DETACHED - OCTOBER 2019 vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 8 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
37 % UP
-
29 % DOWN
BALANCED 19 %
1.6 % DOWN
The number of detached listings in Vancouver East in October, at 583, were down 8% from September and 29% lower vs October 2018. The 108 detached sales were 0.9% below September 2019 but 37% above October 2018. The sales-to-listings ratio increased to 19% in October, reflecting balanced market conditions for Vancouver East’s detached segment. October’s benchmark price was $1.36M, relatively unchanged from September 2019 and 8% lower than in October 2018. The average sold price of $1.52M was relatively unchanged vs September and 1.6% lower vs October 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 635 109 17%
% Change
No. 820
% Change
TOTAL LISTINGS
583 108 19%
-8%
-29% 37% 92%
TOTAL SALES
-0.9%
79
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
8%
10%
$1,360,500 $1,358,700 $1,516,359 $1,522,611
0.1% $1,475,600 -0.4% $1,540,946
-8%
-1.6%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.48
$1.43
$1.41
$1.36
$1.36
$1.35
$1.35
2.52
2.48
2.46
820
726
722
1.70
678
1.61
633
1.60
583
584
108
90
79
73
66
54
42
Oct-18
Sep-19
Oct-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
S-L RATIO SALES INVENTORY
Copyright © 2019 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 November 6, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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