It's October and the weather is fantastic! Our Real Estate Market is moving and we are heading into a strong fall market! I have analyzed all of the stats for September and here are some insights to our : market right here in Metro Vancouver:

  • We are in a Seller's market for houses with 26.2% of the homes selling within a month and we are also in a Seller's Market for attached homes with 22.0% of the homes selling within a month.
  • Sales are up 18% from a year ago!
  • Inventory is down -4.6% from a year ago.
  • The detached housing market has 4.1 months of inventory while our attached market has 4.9 months.
  • The average price of a house is $1,280,643
  • The average price of an attached home is $484,781.

If we compare from a year ago…

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When some people think about selling their home, they imagine all the things they will have to do: paint the kitchen, clean closets, prepare for viewings, find another home, arrange financing, start packing, etc. It can all seem very overwhelming very quickly.

In fact, the long to-do list you imagine you’ll have to deal with may dissuade you from making a move!

It doesn't have to be that way.

There are many ways to make selling your home and buying another relatively simple and easy.

Sure, there will be some work to do. You may need to prepare your property so that it looks appealing to potential buyers – cleaning, decluttering, doing some repairs, etc. Of course, you will also need to view some properties for sale in order to find your next dream…

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