DETACHED - JULY 2019 vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 11 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
55 % UP
10 % DOWN
-
23 % DOWN
BALANCED 15 %
The number of detached listings in Vancouver East in July, at 682, were down 5% from June and 23% below July 2018. The 104 detached sales were 16% above June and 55% higher vs July 2018. The sales-to-listings ratio increased to 15% in July, reflecting balanced market conditions for Vancouver East’s detached segment. July’s benchmark price was $1.35M, virtually unchanged from June 2019 and 11% lower than in July 2018. The average sold price of $1.45M was 4% below June and 10% lower than in July 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 716
% Change
No. 881
% Change
TOTAL LISTINGS
682 104 15%
-5% 16% 21%
-23% 55% 101%
TOTAL SALES
90
67 8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
13%
$1,352,800 $1,350,100 0.2% $1,524,600 -11%
$1,452,236 $1,511,648
-4% $1,618,830 -10%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.52
$1.50
$1.46
$1.42
2.55
$1.39
$1.35
$1.35
2.46
2.44
867
881
804
735
682
679
637
1.65
1.60
1.57
124
104
73
67
58
53
45
Jul-18
Jun-19
Jul-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
CurrentasofAugust7,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The informationsetoutherein (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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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