DETACHED - JUNE 2019 vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 12 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
4 % DOWN
-
21 % DOWN
8 % DOWN
BALANCED 12 %
The number of detached listings in Vancouver East in June, at 725, were down 3% from May and 21% below June 2018. The 90 detached sales were 27% below May and 8% lower vs June 2018. The sales-to-listings ratio decreased to 12% in June, reflecting balanced market conditions for Vancouver East’s detached segment. June’s benchmark price was $1.35M, virtually unchanged from May 2019 and 12% lower than in June 2018. The average sold price of $1.51M was 3% above May but 4% lower than in June 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 751 124 17%
% Change
No. 918
% Change
TOTAL LISTINGS
725
-3%
-21% -8% 16%
TOTAL SALES
90
-27% -25%
98
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
12%
11%
$1,350,100 $1,347,000 0.2% $1,535,800 -12%
$1,511,648 $1,460,871
3% $1,579,663
-4%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.54
$1.52
$1.48
$1.43
$1.41
2.55
$1.36
$1.35
2.44
2.37
918
888
839
748
725
654
602
1.61
1.57
1.54
98
90
79
66
58
54
42
Jun-18
May-19
Jun-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 QD
S-L RATIO SALES INVENTORY
CurrentasofJuly3,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The information setoutherein (the “Information”) is intended for informationalpurposesonly.RAR&RMShasnotverified the informationanddoesnot represent,warrantorguarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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