DETACHED JANUARY vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
20 % UP
-
41 % DOWN
BALANCED 14 %
6 % UP
0.8 % DOWN
The number of detached listings in Vancouver East in January, at 379, were relatively unchanged from December and 41% lower vs January 2019. The 54 detached sales were 26% below December but 20% above January 2019. The sales-to-listings ratio decreased to 14% in January, reflecting balanced market conditions for Vancouver East’s detached segment. January’s benchmark price was $1.41M, 1.3% above December but 0.8% lower than in January 2019. The average sold price of $1.58M was 2% above December and up 6% vs January 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 378
% Change
No. 638
% Change
TOTAL LISTINGS
379
0.3% -26% -26%
-41% 20% 102% -0.8%
TOTAL SALES
54
73
45 7%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
14%
19%
$1,407,700 $1,390,100 $1,577,784 $1,543,671
1.3% $1,418,500 2% $1,485,522
6%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
MILLIONS
$1.42
$1.41
$1.39
$1.38
$1.36
$1.35
$1.35
1.69
1.59
1.58
1.57
1.56
1.49
736
710
681
643
638
552
379
124
109
108
104
54
53
45
Jan-19
Dec-19
Jan-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 February 5, 2020. All data from RealEstateBoardof 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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