Found 4 blog entries tagged as Real Estate Market Stats.

The Real Estate market is not taking a winter break here in Metro Vancouver... it is still going strong! Here are 5 things that are important to know about the real estate market in Metro Vancouver: 

  1. Supply:  We had 4,041 properties listed thru the month of November which is down -57% from this time last year (November 2014) and down -19.5% from last month (October 2015). 

    Currently we have 2.1 months of inventory for detached houses and 2  months of inventory for attached homes (condos, townhouses and 1/2 duplex).
  2. Demand: 1,941 properties sold in November which is up +38% from this time last year (November 2014) and is only 88 less than October.
  3. Time:  The average time for a detached house to sell was 18.6 days and for attached homes …

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It's Movember! Time for the men to grow out their mustaches for prostate cancer awareness.  The Vancouver real estate market is also still growing! Here are 5 things you should know about the real estate market in Metro Vancouver:

  1. Supply:  We had 4,829 properties listed thru the month of October which is down -45.2% from this time last year (October 2014) and down -13.2% from last month (September 2015). 
    If we look into those stats further.... we have 2.2 months of inventory for detached houses and 1.7 months of inventory for attached homes.
  2. Demand: 2,029 properties sold in October which is up +16.1% from this time last year (October 2014) and is up +12.3% from last month (September 2015).
  3. Time:  The average time for a detached house…

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Hello summer!  Our kids our out of school and the real estate market in Vancouver market has seen one of the strongest June's in history.  I have analyzed all of the stats from June and here are 5 things you should know about the real estate market in Metro Vancouver:

  1. Supply:  We had 5,960 properties listed thru the month of June which is down -36.5% from this time last year (June 2014) and another -5.5% from last month (May 2015). 
    If we look into those stats further.... we have 2.2 months of inventory for detached houses and 2.5 months of inventory for attached homes.
  2. Demand: 2,415 properties sold in June which is up +26.3% from this time last year (June 2014) and is up -3.2% from last month (May 2015).
  3. Time:  The average time for a…

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Wow! Can you believe we are half way thru August! Our Real Estate Market is still moving and is active despite it being a time when most people are on holidays ! I have analyzed all of the stats for July and here are some insights to our Greater Vancouver real estate market:

  • We are in a Seller's market for houses with 38.1% of the homes selling within a month and we are also in a Seller's Market for attached homes with 22.1% of the homes selling within a month.
  • Sales are up 3% from a year ago
  • Inventory is down -11.3% from a year ago.
  • The detached housing market has 3.1 months of inventory while our attached market has 4.9 months.
  • The average price of a house is $702,214
  • The average price of an attached home is $330,042. 

If…

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