DETACHED FEBRUARY vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
11 % DOWN
36 %
20 % UP
58 % UP
The number of detached listings in Vancouver East in February, at 380, was 4% higher month-over- month but 11% lower year-over-year. The 136 detached sales were 24% higher month- over-month and 58% above February 2020. The sales-to-listings ratio increased to 36% in February, as Vancouver East’s detached segment remained favourable to sellers. February’s benchmark price was $1.57M, 1.2% above January and up 9% vs February 2020. The average sold price of $1.82M was 0.6% below January but up 20% vs February 2020.
VS
VS
VS
VS
VS
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 366 110 30%
% Change
No. 427
% Change
TOTAL LISTINGS
380 136 36%
4%
-11% 58% 78%
TOTAL SALES
24% 19%
86
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
20%
$1,565,800 $1,546,700 $1,816,812 $1,827,789
1.2% $1,430,100 -0.6% $1,516,657
9%
20%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.57
$1.55
$1.51
$1.50
$1.46
$1.45
$1.43
1.73
1.72
1.59
1.52
1.51
1.50
568
547
455
427
417
380
373
150
136
132
118
105
86
50
Feb-20
Jan-21
Feb-21
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
Copyright © 2021 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 March 3, 2021. All data from Real Estate Board of 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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