June market report

  • Official Market Type Downtown: Sellers market at 24% Sales Ratio average (2.4 in 10 homes selling)
  • Homes are selling on average 1% below list price
  • Most Active Price Band* +/- $1 mil: $300,000 to $400,000 (41% Sales Ratio); $1 mil to $1.25 mil (18% Sales Ratio)
  • Buyers Best Bet* under $1 mil: Homes from $1 mil to $1.25 mil (Buyers market), Coal Harbour and minimum 4 bedrooms
  • Sellers Best Bet*: Selling homes in Yaletown and up to 1 bedroom properties

STYLE OF HOME                       Inventory               Sales             Sales Ratio*
0 to 1 Bedroom                              401                      125                     31.17%
2 Bedrooms                                   480                        92                      19.17%
3 Bedrooms                                     74                        13                       17.57%
4 Bedrooms & Greater                    8                           1                        12.50%
TOTAL                                              963                       231                      23.99%

SnapStats                                    May                 June             Variance

Inventory                                       1027                963                  -6.23%
Solds                                              237                    31                 -2.53%
Sale Price (Median)                $467,000          $496,000           6.21%
Sale to List Price Ratio             98.4%              99.2%                0.81%
Days on Market                           34                      32                    -5.88%




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