DETACHED JULY vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 10 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
38 % DOWN
SELLER’S 32 %
13 % UP
36 % UP
The number of detached listings in Vancouver East in July, at 441, were 2% below June and 38% lower vs July 2019. The 141 detached sales were 34% higher month- over-month and 36% above July 2019. The sales-to-listings ratio increased to 32% in July, as Vancouver East’s detached segment remained favourable to sellers. July’s benchmark price was $1.49M, 1.9% above June and up 10% vs July 2019. The average sold price of $1.64M was 1.3% above June and up 13% vs July 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 452 105 23%
% Change
No. 711 104 15%
% Change
TOTAL LISTINGS
441 141 32%
-2% 34% 38%
-38% 36% 119%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$1,487,300 $1,459,100 $1,641,840 $1,621,499
1.9% $1,355,200 1.3% $1,452,236
10% 13%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.49
$1.45
$1.45
$1.42
$1.39
$1.37
$1.36
1.68
1.64
1.58
1.52
1.51
1.50
711
645
554
441
431
418
404
141
109
109
108
104
64
54
Jul-19
Jun-20
Jul-20
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 © 2020 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 August 7, 2020. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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