DETACHED - DECEMBER 2019 vancouver east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 3 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
74 % UP
-
39 % DOWN
SELLER’S 21 %
0.2 % UP
The number of detached listings in Vancouver East in December, at 354, were down 35% from November and were 39% lower vs December 2018. The 73 detached sales were 35 below November but 31 above December 2018. The sales-to-listings ratio increased to 21% in December, reflecting seller’s market conditions for Vancouver East’s detached segment. December’s benchmark price was $1.39M, 0.9% above November but 3% lower than in December 2018. The average sold price of $1.54M was 0.7% above November and relatively unchanged vs December 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 541 108 20%
% Change
No. 585
% Change
TOTAL LISTINGS
354
-35% -32%
-39% 74% 187%
TOTAL SALES
73
42 7%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
21%
3%
$1,390,100 $1,377,100 $1,543,671 $1,532,729
0.9% $1,434,600 0.7% $1,540,674
-3%
0.2%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.43
$1.41
$1.39
$1.36
$1.36
$1.35
$1.35
1.65
1.60
1.58
1.57
1.56
1.54
728
723
679
634
604
585
354
108
90
73
73
66
54
42
Dec-18
Nov-19
Dec-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
. . . 0 0 0 0 0 QD QD QD QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
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 January 6, 2020. All data from RealEstateBoardof 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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