Vancouver Housing Statistics For October 18th, 2019

WE’RE UPDATING THE STATS!

When is a home sold? Is it the day the buyer writes the offer, the day that offer is accepted, when conditions are removed, or the deposit comes in? Is it the day the sale closes or when The Real Estate Board reports it? The answer is yes, it’s all these times.

Up until now, the weekly stats have been calculated using the Contract Date, the day the contract is written, to determine the number of homes sold. Because it takes time for a sale to be finalized and then reported, some sales aren’t recorded until after the period they occurred.

Starting September 20th, 2019, we are using the Process Date. This is the day The Real Estate Board records sales and how they calculate their statistics. This will give up some accuracy reporting when sales occur and show more clearly how many have been sold.

We want to provide the most accurate and useful representation of current market conditions. This change will help us do that and serve you best.

VANCOUVER WEST HOUSES

 

Active

Sold

Average Days to Sale

Average Sold Price $

Months Supply

THIS YEAR

666

73

61

3,141,067

9.12

LAST YEAR

813

55

55

3,437,737

14.78

VANCOUVER WEST CONDOS

 

Active

Sold

Average Days to Sale

Average Sold Price $

Months Supply

THIS YEAR

1703

370

38

1,026,826

4.60

LAST YEAR

913

303

28

1,009,864

3.01

VANCOUVER EAST HOUSES

 

Active

Sold

Average Days to Sale

Average Sold Price $

Months Supply

THIS YEAR

585

108

47

1,480,592

5.42

LAST YEAR

774

88

38

1,597,294

8.80

VANCOUVER EAST CONDOS

 

Active

Sold

Average Days to Sale

Average Sold Price $

Months Supply

THIS YEAR

620

200

34

690,622

3.10

LAST YEAR

333

154

23

729,274

2.16

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Vancouver Housing Statistics For October 11th, 2019

WE’RE UPDATING THE STATS!

When is a home sold? Is it the day the buyer writes the offer, the day that offer is accepted, when conditions are removed, or the deposit comes in? Is it the day the sale closes or when The Real Estate Board reports it? The answer is yes, it’s all these times.

Up until now, the weekly stats have been calculated using the Contract Date, the day the contract is written, to determine the number of homes sold. Because it takes time for a sale to be finalized and then reported, some sales aren’t recorded until after the period they occurred.

Starting September 20th, 2019, we are using the Process Date. This is the day The Real Estate Board records sales and how they calculate their statistics. This will give up some accuracy reporting when sales occur and show more clearly how many have been sold.

We want to provide the most accurate and useful representation of current market conditions. This change will help us do that and serve you best.

VANCOUVER WEST HOUSES

 

Active

Sold

Average Days to Sale

Average Sold Price $

Months Supply

THIS YEAR

658

67

58

3,051,033

9.82

LAST YEAR

789

45

51

3,446,533

17.53

VANCOUVER WEST CONDOS

 

Active

Sold

Average Days to Sale

Average Sold Price $

Months Supply

THIS YEAR

1705

371

39

1,002,864

4.60

LAST YEAR

1646

291

29

1,049,051

5.66

VANCOUVER EAST HOUSES

 

Active

Sold

Average Days to Sale

Average Sold Price $

Months Supply

THIS YEAR

584

119

43

1,501,900

4.91

LAST YEAR

782

90

44

1,611,607

8.69

VANCOUVER EAST CONDOS

 

Active

Sold

Average Days to Sale

Average Sold Price $

Months Supply

THIS YEAR

633

209

33

689,197

3.03

LAST YEAR

621

137

25

722,851

4.53

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Vancouver Housing Statistics For October 4th, 2019

WE’RE UPDATING THE STATS!

When is a home sold? Is it the day the buyer writes the offer, the day that offer is accepted, when conditions are removed, or the deposit comes in? Is it the day the sale closes or when The Real Estate Board reports it? The answer is yes, it’s all these times.

Up until now, the weekly stats have been calculated using the Contract Date, the day the contract is written, to determine the number of homes sold. Because it takes time for a sale to be finalized and then reported, some sales aren’t recorded until after the period they occurred.

Starting September 20th, 2019, we are using the Process Date. This is the day The Real Estate Board records sales and how they calculate their statistics. This will give up some accuracy reporting when sales occur and show more clearly how many have been sold.

We want to provide the most accurate and useful representation of current market conditions. This change will help us do that and serve you best.

VANCOUVER WEST HOUSES

 

Active

Sold

Average Days to Sale

Average Sold Price $

Months Supply

THIS YEAR

653

65

55

2,924,101

10.05

LAST YEAR

779

49

55

3,424,325

15.90

VANCOUVER WEST CONDOS

 

Active

Sold

Average Days to Sale

Average Sold Price $

Months Supply

THIS YEAR

1716

371

41

963,879

4.63

LAST YEAR

1597

296

30

1,056,991

5.40

VANCOUVER EAST HOUSES

 

Active

Sold

Average Days to Sale

Average Sold Price $

Months Supply

THIS YEAR

589

122

50

1,523,744

4.83

LAST YEAR

779

91

46

1,605,481

8.56

VANCOUVER EAST CONDOS

 

Active

Sold

Average Days to Sale

Average Sold Price $

Months Supply

THIS YEAR

633

204

34

691,533

3.10

LAST YEAR

607

146

25

716,186

4.16

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