DETACHED - MAY 2019 vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 13 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
16 % DOWN
-
18 % DOWN
11 % DOWN
BALANCED 17 %
The number of detached listings in Vancouver East in May, at 738, were down 0.5% from April and 18% below May 2018. The 124 detached sales were 88% above April but 11% lower vs May 2018. The sales-to-listings ratio increased to 17% in May, reflecting balanced market conditions for Vancouver East’s detached segment. May’s benchmark price was $1.35M, 0.7% below April 2019 and 13% lower than in May 2018. The average sold price of $1.46M was 1.6% above April but 16% lower than in May 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 742
% Change
No. 895 139 16%
% Change
TOTAL LISTINGS
738 124 17%
-0.5%
-18% -11%
TOTAL SALES
66 9%
88% 89%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
8%
$1,347,000 $1,356,000 -0.7% $1,543,600 -13% $1,460,871 $1,437,330 1.6% $1,743,759 -16%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.54
$1.54
$1.50
$1.47
$1.43
2.68
$1.39
$1.35
2.47
895
2.37
895
884
822
738
700
657
1.67
1.56
1.54
139
124
73
67
58
53
45
May-18
Apr-19
May-19
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
CurrentasofJune4,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The informationsetoutherein (the“Information”) is intended for informationalpurposesonly.RAR&RMShasnotverifiedthe informationanddoesnot represent,warrantorguarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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