thumbAlthough these market statistics are about last month, this information can give you some insight into overall market health.  Listing inventory, days on market, absorption rates and percentage of sale price to list price, can help you predict future trends.  Ask me how"




ABOVE AVERAGE DEMAND - BELOW AVERAGE SUPPLY

VANCOUVER, B.C. – December 3, 2017 

It appears last month's sales were seventeen percent above the ten year sales average, exceeding the previous month by two percent.

The sales-to-active listings ratio for November 2017 is 32 per cent, which is up three per cent since September 2017. By property type, the ratio is 15.9 per cent for detached homes (up one per cent since September 2017), 36.4 per cent for townhomes (down six per cent since September 2017), and 67.8 per cent for condominiums (up seven per cent since September 2017). Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

If you think a move is in your future, now is the time to talk to me. I'll help maximize your sale price and minimize your stress level. Call or text we anytime and meanwhile, you can read the latest Real Estate Board of Great Vancouver Statistical Report click the link below.

REBGV Market Statistics - December 2017

Stats Centre Report - North Vancouver

Stats Centre Report - West Vancouver


North Vancouver 



North Vancouver 



North Vancouver 



North Vancouver 



West Vancouver


West Vancouver 



West Vancouver 



West Vancouver 



Overall Avarage Sale Prices RBGV