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.

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Everything you need to know about the Vancouver Real Estate Market

Real Estate Housing Market Summary | Nov. 2017

Vancouver Downtown

Market Type Indicator DOWNTOWN: Sellers market at53% Sales Ratio average (5.3 in 10 homes selling rate) Homes are selling on average 1% above list price MostActive Price Band**+/-$1 m il:$400k to $700k (>100% SalesRatio) /$1.5 mil to $1.75 mil (54% Sales Ratio) Buyers BestBet** +/-$1 mil: Homes between $900k to $1 mil / $5 mil plus,Coal Harbour and 3 bedroom properties Sellers BestBet** Selling homes in Westend and up to 1 bedroom properties. **With a minimum inventory of 10 in most instances

Vancouver Westside

Market Type Indicator WESTSIDE  DETACHED : Balanced market at12% Sales Ratio average (11% is a Buyers market) Homes are selling on average 5% below list price Most Active Price Band**+/-$3 mil: $2.5 -$2.75 mil (58% Sales Ratio) / $3 -$3.5 mil (17% Sales Ratio) Buyers BestBet **+/-$3 mil: Homes between $2.75 -$3 mil / $5 mil plus, Quilchena, Shaughnessy and minimum 7 bedrooms Sellers BestBet ** Selling homes in Kitsilano and up to 2 bedrooms. **With a minimum inventory of 10 in  most instances

Market Type Indicator WESTSIDE ATTACHED: Sellers market at 51%  Sales Ratio average (5.1 in 10 homes selling rate) Homes are selling on average 2% above list price Most Active Price Band**$500,000 to $600,000 with average >100% Sales Ratio (Sellers market) Buyers BestBet **Homes between $1.75 mil to $2 mil, South Granville and minium 4 bedroom properties Sellers BestBet **Selling homes in Fairview, Kitsilano and up to 1 bedroom properties.

**With a minimum inventory of 10 in most instances

Vancouver Eastside

Market Type  Indicator EASTSIDE  DETACHED: Balanced  market at12% Sales Ratio average (11% is a Buyers market) Homes are selling on average 3% below list price Most Active Price Band**$1 mil to $1.25 mil with average 38% Sales Ratio (Sellers  market) Buyers BestBet **Homes between $2.25 mil to $2.5 mil, Collingwood, Killarney, Mount Pleasant and 7 plus bedroom properties Sellers BestBet **Selling homes in Hastings East and 3 to 4 bedroom properties.

**With a minimum inventory of 10 in most instances

Market Type Indicator EASTSIDE ATTACHED: Sellers market  at77% Sales Ratio average (7.7 in 10 homes selling rate) Homes are selling on average 2% above list price Most Active Price Band**$400,000 to $700,000 with average >100% Sales Ratio (Sellers market)

Buyers BestBet**Homes between $1 mil to $1.25 mil, Knight, Victoria and 3 bedroom properties Sellers BestBet**Selling homes in Collingwood, Grandview, M t Pleasant and up to 1 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