CONDO APRI L vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
78 % UP
13 % DOWN
13 % DOWN
5 % DOWN
20 % DOWN
SELLER’S 23 %
There was a 16% increase in condo listings in Vancouver East month-over-month (to 499) while April’s listings were up 78% year-over-year. Condo sales increased by 24% from March (to 115) but were down 20% vs last year. The sales-to-listings ratio slightly increased to 23%, as Vancouver East’s condo segment remained in seller’s market territory. April’s condo benchmark price was $547,900, virtually unchanged from March and 5% lower year-over-year. The average sold price was $577,929, a 7% decrease from last month, with an average PSF sales price of $797, 4% below last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 429
% Change
No. 280 144 51%
% Change
TOTAL LISTINGS
499 115 23%
16% 24%
78% -20% -55% -13% -13% -5%
TOTAL SALES
93
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
22%
6%
$547,900 $547,700 $577,929 $618,898
0.0% $574,700 -7% $667,069
$797
$826
-4%
$917
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$574,700 $573,800 $569,300 $569,100
$538,000 $545,200 $547,900
499
465
384
381
361
313
280
146
144
119
115
112
81
53
VANCOUVER EAST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
3
3+ bdrms
BUYER'S MARKET
27
43
2 bdrms
226
69
<2 bdrms
. . . . 0 0 0 0 QD
246
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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