DETACHED APRI L vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 12 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
16 % DOWN
-
15 % DOWN
37 % DOWN
BUYER’S 9 %
The number of detached listings in Vancouver East in April, at 728, were up 6% from March but 15% below April 2018. The 66 detached sales were 25% above March but 37% lower vs April 2018. The sales-to-listings ratio slightly increased to 9% in April, reflecting buyer’s market conditions for Vancouver East’s detached segment. April’s benchmark price was $1.36M, 2% below March 2019 and 12% lower than in April 2018. The average sold price of $1.44M was 4% below March and 16% lower than in April 2018.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 690
% Change
No. 860 104 12%
% Change
TOTAL LISTINGS
728
6%
-15% -37% -25%
TOTAL SALES
66 9%
53 8%
25% 18%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$1,357,200 $1,390,700 $1,437,330 $1,496,181
-2% $1,544,100 -12% -4% $1,712,595 -16%
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-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
MILLIONS
$1.54
$1.54
$1.53
$1.48
$1.45
2.69
$1.41
$1.36
2.54
2.48
918
888
860
839
728
654
602
1.69
1.66
1.65
104
98
79
66
58
54
42
Apr-18
Mar-19
Apr-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
CurrentasofMay3,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The information setoutherein (the “Information”) is intended for informationalpurposesonly.RAR&RMShasnotverified the 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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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