Data sourced from SnapStats Publishing.
January 2019 Market Update
Below is the price analysis for Jan 2019 in Vancouver West and Vancouver East. It includes information on detached homes, attached condos and townhomes. See what are the current market trends!
Market Summary for Vancouver West: Detached
- Buyers Market at 6% Sales Ratio average (6 in 100 homes selling rate)
- Homes are selling on average 10% below list price
- Most Active Price Band** $2 mil to $2.25 mil / $2.5 mil to $2.75 mil with average 33% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes $5 mil plus, South Granville and minimum 7 bedroom properties
- Sellers Best Bet** Selling homes in Dunbar and 5 to 6 bedroom properties
Market Summary for Vancouver West: Attached
- Balanced Market at 10% Sales Ratio average (1 in 10 homes selling rate)
- Homes are selling on average 4% below list price
- Most Active Price Band** $800,000 to $900,000 with average 22% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.25 mil to $1.75 mil, Cambie, University and 3 bedroom properties
- Sellers Best Bet** Selling homes in Point Grey and up to 1/ minimum 4 properties
Market Summary for Vancouver East: Detached
- Buyers Market at 8% Sales Ratio average (8 in 100 homes selling rate)
- Homes are selling on average 3% below list price
- Most Active Price Band** $1 mil to $1.25 mil with average 36% Sales Ratio (Sellers market)
- Buyers Best Bet* Homes between $1.75 mil to $2.25 mil, Collingwood, Fraser and minimum 7 bedroom properties
- Sellers Best Bet** Selling homes in Mount Pleasant and up to 2 bedroom properties
Market Summary for Vancouver East: Attached
- Balanced Market at 14% Sales Ratio average (1.4 in 10 homes selling rate)
- Homes are selling on average 5% below list price
- Most Active Price Band** $300,000 to $400,000 with average 31% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1 mil to $1.25 mil, Downtown, Renfrew, Victoria and minimum 2 bedroom properties
- Sellers Best Bet** Selling homes in Main and up to 1 bedroom properties
*With a minimum inventory of 10 in most instances
