Month: March 2018

Real Estate Market Update for 1 Bedroom Condo Units in Burnaby BC – February 2018

Oleg First time buyers, For Buyers, For Sellers, Market update, Statistics

Home Price Index

Home price index for one bedroom and studio condo units in Burnaby in February 2018 (see graph below)

Burnaby East: $706,700 | +29.6% (change since February 2017)

Burnaby North: $642,500 | +28.4% (change since February 2017)

Burnaby South: $710,100 | +26.4% (change since February 2017)

Average Sales Price

Average Sales Price for one bedroom and studio condo units in Burnaby in February 2018 (see graph below)

Burnaby East: $544,400 | +44.8% (change since February 2017)

Burnaby North: $478,723 | +36.3% (change since February 2017)

Burnaby South: $507,538 | +15.4% (change since February 2017)

 

Average Percent of Original Price

Average Percent of Original Price for one bedroom and studio condo units in Burnaby in February 2018 (see graph below)

Burnaby East: 106.6% | +6.4% (change since February 2017)

Burnaby North: 105.1% | +5.2% (change since February 2017)

Burnaby South: 104.9% | +5.6% (change since February 2017)

Average Price Per Square Foot

Average Price Per Square Foot for one bedroom and studio condo units in Burnaby in February 2018 (see graph below)

Burnaby East: $803 | +30.8% (change since February 2017)

Burnaby North: $724 | +33.6% (change since February 2017)

Burnaby South: $823 | +16.7% (change since February 2017)

Total Inventory

Total Inventory for one bedroom and studio condo units in Burnaby in February 2018 (see graph below)

Burnaby East: 5 | +150.0% (change since February 2017)

Burnaby North: 9 | -78.6% (change since February 2017)

Burnaby South: 28 | -17.6% (change since February 2017)

New Listings

New Listings of one bedroom and studio condo units in Burnaby in February 2018 (see graph below)

Burnaby East: 5 | +66.7% (change since February 2017)

Burnaby North: 17 | -54.1% (change since February 2017)

Burnaby South: 22 | 0.0% (change since February 2017)

Sales

Total Sales of one bedroom and studio condo units in Burnaby in February 2018 (see graph below)

Burnaby East: 5 | +150.0% (change since February 2017)

Burnaby North: 22 | -21.4% (change since February 2017)

Burnaby South: 23 | +27.8% (change since February 2017)

Sales to Actives Ratio

Sales to Active Listings Ratio of one bedroom and studio condo units in Burnaby in February 2018 (see graph below)

Burnaby East: 1.000 | 0.0% (change since February 2017)

Burnaby North: 2.444 | +266.4% (change since February 2017)

Burnaby South: 0.821 | +55.2% (change since February 2017)

Burnaby Detached Housing Market Update – February 2018

Oleg For Buyers, For Sellers, Market update, Statistics

MLS Home Price Index

MLS Home Price Index for the detached houses in Burnaby in February 2018 (see graph below)

Burnaby East: $1,281,200 | +10.4% (change since February 2017)

Burnaby North: $1,532,700 | +2.2% (change since February 2017)

Burnaby South: $1,682,600 | +2.8% (change since February 2017)

Average Sales Price

Average Sales Price for the detached houses in Burnaby in February 2018 (see graph below)

Burnaby East: $1,634,333 | +30.6% (change since February 2017)

Burnaby North: $1,702,882 | +7.0% (change since February 2017)

Burnaby South: $1,920,370 | +6.3% (change since February 2017)

Average Percent of Original Price

Average Percent of Original Asking Price for the detached houses in Burnaby in February 2018 (see graph below)

Burnaby East: 92.3% | -7.4% (change since February 2017)

Burnaby North: 95.3% | -1.2% (change since February 2017)

Burnaby South: 98.2% | +4.6% (change since February 2017)

Total Inventory

Total Inventory of the detached houses in Burnaby in February 2018 (see graph below)

Burnaby East: 75 | +38.9% (change since February 2017)

Burnaby North: 195 | +16.8% (change since February 2017)

Burnaby South: 193 | -9.8% (change since February 2017)

New Listings

All New Listings of the detached houses in Burnaby in February 2018 (see graph below)

Burnaby East: 27 | +12.5% (change since February 2017)

Burnaby North: 67 | -4.3% (change since February 2017)

Burnaby South: 61 | +5.2% (change since February 2017)

Sales

Total Sales of the detached houses in Burnaby in February 2018 (see graph below)

Burnaby East: 8 | +100.0% (change since February 2017)

Burnaby North: 21 | -22.2% (change since February 2017)

Burnaby South: 24 | +50.0% (change since February 2017)

Sales to Actives Ratio

Sales to Active Listings Ratio of the detached houses in Burnaby in February 2018 (see graph below)

Burnaby East: 0.107 | +44.6% (change since February 2017)

Burnaby North: 0.108 | -33.3% (change since February 2017)

Burnaby South: 0.124 | +65.3% (change since February 2017)

Vancouver Housing Market Update for February 2018

Oleg For Buyers, For Sellers, Market update, Statistics

MLS Home Price Index

MLS Home Price Index of detached houses in Vancouver BC in February 2018 (see graph below)

