DETACHED MARCH vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
41 % DOWN
SELLER’S 27 %
4 % UP
106 % UP
The number of detached listings in Vancouver East in March, at 399, were 3% below February and 41% lower vs March 2019. The 109 detached sales were 27% higher month- over-month and 106% higher year-over-year. The sales-to-listings ratio increased to 27% in March, reflecting seller’s market conditions for Vancouver East’s detached segment. March’s benchmark price was $1.43M, an increase of 1.3% from February and up 3% vs March 2019. The average sold price of $1.56M was 3% above February and up 4% vs March 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 412
% Change
No. 681
% Change
TOTAL LISTINGS
399 109 27%
-3% 27% 31%
-41% 106% 251%
TOTAL SALES
86
53 8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
21%
$1,426,500 $1,407,700 $1,561,193 $1,516,657
1.3% $1,389,200 3% $1,496,181
3% 4%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.43
$1.41
$1.39
$1.38
$1.36
$1.35
$1.35
1.61
1.60
1.56
1.56
1.53
1.50
736
710
681
644
553
399
402
124
109
109
108
104
54
53
Mar-19
Feb-20
Mar-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 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 April 3, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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