DETACHED MARCH vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 14 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
SELLER’S 49 %
19 % UP
15 % UP
125 % UP
The number of detached listings in Vancouver East in March, at 498, was 24% higher month-over- month and 15% higher year-over-year. The 245 detached sales were 80% higher month- over-month and 125% above March 2020. The sales-to-listings ratio increased to 49% in March, as Vancouver East’s detached segment remained favourable to sellers. March’s benchmark price was $1.64M, 5% above February and up 14% vs March 2020. The average sold price of $1.86M was 3% above February and up 19% vs March 2020.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 403 136 34%
% Change
No. 432 109 25%
% Change
TOTAL LISTINGS
498 245 49%
24% 80% 46%
15%
TOTAL SALES
125%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
95% 14% 19%
$1,644,800 $1,565,800 $1,863,065 $1,816,812
5% $1,448,700 3% $1,560,276
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-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.64
$1.55
$1.53
$1.50
$1.49
$1.45
$1.45
1.72
1.68
1.60
1.58
1.52
1.51
580
529
498
460
432
419
382
245
171
141
138
110
109
64
Mar-20
Feb-21
Mar-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 April 6, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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