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)
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)
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)
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)
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)
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)
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)