Everything you need to know about your Real Estate Market ... · Steveston South 15 24 $555,700 + 9.1% Steveston Village 0 9 $0 --Terra Nova 0 1 $0 --West Cambie 22 103 $724,100 +

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Residential REAL ESTATE MARKET STATISICAL ANALYSIS

July 2018

Edition

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Home Seller Supply Grows as Demand Declines

With home sale activity dipping below long-term historical averages, the supply of homes for sale in

Metro Vancouver* reached a three-year high in June.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region

totalled 2,425 in June 2018, a 37.7 per cent decline from the 3,893 sales recorded in June 2017, and a

14.4 per cent decrease compared to May 2018 when 2,833 homes sold.

Last month’s sales were 28.7 per cent below the 10-year June sales average.

“Buyers are less active today. This is allowing the supply of homes for sale to accumulate to levels we

haven’t seen in the last few years,” Phil Moore, REBGV president said. “Rising interest rates, high prices

and more restrictive mortgage requirements are among the factors dampening home buyer activity

today.”

There were 5,279 detached, attached and apartment properties newly listed for sale on the Multiple

Listing Service® (MLS®) in Metro Vancouver in June 2018. This represents a 7.7 per cent decrease

compared to the 5,721 homes listed in June 2017 and a 17.2 per cent decrease compared to May 2018

when 6,375 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 11,947, a

40.3 per cent increase compared to June 2017 (8,515) and a 5.8 per cent increase compared to May

2018 (11,292). This is the highest this total has been since June 2015.

“With reduced demand, detached homes are entering a buyers’ market and price growth in our

townhome and apartment markets is showing signs of decelerating.”

For all property types, the sales-to-active listings ratio for June 2018 is 20.3 per cent. By property type,

the ratio is 11.7 per cent for detached homes, 24.9 per cent for townhomes, and 33.4 per cent for

condominiums.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12

per cent mark for a sustained period, while home prices often experience upward pressure when it

surpasses 20 per cent over several months.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro

Vancouver is currently $1,093,600. This represents a 9.5 per cent increase over June 2017 and is virtually

unchanged from May 2018.

Sales of detached homes in June 2018 reached 766, a 42 per cent decrease from the 1,320 detached

sales recorded in June 2017. The benchmark price for a detached home is $1,598,200. This represents a

0.7 per cent increase from June 2017 and a 0.6 per cent decrease compared to May 2018.

Sales of apartment homes reached 1,240 in June 2018, a 34.9 per cent decrease compared to the 1,905

sales in June 2017. The benchmark price for an apartment is $704,200. This represents a 17.2 per cent

increase from June 2017 and a 0.4 per cent increase compared to May 2018.

Attached home sales in June 2018 totalled 419, a 37.3 per cent decrease compared to the 668 sales in

June 2017. The benchmark price of an attached home is $859,800. This represents a 15.3 per cent

increase from June 2017 and is virtually unchanged from May 2018.

2018 2017 One-Year Change 2018 2017 One-Year

Change

Total Active Listings 898 782 + 14.8% 878 719 + 22.1%

Sales 81 141 - 42.6% 88 167 - 47.3%

Days on Market Average 48 28 + 71.4% 44 37 + 18.9%

MLS® HPI Benchmark Price $1,648,600 $1,650,100 - 0.1% $1,665,100 $1,650,600 + 0.9%


Change


Sales 162 255 - 36.5% 188 257 - 26.8%


MLS® HPI Benchmark Price $683,800 $572,600 + 19.4% $670,700 $552,400 + 21.4%


Change


Sales 65 100 - 35.0% 75 140 - 46.4%



Townhomes June MayActivity Snapshot

Condos June MayActivity Snapshot

Current as of July 05, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.

