Here are the real estate stats for the Vancouver housing market in June 2017. We will only look at resale detached houses. Condos and townhouses are excluded. Brand new construction is also excluded. Each graph goes back 3 years.
Average Sales Price
Average Sales Price of detached houses in Vancouver BC in June 2017 (see graph below)
Vancouver East: $1,692,376 | +1.8% (change since June 2016)
Vancouver West: $3,931,582 | -5.3% (change since June 2016)
Average Percent of Original Price
Average percent of original price of detached houses in Vancouver BC in June 2017 (see graph below)
Vancouver East: 100.7% | -4.7% (change since June 2016)
Vancouver West: 97.9% | -4.4% (change since June 2016)
Total Inventory
Total Inventory of detached houses in Vancouver BC in June 2017 (see graph below)
Vancouver East: 785 | +37.5% (change since June 2016)
Vancouver West: 712 | +11.8% (change since June 2016)
New Listings
Total number of the new listings of detached houses in Vancouver BC in June 2017 (see graph below)
Vancouver East: 332 | +4.7%(change since June 2016)
Vancouver West: 323 | +2.5% (change since June 2016)
Sales
Total number of detached houses sold in Vancouver BC in June 2017 (see graph below)
Vancouver East: 156 | +1.3% (change since June 2016)
Vancouver West: 108 | -27.5% (change since June 2016)
Sales to Active Listings Ratio
Sales to the active listings ratio of detached houses in Vancouver BC in June 2017 (see graph below)
Vancouver East: 0.199 | -26.3% (change since June 2016)
Vancouver West: 0.152 | -35.0% (change since June 2016)
In conclusion, Vancouver housing prices are holding steady. Properties are selling reasonably well. We see good inventory levels and good influx of new listings every month. The housing market in Vancouver East is stronger than in Vancouver West with more buyer activity. Overall both Vancouver East and Vancouver West are balanced markets (based on sales to active listings ratio).