CONDO JANUARY vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 0.6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
63 % UP
4 % DOWN
22 % DOWN
SELLER’S 29 %
1.0 % UP
Condo listings in Vancouver East decreased 1.1% month-over-month (to 273) while January’s listings were down 22% year-over-year. Condo sales decreased by 20% from December (to 78) but were up 63% vs last year. The sales-to-listings ratio decreased to 29%, as Vancouver East’s condo segment remained in sell- er’s market territory. January’s condo benchmark price was $568,600, 1.7% above December and 0.6% higher year-over-year. The average sold price was $614,710, a 1.2% decrease from last month, with an average PSF sales price of $839, 4% below last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 276
% Change
No. 350
% Change
TOTAL LISTINGS
273
-1.1% -20% -20%
-22% 63% 108% 0.6% 1.0%
TOTAL SALES
78
98
48
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
29%
36%
14%
$568,600 $559,300 $614,710 $621,912
1.7% $565,100 -1.2% $608,696
$839
$878
-4%
$873
-4%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$565,100 $572,700 $569,300 $550,600 $548,300 $551,800 $568,600
538
516
500
434
377
350
273
148
145
141
127
93
78
48
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
. . . . 0 0 0 0 QD QD SELLER'S MARKET BALANCED BUYER'S MARKET S-L RATIO SALES INVENTORY
1
3+ bdrms
20
34
2 bdrms
158
43
<2 bdrms
95
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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