Month: April 2018

Here is a real estate market update for the detached housing market in Vancouver BC in March 2018.

MLS Home Price Index

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

Vancouver East: $1,553,100 | +6.9% (change since March 2017)

Vancouver West: $3,449,000 | -0.4% (change since March 2017)

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Average Sales Price

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

Vancouver East: $1,659,897 | +4.8% (change since March 2017)

Vancouver West: $3,365,564 | -11.3% (change since March 2017)

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Average Percent of Original Price

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

Vancouver East: 96.9% | -1.6% (change since March 2017)

Vancouver West: 93.2% | -2.9% (change since March 2017)

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Total Inventory

Total Inventory for detached housing market in Vancouver BC in March 2018 (see graph below)

Vancouver East: 725 | +2.7% (change since March 2017)

Vancouver West: 810 | +29.0% (change since March 2017)

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New Listings

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

Vancouver East: 240 | -9.1% (change since March 2017)

Vancouver West: 231 | +17.9% (change since March 2017)

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Sales

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

Vancouver East: 84 | -46.2% (change since March 2017)

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

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Sales to Actives Ratio

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

Vancouver East: 0.116 | -47.5% (change since March 2017)

Vancouver West: 0.065 | -55.5% (change since March 2017)

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

Average Sales Price

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

Coal Harbour: $825,500 | +21.4% (change since March 2017)

Downtown VW: $706,666 | +27.6% (change since March 2017)

West End: $626,924 | +17.7% (change since March 2017)

Yaletown: $775,418 | +17.9% (change since March 2017)

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Average Percent of Original Price

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

Coal Harbour: 101.1% | +2.4% (change since March 2017)

Downtown VW: 101.9% | +1.5% (change since March 2017)

West End: 103.8% | +0.5% (change since March 2017)

Yaletown: 102.1% | +0.4% (change since March 2017)

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Average Price Per Square Foot

Average Price Per Square Foot of one bedroom and studio condo units in downtown Vancouver in March 2018 (see graph below)

Coal Harbour: $1,423 | +27.9% (change since March 2017)

Downtown VW: $1,224 | +29.8% (change since March 2017)

West End: $1,031 | +13.9% (change since March 2017)

Yaletown: $1,219 | +16.0% (change since March 2017)

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Total Inventory

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

Coal Harbour: 19 | +58.3% (change since March 2017)

Downtown VW: 73 | -50.0% (change since March 2017)

West End: 28 | +21.7% (change since March 2017)

Yaletown: 41 | -6.8% (change since March 2017)

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New Listings

New Listings of one bedroom and studio condo units in downtown Vancouver in March 2018 (see graph below)

Coal Harbour: 15 | +25.0% (change since March 2017)

Downtown VW: 75 | +11.9% (change since March 2017)

West End: 35 | +12.9% (change since March 2017)

Yaletown: 43 | +4.9% (change since March 2017)

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Sales

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

Coal Harbour: 6 | -50.0% (change since March 2017)

Downtown VW: 47 | -24.2% (change since March 2017)

West End: 23 | -20.7% (change since March 2017)

Yaletown: 26 | -16.1% (change since March 2017)

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Sales to Actives Ratio

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

Coal Harbour: 0.316 | -68.4% (change since March 2017)

Downtown VW: 0.644 | +51.5% (change since March 2017)

West End: 0.821 | -34.9% (change since March 2017)

Yaletown: 0.634 | -10.1% (change since March 2017)