Found 2 blog entries tagged as Real Estate Stats.

It's officially Spring and our Real Estate Market is blooming! I have analyzed all of the stats from February and here are some insights to our market right here in Metro Vancouver:

  • We are in a very active Seller's market for houses with 46% of the homes selling within a month and we are also in a Seller's Market for attached homes with 29.0% of the homes selling within a month.
  • Sales are up 19.8% from last year and up 62.2% from last month!
  • Inventory is down -9.3% from last year and up 14.7% from last month.
  • The detached housing market has 2.9 months of inventory while our attached market has 4.1 months.
  • The average price of a house is $1,405,464 which is up 1.5% from last year and up 3.5% from last month
  • The average price of…

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November was another very busy month for real estate here in Vancouver.  In fact, it was one of the strongest November months we have seen in the last five years!  Here are some of the market insights:

  • We are in a Seller's market for houses with 29% of the homes selling within a month and we are also in a Seller's Market for attached homes with 20% of the homes selling within a month.
  • Sales are up 4.1% from a year ago!
  • Inventory is down -8.5% from a year ago.
  • The detached housing market has 3.9 months of inventory while our attached market has 5.6 months.
  • The average price of a house is $1,321,214
  • The average price of an attached home is $502,210.

If we compare from a year ago (November 2013):
Prices are up 11.1% for houses and…

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