Data sourced from SnapStats Publishing.
September 2018 Market Update
Below is the price analysis for Sept 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 5% Sales Ratio average (5 in 100 homes selling rate)
- Homes are selling on average 6% below list price
- Most Active Price Band** $2.5 mil to $2.75 mil with average 24% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes $3.5 mil to $4 mil, South Granville and minimum 5 bedroom properties
- Sellers Best Bet** Selling homes in Kerrisdale, Oakridge and 3 to 4 bedroom properties
Market Summary for Vancouver West: Attached
- Balanced Market at 14% Sales Ratio average (1.4 in 10 homes selling rate)
- Homes are selling on average 4% below list price
- Most Active Price Band** $400,000 to $600,000 with average >100% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.75 mil to $2 mil, Cambie, Kerrisdale, Shaughnessy, South Granville and 3 bedroom properties
- Sellers Best Bet** Selling homes in Kitsilano, Mount Pleasant and up to 1 bedroom properties
Market Summary for Vancouver East: Detached
- Buyers Market at 9% Sales Ratio average (9 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 31% Sales Ratio (Sellers market)
- Buyers Best Bet* Homes between $2.75 mil to $3 mil, Collingwood, Fraserview, South Vancouver and Victoria
- Sellers Best Bet** Selling homes in Killarney and 3 to 4 bedroom properties
Market Summary for Vancouver East: Attached
- Sellers Market at 22% Sales Ratio average (2.2 in 10 homes selling rate)
- Homes are selling on average 2% below list price
- Most Active Price Band** $500,000 to $600,000 with average 29% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Downtown, Fraserview, Renfrew, Victoria and 2 bedroom properties
- Sellers Best Bet** Selling homes in Fraser, Grandview, Hastings East, Main and up to 1 bedroom properties
*With a minimum inventory of 10 in most instances