Activity Snapshot

REALTOR® ReportA Research Tool Provided by the Real Estate Board of Greater Vancouver

June 2018

June MayDetached Properties

Richmond

Seller's Market

Buyer's MarketBalanced Market

0%

20%

40%

60%

80%

100%

120%

Sales-to-Active Ratio Townhome Condo Detached[22.6%] [28.4%] [9.0%]

REALTOR® Report

Price Range SalesActive

ListingsAvg Dayson Market

Neighbourhood SalesActive

ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Boyd Park 0 27 $1,572,800 + 3.6%

$100,000 to $199,999 0 2 0 Bridgeport RI 1 24 $1,339,100 + 1.6%

$200,000 to $399,999 0 1 0 Brighouse 0 28 $0 --

$400,000 to $899,999 0 15 0 Brighouse South 0 2 $0 --

$900,000 to $1,499,999 26 126 34 Broadmoor 5 67 $2,102,100 - 2.8%

$1,500,000 to $1,999,999 20 287 65 East Cambie 2 27 $1,404,200 + 1.5%

$2,000,000 to $2,999,999 28 300 49 East Richmond 1 21 $2,080,500 + 4.9%

$3,000,000 and $3,999,999 4 97 51 Garden City 6 39 $1,436,400 - 3.2%

$4,000,000 to $4,999,999 2 40 75 Gilmore 0 7 $1,799,000 + 6.7%

$5,000,000 and Above 1 30 28 Granville 3 83 $1,882,400 - 4.8%

TOTAL 81 898 48 Hamilton RI 0 17 $1,166,700 + 3.6%

Ironwood 2 29 $1,432,300 + 1.0%

Lackner 3 41 $1,724,900 + 1.4%

McLennan 0 17 $1,897,400 + 4.3%

McLennan North 1 13 $1,773,100 + 2.6%

McNair 4 30 $1,560,600 + 1.6%

Quilchena RI 1 32 $1,726,300 - 4.0%

Riverdale RI 9 39 $1,754,400 - 3.4%

Saunders 4 52 $1,569,600 - 1.4%

Sea Island 1 8 $935,300 + 2.7%

Seafair 4 60 $1,624,500 + 2.5%

South Arm 2 21 $1,341,500 - 1.3%

Steveston North 5 56 $1,472,400 + 4.1%

Steveston South 5 28 $1,727,400 + 3.9%

Steveston Village 2 15 $1,587,800 + 4.9%

Terra Nova 5 17 $1,978,600 - 8.5%

West Cambie 9 29 $1,386,800 + 0.7%

Westwind 2 14 $1,768,300 + 4.2%

Woodwards 4 55 $1,586,300 - 2.0%

TOTAL* 81 898 $1,648,600 - 0.1%

* This represents the total of the Richmond area, not the sum of the areas above.

Detached Homes - Richmond

#VALUE!

#VALUE!

A Research Tool Provided by the Real Estate Board of Greater Vancouver

Detached Properties Report – June 2018


Richmond

103 91 90 93 75 69 66 53 78 65 88 81

812 820 818 793

790

589 621737 764 808

878 898

$1,682,000 $1,676,000

$1,695,000 $1,690,000

$1,671,600

$1,692,500 $1,690,500$1,697,900

$1,708,400

$1,684,500

$1,665,100

$1,648,600

07-2017 08-2017 09-2017 10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018

Sales Active Listings MLS® HPI Benchmark Price

REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 1 0 Boyd Park 6 7 $468,300 + 36.0%

