July 2018 | Greater Vancouver Real Estate Statistics

Every month Jamie gives us a video breakdown on what is happening in the Vancouver Real Estate Market. This month Jamie walks us through the Downtown, Vancouver Westside, Eastside, Ladner Areas and  more.

Everything you need to know about the Vancouver Real Estate Market

Vancouver Real Estate Statistics

Vancouver Downtown

  • Market Type Indicator DOWNTOWN ATTACHED: Sellers Market at 21% Sales Ratio average (2.1 in 10 Homes selling rate)
  • Homes are selling on average 100% of list price
  • Most Active Price Band** $600,000 to $700,000 with average 58% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $1.75 mil to $2 mil, Coal Harbour, Yaletown and 3 bedroom properties
  • Sellers Best Bet** Selling Homes in Westend and up to 1 bedroom properties

**With minimum  inventory of 10 in Most instances

Vancouver Westside

  • Market Type Indicator VANCOUVER WESTSIDE DETACHED: Buyers Market at 7% Sales Ratio average (7 in 100 Homes selling rate)
  • Homes are selling on average 5% below list price
  • Most Active Price Band** $2 mil to $2.5 mil with average 24% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes $5 mil plus, M arpole, South Granville and minimum 7 bedroom properties
  • Sellers Best Bet** Selling Homes in Southlands, University and up to 4 bedroom properties

**With minimum  inventory of 10 in Most instances

  • Market Type Indicator VANCOUVER WESTSIDE ATTACHED: Sellers Market at 28% Sales Ratio average (2.8 in 10 Homes selling rate)
  • Homes are selling on average 2% below list price
  • Most Active Price Band** $700,000 to $800,000 with average 61% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $2.25 mil to $2.5, Dunbar, Quilchena and minimum 4 bedroom properties
  • Sellers Best Bet** Selling Homes in South Cambie 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 9% Sales Ratio average (9 in 100 Homes selling rate)
  • Homes are selling on average 4% below list price
  • Most Active Price Band** $1 mil to $1.25 mil with average 28% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $2.25 mil to $3 mil, Collingwood, Grandview, Victoria and minimum 7 bedroom properties
  • Sellers Best Bet** Selling Homes in Mount Pleasant, Renfrew Heights and up to 4 bedroom properties
  • **With minimum  inventory of 10 in Most instances
  • Market Type Indicator VANCOUVER EASTSIDE ATTACHED: Sellers Market at 33% Sales Ratio average (3.3 in 10 Homes selling rate)
  • Homes are selling on average 1% below list price
  • Most Active Price Band** $400,000 to $500,000 with average 53% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Killarney, Victoria and minimum 4 bedroom properties
  • Sellers Best Bet** Selling Homes in Grandview, M ount Pleasant, South Vancouver and up to 1 bedroom properties

**With minimum  inventory of 10 in Most instances

Richmond

  • Market Type Indicator RICHMOND DETACHED: Buyers Market at 10% Sales Ratio average (1 in 10 Homes selling rate)
  • Homes are selling on average 9% below list price
  • Most Active Price Band** $1 mil to $1.25 mil with average 61% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $2.75 mil to $3 mil, Garden City, Granville, Quilchena and up to 2 bedroom properties
  • Sellers Best Bet** Selling Homes in Boyd Park and 3 to 4 bedroom properties

**With minimum  inventory of 10 in Most instances

  • Market Type Indicator RICHMOND ATTACHED: Sellers Market at 24% Sales Ratio average (2.4 in 10 Homes selling rate)
  • Homes are selling on average 100% of list price
  • Most Active Price Band** $0 to $300,000 with average 75% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $900,000 to $1 mil, Steveston Village and minimum 4 bedroom properties
  • Sellers Best Bet** Selling Homes in Ironwood and up to 1 bedroom properties

**With minimum  inventory of 10 in Most instances

Ladner

  • Market Type Indicator LADNER DETACHED: Balanced Market at 17% Sales Ratio average (1.7 in 10 Homes selling rate)
  • Homes are selling on average 4% below list price
  • Most Active Price Band** $900,000 to $1 mil with average 27% Sales Ratio (Sellers market)
  • Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Neilsen Grove, Port Guichon and up to 2 bedroom properties
  • Sellers Best Bet** Selling Homes in Holly and 5 to 6 bedroom properties

**With minimum  inventory of 10 in Most instances

  • Market Type Indicator LADNER ATTACHED: Sellers Market at 30% Sales Ratio average (3 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 25% Sales Ratio (Sellers market)
  • Buyers Best Bet** Insufficient data but Homes with 3 bedroom s
  • Sellers Best Bet** Selling Homes in Neilsen Grove and 2 bedroom properties

**With minimum  inventory of 10 in Most instances

Buying or Selling a home in the Greater Vancouver Area contact Jamie Hooper and his team at https://jamiehooper.com | Vancouver Real Estate