Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in April 2019.
Vancouver-West
In the Vancouver Westside, there were 64 sales of detached homes and 787 active listings at the end of the month. The benchmark sale price was $2,948,400.
In comparison, the condo market had 233 sales, 1,712 active listings and a benchmark sale price of $764,600.
Townhome sales were 32, active listings were 284. The benchmark sale price was $1,167,700.
It’s a buyer’s market in Vancouver West.
Vancouver-East
The Vancouver Eastside had 66 sales and 726 active listings for detached homes at the end of the month. The benchmark sales price was $1,357,200.
The condo market featured 115 sales, 498 active listings, and a benchmark sales price was $547,900.
The townhome market, on the other hand, had 26 sales and 96 active listings. The benchmark sale price was $816,500.
It’s a seller’s market for townhomes.
North Vancouver
In April, the North Vancouver market had 53 sales and 447 active listings for detached homes. The benchmark sale price was $1,499,400.
There were 64 sales and 429 active listings for condos. The benchmark sale price was $567,500.
Townhome sales were 29, active listings were 140, the benchmark sale price was $957,700.
It’s a buyer’s market for homes and condos.
West Vancouver
The West Vancouver market had 38 sales and 544 active listings for detached homes. The benchmark sale price was $2,574,100.
Condo sales were 8 and active listings were 111 at the end of the month. The benchmark sales price was $1,128,500.
In comparison, townhome market had 0 sales and 37 active listings.
It’s a buyer’s market for homes and condos.
Coquitlam
Port Coquitlam
Port Moody
Maple Ridge
Burnaby East
Burnaby North
Burnaby South
New Westminster
Richmond
Ladner
Tsawwassen
Pitt Meadows
Bowen Island
Looking for more information about the real estate market in specific neighbourhoods in the Greater Vancouver?
Macdonald Realty has offices across the Greater Vancouver. Please email [email protected] or call 1-877-278-3888 to be matched with a REALTOR® working in your area.
MLS® Home Price Index (HPI) Benchmark Price
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.
This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org