$100,000 to $199,999 0 2 0 Bridgeport RI 0 10 $785,100 + 20.5%

$200,000 to $399,999 18 32 28 Brighouse 67 265 $689,600 + 18.3%

$400,000 to $899,999 137 437 23 Brighouse South 24 67 $605,000 + 18.1%

$900,000 to $1,499,999 5 75 45 Broadmoor 1 2 $511,700 + 22.0%

$1,500,000 to $1,999,999 2 14 31 East Cambie 1 1 $505,800 + 26.8%

$2,000,000 to $2,999,999 0 6 0 East Richmond 2 4 $817,000 + 19.5%

$3,000,000 and $3,999,999 0 1 0 Garden City 0 0 $452,400 + 18.7%

$4,000,000 to $4,999,999 0 2 0 Gilmore 0 0 $0 --

$5,000,000 and Above 0 0 0 Granville 2 3 $266,700 + 26.7%

TOTAL 162 570 24 Hamilton RI 0 0 $0 --

Ironwood 3 14 $679,700 + 25.1%

Lackner 0 1 $0 --

McLennan 0 0 $0 --

McLennan North 11 34 $798,900 + 18.3%

McNair 0 0 $0 --

Quilchena RI 0 2 $0 --

Riverdale RI 2 11 $606,600 + 27.4%

Saunders 0 2 $0 --

Sea Island 0 0 $0 --

Seafair 0 0 $463,500 + 36.2%

South Arm 5 4 $321,500 + 21.0%

Steveston North 1 3 $470,600 + 36.6%

Steveston South 15 24 $555,700 + 9.1%

Steveston Village 0 9 $0 --

Terra Nova 0 1 $0 --

West Cambie 22 103 $724,100 + 21.1%

Westwind 0 1 $0 --

Woodwards 0 2 $0 --

TOTAL* 162 570 $683,800 + 19.4%


Condos - Richmond

#VALUE!

#VALUE!


Condo Report – June 2018


Richmond

199242

200 202 190143 145 142 161 168 188 162

401 381411

389 401

327 317363

412467

534 570

$582,200$594,100 $598,600

$609,600 $612,900$637,200

$649,900 $657,800 $659,700$684,100

$670,700$683,800

07-2017 08-2017 09-2017 10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018


REALTOR® Report


ListingsDays onMarket


ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Boyd Park 2 3 $506,100 + 18.8%

$100,000 to $199,999 0 0 0 Bridgeport RI 2 10 $661,600 + 11.8%

$200,000 to $399,999 0 0 0 Brighouse 0 16 $794,500 + 10.8%

$400,000 to $899,999 33 114 36 Brighouse South 8 38 $792,000 + 8.0%

$900,000 to $1,499,999 32 164 30 Broadmoor 2 12 $978,800 + 10.3%

$1,500,000 to $1,999,999 0 9 0 East Cambie 7 7 $837,600 + 6.4%

$2,000,000 to $2,999,999 0 0 0 East Richmond 0 2 $0 --

$3,000,000 and $3,999,999 0 0 0 Garden City 1 5 $931,900 + 11.5%

$4,000,000 to $4,999,999 0 0 0 Gilmore 0 0 $0 --

$5,000,000 and Above 0 0 0 Granville 2 14 $763,400 + 10.8%

TOTAL 65 287 33 Hamilton RI 4 5 $708,800 + 7.8%

Ironwood 2 3 $684,500 + 9.5%

Lackner 1 2 $990,100 + 14.6%

McLennan 0 0 $0 --

McLennan North 13 53 $977,600 + 12.8%

McNair 0 4 $589,700 + 9.6%

Quilchena RI 0 7 $697,300 + 14.0%

Riverdale RI 1 6 $890,700 + 13.4%

Saunders 2 11 $665,200 + 12.9%

Sea Island 0 0 $0 --

Seafair 2 1 $1,033,900 + 13.7%

South Arm 0 3 $682,800 + 10.7%

Steveston North 4 7 $702,100 + 13.6%

Steveston South 2 13 $982,200 + 13.3%

Steveston Village 0 6 $917,500 + 14.2%

Terra Nova 4 13 $1,013,800 + 13.3%

West Cambie 1 29 $862,700 + 10.5%

Westwind 1 0 $868,200 + 14.9%

Woodwards 4 17 $817,800 + 11.5%

TOTAL* 65 287 $854,800 + 11.6%


Townhomes - Richmond

#VALUE!

#VALUE!


Townhomes Report – June 2018


Richmond

100120

85113

85 7656

62 65 76 75 65

287

293 298265

290

212 210 227240 245

292 287

$787,500$800,600 $801,500 $800,000 $805,500 $807,900

$822,500 $819,500$830,700

$839,000$846,300

$854,800

07-2017 08-2017 09-2017 10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018


Note: $0 means that there is no sales activity, not $0 as an Average Price Per Square Foot.


Richmond


June 2018

Note: $0 means that there is no sales activity, not $0 as an MLS® HPI Benchmark Price.

