DETACHED - DECEMBER 2019 greater vancouver board area
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
25 % DOWN
0.5 % UP
-
72 % UP
BALANCED 17 %
Detached listings in the REBGV decreased to 3,585 in December, 31% below November and 25% lower vs December 2018. Detached sales, at 604, decreased 27% compared to November but were 72% higher vs December 2018. The sales-to-listings ratio slightly increased to 17%, as the REBGV detached market remained in bal- anced market territory. The detached benchmark price in December was $1.42M, 0.6% higher month-over-month but a 4% decline year-over-year. The average sold price was $1.67M, up 6% from the previous month and 0.5% higher year-over-year.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
3,585
5,202
-31% -27%
4,811
-25% 72% 130%
TOTAL SALES
604 17%
833 16%
352
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
5%
7%
$1,423,500 $1,415,400 0.6% $1,482,200
-4%
$1,671,805 $1,583,878
6% $1,662,724 0.5%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.48
$1.44
$1.43
$1.42
$1.42
$1.41
$1.41
1.86
1.83
1.83
6,829
6,523
6,330
5,767
5,595
1.19
1.19
1.18
4,811
3,585
945
760
711
604
584
452
352
Dec-18
Nov-19
Dec-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
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 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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