Data sourced from SnapStats Publishing.
November 2018 Market Update
Below is the price analysis for Nov 2018 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 9% Sales Ratio average (9 in 100 homes selling rate)
- Homes are selling on average 6% below list price
- Most Active Price Band** $1.75 mil to $2 mil with average 50% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes $4.5 mil to $5 mil, Kerrisdale and minimum 7 bedroom properties
- Sellers Best Bet** Selling homes in Kitsilano, Oakridge, SW Marina and up to 2 bedroom properties
Market Summary for Vancouver West: Attached
- Balanced Market at 16% Sales Ratio average (1.6 in 10 homes selling rate)
- Homes are selling on average 1% below list price
- Most Active Price Band** $400,000 to $500,000 with average 47% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.75 mil to $2 mil, Cambie, Marpole, Point Grey, South Cambie and minimum 4 bedrooms
- Sellers Best Bet** Selling homes in Fairview, Kitilano up to 1 bedroom properties
Market Summary for Vancouver East: Detached
- Buyers Market at 11% Sales Ratio average (1.1 in 10 homes selling rate)
- Homes are selling on average 3% below list price
- Most Active Price Band** $1 mil to $1.25 mil with average 41% Sales Ratio (Sellers market)
- Buyers Best Bet* Homes between $2.25 mil to $3 mil, Collingwood, Hastings East and minimum 7 bedroom properties
- Sellers Best Bet** Selling homes in Mount Pleasant, Victoria and up to 2 bedroom properties
Market Summary for Vancouver East: Attached
- 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 24% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.75 mil to $2 mil, Collingwood and minimum 7 bedroom properties
- Sellers Best Bet** Selling homes in Grandview and up to 6 bedroom properties
*With a minimum inventory of 10 in most instances
