Vancouver Housing Market Update for February 2018

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 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 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 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 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 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 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 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)

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