Vancouver East: $1,560,400 | +9.5% (change since February 2017)

Vancouver West: $3,500,600 | +2.3% (change since February 2017)

Average Sales Price

Average Sales Price of detached houses in Vancouver BC in February 2018 (see graph below)

Vancouver East: $1,704,755 | +14.0% | +9.5% (change since February 2017)

Vancouver West: $4,014,355 | +8.1% | +2.3% (change since February 2017)

Average Percent of Original Price

Average Percent of Original Asking Price of detached houses in Vancouver BC in February 2018 (see graph below)

Vancouver East: 96.8% | -0.1% (change since February 2017)

Vancouver West: 93.5% | -2.7% (change since February 2017)

Average Listing to Contract Days

Average Days on the Market for detached houses in Vancouver BC in February 2018 (see graph below)

Vancouver East: 45 | +12.5% (change since February 2017)

Vancouver West: 52 | +48.6% (change since February 2017)

Total Inventory

Total Inventory of detached houses in Vancouver BC in February 2018 (see graph below)

Vancouver East: 671 | -2.6% (change since February 2017)

Vancouver West: 781 | +24.4% (change since February 2017)

New Listings

New Listings of detached houses in Vancouver BC in February 2018 (see graph below)

Vancouver East: 211 | +17.2% (change since February 2017)

Vancouver West: 250 | +47.9% (change since February 2017)

Total Sales

Total Sales of detached houses in Vancouver BC in February 2018 (see graph below)

Vancouver East: 77 | -7.2% (change since February 2017)

Vancouver West: 53 | -42.4% (change since February 2017)

Sales to Actives Ratio

Sales to Active Listings Ratio of detached houses in Vancouver BC in February 2018 (see graph below)

Vancouver East: 0.115 | -4.2% (change since February 2017)

Vancouver West: 0.068 | -53.4% (change since February 2017)

Downtown Vancouver Condo Market Update (1 bedroom and studio) – February 2018

Oleg First time buyers, For Buyers, For Sellers, Market update, Statistics

Here is downtown Vancouver real estate market update for 1 bedroom and studio condo units in February 2018.

Average Sales Price

Average Sales Price of one bedroom and studio condo units in downtown Vancouver in February 2018 (see graph below)

Coal Harbour: $1,050,250 | +49.4% (change since February 2017)

Downtown VW: $681,580 | +25.5% (change since February 2017)

West End: $675,816 | +36.9% (change since February 2017)

Yaletown: $777,014 | +22.6% (change since February 2017)

Average Percent of Original Price

Average Percent of Original Asking Price of one bedroom and studio condo units in downtown Vancouver in February 2018 (see graph below)

Coal Harbour: 101.4% | +2.3% (change since February 2017)

Downtown VW: 103.1% | +2.2% (change since February 2017)

West End: 103.4% | +3.2% (change since February 2017)

Yaletown: 103.7% | +4.2% (change since February 2017)

Average Listing to Contract Days

Average Number of Days it Took to Sell one bedroom and studio condo units in downtown Vancouver in February 2018 (see graph below)

Coal Harbour: 29 | +107.1% (change since February 2017)

Downtown VW: 12 | -14.3% (change since February 2017)

West End: 22 | +29.4% (change since February 2017)

Yaletown: 12 | -50.0% (change since February 2017)

Average Price per Square Foot

Average Price per Square Foot for one bedroom and studio condo units in downtown Vancouver in February 2018 (see graph below)

Coal Harbour: $1,474 | +42.6% (change since February 2017)

Downtown VW: $1,181 | +27.1% (change since February 2017)

West End: $1,063 | +27.0% (change since February 2017)

Yaletown: $1,250 | +12.5% (change since February 2017)

Total Inventory

Total Inventory of one bedroom and studio condo units in downtown Vancouver in February 2018 (see graph below)

Coal Harbour: 17 | +13.3% (change since February 2017)

Downtown VW: 68 | -53.7% (change since February 2017)

West End: 26 | -3.7% (change since February 2017)

Yaletown: 35 | -23.9% (change since February 2017)

New Listings

Total Inventory of one bedroom and studio condo units in downtown Vancouver in February 2018 (see graph below)

Coal Harbour: 9 | -25.0% (change since February 2017)

Downtown VW: 71 | +22.4% (change since February 2017)

West End: 29 | -6.5% (change since February 2017)

Yaletown: 29 | -19.4% (change since February 2017)

Sales

Total Sales of one bedroom and studio condo units in downtown Vancouver in February 2018 (see graph below)

Coal Harbour: 4 | -63.6% (change since February 2017)

Downtown VW: 48 | -9.4% (change since February 2017)

West End: 19 | -36.7% (change since February 2017)

Yaletown: 14 | -51.7% (change since February 2017)

Sales to Actives Ratio

Sales to Active Listings Ratio of one bedroom and studio condo units in downtown Vancouver in February 2018 (see graph below)

Coal Harbour: 0.235 | -67.9% (change since February 2017)

Downtown VW: 0.706 | +95.6% (change since February 2017)

West End: 0.731 | -34.2% (change since February 2017)

Yaletown: 0.400 | -36.5% (change since February 2017)