver East’s detached segment remained favourable to sellers. October’s benchmark price was $1.51M, 0.5% above September and up 9% vs October 2019. The average sold price of $1.68M was 0.8% above September and up 11% vs October 2019.
VS
VS
VS
VS
VS
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 562 171 30%
% Change
No. 606 108 18%
% Change
TOTAL LISTINGS
538 150 28%
-4%
-11% 39% 56%
TOTAL SALES
-12%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
-8%
$1,507,200 $1,499,100 $1,681,847 $1,667,694
0.5% $1,378,300 0.8% $1,516,359
9%
11%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.51
$1.50
$1.46
$1.45
$1.43
$1.40
$1.38
1.67
1.62
1.60
1.55
1.53
1.52
606
538
547
455
427
417
388
150
118
108
105
86
73
50
Oct-19
Sep-20
Oct-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 November 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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