CONDO MARCH vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE 3 % UP
BENCHMARK PRICE 3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
131 % UP
12 % UP
SELLER’S 89 %
1.9 % DOWN
Condo listings in Vancouver East decreased 13% month-over-month (to 354) while March’s listings were down 1.9% year-over-year. Condo sales increased 73% from February (to 316) and were up 131% vs last year. The sales-to-listings ratio increased to 89%, as Vancouver East’s condo segment remained in sell- er’s market territory. March’s condo benchmark price was $619,900, 3% higher month-over-month and year-over-year. The average sold price was $681,927, a 4% increase from last month, with an average PSF sales price of $893, 1.4% above last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 409 183 45%
% Change
No. 361 137 38%
% Change
TOTAL LISTINGS
354 316 89%
-13% 73% 100%
-1.9% 131% 135%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$619,900 $599,600 $681,927 $658,123
3% $602,100 4% $607,985
3%
12%
$893
$881
1.4%
$864
3%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$602,100 $595,300 $590,300 $596,900 $585,900 $595,800 $619,900
644
604
553
418
395
361
354
197
316
160
156
137
98
76
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
14
3+ bdrms
BUYER'S MARKET
29
128
2 bdrms
197
174
<2 bdrms
. . . . 0 0 0 0
128
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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