June 2018 | Vancouver Real Estate Stats Summary

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

Call Jamie to Get Statistics for Metro Vancouver:

Downtown, West Side, East Side, Richmond, Ladner, Tsawwassen, North Van and West Van

 Greater Vancouver including:

Burnaby, New West, Coquitlam, PoCo, Port Moody, Pitt Meadows, Maple Ridge

Statistics for Fraser Valley:

Surrey, White Rock, North Delta, Cloverdale, Langley, Abbotsford, Mission

Vancouver Real Estate Statistics

Vancouver Downtown

  • Market Type Indicator VANCOUVER DOWNTOWN ATTACHED: Sellers Market at 23% Sales Ratio average (2.3 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 52% Sales Ratio (Sellers Market)
  • Buyers Best Bet** Homes $5 mil plus, Coal Harbour, Yaletown and 3 bedroom properties
  • Sellers Best Bet** Selling Homes in Downtown, Westend and up to 1 bedroom properties

**W ith minimum inventory of 10 in Most instances

Vancouver Westside

  • Market Type Indicator VANCOUVER WESTSIDE DETACHED: Buyers Market at 10% Sales Ratio average (1 in 10 Homes selling rate)
  • Homes are selling on average 100% of list price
  • Most Active Price Band** $2 mil to $2.25 mil with average 47% Sales Ratio (Sellers Market)
  • Buyers Best Bet** Homes $3.5 mil plus, Shaughnessy and minimum 7 bedroom properties
  • Sellers Best Bet** Selling Homes in Cambie, Kitsilano and 3 to 4 bedroom properties

**W ith minimum inventory of 10 in Most instances

  • Market Type Indicator VANCOUVER WESTSIDE ATTACHED: Sellers Market at 32% Sales Ratio average (3.2 in 10 Homes selling rate)
  • Homes are selling on average 1% above list price
  • Most Active Price Band** $400,000 to $500,000 with average >100% Sales Ratio (Sellers Market)
  • Buyers Best Bet** Homes between $1.75 mil to $2 mil, South Granville and minimum 3 bedroom properties
  • Sellers Best Bet** Selling Homes in Dunbar, Fairview, M ount Pleasant and up to 1 bedroom properties

** With a minimum inventory of 10 in Most instances

Vancouver Eastside

  • Market Type Indicator VANCOUVER EASTSIDE DETACHED: Balanced Market at 12% Sales Ratio average (1.2 in 10 Homes selling rate)
  • Homes are selling on average 3% below list price
  • Most Active Price Band** $1 mil to $1.25 mil with average 78% Sales Ratio (Sellers Market)
  • Buyers Best Bet** Homes between $2.5 mil to $3 mil, South Vancouver and minimum 5 bedroom properties
  • Sellers Best Bet** Selling Homes in Fraser, Main and up to 4 bedroom properties

** With a minimum inventory of 10 in Most instances

  • Market Type Indicator VANCOUVER EASTSIDE ATTACHED: Sellers Market at 41% Sales Ratio average (4.1 in 10 Homes selling rate)
  • Homes are selling on average 3% above list price
  • Most Active Price Band** $300,000 to $400,000 with average 75% Sales Ratio (Sellers Market)
  • Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Downtown, Killarney, Main and 3 bedroom properties
  • Sellers Best Bet** Selling Homes in Fraser, South Vancouver and up to 1 bedroom properties

** With a 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 5% below list price
  • Most Active Price Band** $1 mil to $1.25 mil with average 38% Sales Ratio (Sellers Market)
  • Buyers Best Bet** Homes between $3 mil to $3.5 mil, Bridgeport, Granville, Quilchena and 3 to 6 bedroom properties
  • Sellers Best Bet** Selling Homes in Terra Nova, West Cambie and up to 2 bedroom properties

** With a minimum inventory of 10 in Most instances

  • Market Type Indicator RICHMOND 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** $300,000 to $400,000 with average 75% Sales Ratio (Sellers Market)
  • Buyers Best Bet** Homes between $900,000 mil to $1 mil, Bridgeport and 3 bedroom properties
  • Sellers Best Bet** Selling Homes in Boyd Park, East Cambie and up to 1 bedroom properties

** With a 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** $900,000 to $1 mil with average 17% Sales Ratio Balanced Market)
  • Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Hawthorne and 3 to 6 bedroom properties
  • Sellers Best Bet** Selling Homes in Ladner Elementary and up to 2 bedroom properties

** With a minimum inventory of 10 in Most instances

  • Market Type Indicator LADNER ATTACHED: Sellers Market at 82% Sales Ratio average (8.2 in 10 Homes selling rate)
  • Homes are selling on average 100% of list price
  • Most Active Price Band** Insufficient data but with 7 sales $400,000 to $500,000
  • Buyers Best Bet** Homes in Neilsen Grove and 3 bedroom properties
  • Sellers Best Bet** Selling Homes in Delta Manor and 2 bedroom properties

** With a 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