DETACHED APRI L vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
47 % DOWN
BALANCED 13 %
24 % DOWN
10 % UP
The number of detached listings in Vancouver East in April, at 388, were 7% belowMarch and 47% lower vs April 2019. The 50 detached sales were 54% lower month-over- month and 24% lower year-over-year. The sales-to-listings ratio decreased to 13% in April, as Vancouver East’s detached segment transitioned to a balanced market. April’s benchmark price was $1.43M, relatively unchanged fromMarch and up 5% vs April 2019. The average sold price of $1.59Mwas 1.6% above March and up 10% vs April 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 415 109 26%
% Change
No. 728
% Change
TOTAL LISTINGS
388
-7%
-47% -24% 42%
TOTAL SALES
50
-54% -51%
66 9%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
13%
$1,430,100 $1,426,500 $1,585,418 $1,560,276
0.3% $1,356,000 1.6% $1,437,330
5%
10%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.43
$1.41
$1.39
$1.36
$1.36
$1.35
$1.35
1.60
1.57
1.56
1.54
1.53
1.50
728
723
679
605
422
388
386
108
90
86
73
73
66
50
Apr-19
Mar-20
Apr-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 May 5, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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