August 2018 | Vancouver Real Estate Stats Summary


Each month Jamie gives us a video breakdown of what's happening in the Vancouver Real Estate Market, including Downtown, Vancouver Westside, Eastside, Richmond and Ladner.

Vancouver Real Estate Statistics

Vancouver Downtown

  • Market Type Indicator VANCOUVER DOW NTOW N ATTACHED: Sellers Market at 24% Sales Ratio average (2.4 in 10 Homes selling rate)
  • Homes are selling on average 1% below list price
  • Most Active Price Band** $500,000 to $600,000 with average >100% Sales Ratio (Sellers m arket)
  • Buyers Best Bet** Homes between $3 mil to $3.5 mil, Coal Harbour and 3 bedroom properties
  • Sellers Best Bet** Selling Homes in Downtown and up to 1 bedroom properties

**With minimum inventory of 10 in Most instances

Vancouver Westside

  • Market Type Indicator VANCOUVER W ESTSIDE DETACHED: Buyers Market at 8% Sales Ratio average (8 in 100 Homes selling rate)
  • Homes are selling on average 9% below list price
  • Most Active Price Band** $1.75 mil to $2 mil with average 27% Sales Ratio (Sellers m arket)
  • Buyers Best Bet** Homes $4 mil plus, Kerrisdale, Shaughnessy, South Granville and up to 2 bedroom properties
  • Sellers Best Bet** Selling Homes in Kitsilano and 3 to 4 bedroom properties

**With minimum inventory of 10 in Most instances

  • Market Type Indicator VANCOUVER W ESTSIDE ATTACHED: Sellers Market at 24% Sales Ratio average (2.4 in 10 Homes selling rate)
  • Homes are selling on average 2% below list price
  • Most Active Price Band** $400,000 to $500,000 with average >100% Sales Ratio (Sellers m arket)
  • Buyers Best Bet** Homes between $2.75 mil to $3 mil, Quilchena and minimum 4 bedroom properties
  • Sellers Best Bet** Selling Homes in Kitsilano, Point Grey and up to 1 bedroom properties

**With minimum inventory of 10 in Most instances

Vancouver Eastside

  • Market Type Indicator VANCOUVER EASTSIDE DETACHED: Buyers Market at 7% Sales Ratio average (7 in 100 Homes selling rate)
  • Homes are selling on average 3% below list price
  • Most Active Price Band** $1 mil to $1.25 mil with average 43% Sales Ratio (Sellers m arket)
  • Buyers Best Bet** Homes between $2 mil to $2.5 mil, South Vancouver, Victoria and minimum 7 bedroom s
  • Sellers Best Bet** Selling Homes in Mount Pleasant and up to 2 bedroom properties

**With minimum inventory of 10 in Most instances

  • Market Type Indicator VANCOUVER EASTSIDE ATTACHED: Sellers Market at 32% Sales Ratio average (3.2 in 10 Homes selling rate)
  • Homes are selling on average 2% below list price
  • Most Active Price Band** $300,000 to $400,000 with average 60% Sales Ratio (Sellers m arket)
  • Buyers Best Bet** Homes between $1.25 mil to $1.75 mil, Fraserview, Hastings East, Killarney and minimum 4 bedroom s
  • Sellers Best Bet** Selling Homes in Fraser, Hastings, Mount Pleasant up to 1 bedroom properties

**With minimum inventory of 10 in Most instances

Richmond

  • Market Type Indicator RICHM OND DETACHED: Buyers Market at 7% Sales Ratio average (7 in 100 Homes selling rate)
  • Homes are selling on average 9% below list price
  • Most Active Price Band** $1 mil to $1.25 mil with average 32% Sales Ratio (Sellers m arket)
  • Buyers Best Bet** Homes between $2.75 mil to $3 mil, Woodwards and 5 to 6 bedroom properties
  • Sellers Best Bet** Selling Homes in Steveston South and minimum 7 bedroom properties

**With minimum inventory of 10 in Most instances

  • Market Type Indicator RICHM OND ATTACHED: Sellers Market at 25% Sales Ratio average (2.5 in 10 Homes selling rate)
  • Homes are selling on average 2% below list price
  • Most Active Price Band** $300,000 to $400,000 with average >100% Sales Ratio (Sellers m arket)
  • Buyers Best Bet** Homes between $1.25 mil to $1.75 mil, Bridgeport, Steveston Village and minimum 3 bedroom properties
  • Sellers Best Bet** Selling Homes in Boyd Park, Terra Nova, West Cam bie and minimum 3 bedroom properties

**With minimum inventory of 10 in Most instances

Ladner

  • Market Type Indicator LADNER DETACHED: Balanced Market at 12% Sales Ratio average (1.2 in 10 Homes selling rate)
  • Homes are selling on average 4% below list price
  • Most Active Price Band** $800,000 to $900,000 with average 25% Sales Ratio (Sellers m arket)
  • Buyers Best Bet** Homes between $1 mil to $1.25 mil, Holly and 5 to 6 bedroom properties
  • Sellers Best Bet** Selling Homes in Hawthorne and up to 2 bedroom properties

**With minimum inventory of 10 in Most instances

  • Market Type Indicator LADNER ATTACHED: Sellers Market at 22% Sales Ratio average (2.2 in 10 Homes selling rate)
  • Homes are selling on average 100% of list price
  • Most Active Price Band** $500,000 to $600,000 with average 20% Sales Ratio (Balanced m arket)
  • Buyers Best Bet** Homes between $800,000 to $900,000, Ladner Elementary, Neilsen Grove and 3 bedroom properties
  • Sellers Best Bet** Selling Homes in Hawthorne and 2 bedroom properties

**With minimum inventory of 10 in Most instances