$563

$593

$735$747

$693

$749

$703

$704

$722 $717$727

$810

$449

$459$480

$516

$483

$549

$572$631

$650

$680$700

$676

$411

$429

$485

$524$546 $544 $566

$572

$599 $609

$601

$610

$300

$400

$500

$600

$700

$800

$900

07-2015 10-2015 01-2016 04-2016 07-2016 10-2016 01-2017 04-2017 07-2017 10-2017 01-2018 04-2018

Average Price Per Square Foot Detached Condos Townhomes

$631,400

$693,100

$768,800

$694,100

$865,900

$1,033,700$1,006,300

$944,600$986,400

$1,147,700

$1,697,400$1,650,100 $1,648,600

$298,000 $321,900$352,800

$321,000$359,400 $358,200 $357,000 $354,900 $365,200 $380,500

$450,300

$572,600

$683,800

$377,000$403,800

$447,300$407,500

$479,300 $504,200 $499,100 $487,200 $504,200$543,200

$704,500

$766,200

$854,800

$250,000

$500,000

$750,000

$1,000,000

$1,250,000

$1,500,000

$1,750,000

01-2006 01-2007 01-2008 01-2009 01-2010 01-2011 01-2012 01-2013 01-2014 01-2015 01-2016 01-2017 01-2018

MLS® HPI Benchmark PriceDetached Condos Townhomes


Change


Sales 15 27 - 44.4% 20 35 - 42.9%

Days on Market Average 35 50 - 30.0% 25 34 - 26.5%

MLS® HPI Benchmark Price $998,100 $975,700 + 2.3% $1,002,300 $972,000 + 3.1%


Change


Sales 11 8 + 37.5% 6 11 - 45.5%




Change

Total Active Listings 17 20 - 15.0% 19 28 - 32.1%

Sales 12 10 + 20.0% 9 12 - 25.0%






Activity Snapshot


June 2018


Ladner

Seller's Market

Buyer's MarketBalanced Market

0%

25%

50%

75%

100%

125%

150%

175%


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Delta Manor 1 10 $948,200 + 2.6%

$100,000 to $199,999 0 1 0 East Delta 0 4 $0 --

$200,000 to $399,999 0 4 0 Hawthorne 2 37 $1,002,500 + 2.9%

$400,000 to $899,999 4 8 14 Holly 2 21 $1,040,200 + 3.0%

$900,000 to $1,499,999 10 95 33 Ladner Elementary 6 28 $924,400 + 3.1%

$1,500,000 to $1,999,999 0 14 0 Ladner Rural 1 13 $1,689,800 + 5.4%

$2,000,000 to $2,999,999 0 4 0 Neilsen Grove 2 7 $1,065,200 - 1.4%

$3,000,000 and $3,999,999 0 5 0 Port Guichon 0 13 $888,900 + 2.1%

$4,000,000 to $4,999,999 0 0 0 Westham Island 1 4 $0 --

$5,000,000 and Above 1 6 129 TOTAL* 15 137 $998,100 + 2.3%

TOTAL 15 137 35

* This represents the total of the Ladner area, not the sum of the areas above.

Detached Homes - Ladner

#VALUE!

#VALUE!




Ladner

27 3112

19 18 155

10 1221 20 15

105

88 93 103

9974

91 99 107 111127 137

$1,010,200

$1,000,200

$1,015,100

$1,027,600$1,035,500

$1,029,200

$1,017,200

$1,003,900$1,008,100 $1,004,800 $1,002,300

$998,100

07-2017 08-2017 09-2017 10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange


$100,000 to $199,999 0 0 0 East Delta 0 1 $0 --

$200,000 to $399,999 1 1 14 Hawthorne 3 5 $462,300 + 19.9%

$400,000 to $899,999 10 12 23 Holly 0 0 $0 --


$1,500,000 to $1,999,999 0 0 0 Ladner Rural 0 0 $0 --

$2,000,000 to $2,999,999 0 0 0 Neilsen Grove 0 1 $591,900 + 15.2%

$3,000,000 and $3,999,999 0 0 0 Port Guichon 0 0 $0 --


$5,000,000 and Above 0 0 0 TOTAL* 11 13 $470,700 + 18.4%

TOTAL 11 13 23


Condos - Ladner

#VALUE!

#VALUE!




Ladner

8

57

4 3 3

10

4 5 5 6

11

6 67

6

10 11

6

9

1314

18

13

$406,600$419,500 $422,800 $422,600

$433,400 $436,600 $431,300$443,300

$459,300$472,600 $471,200 $470,700

07-2017 08-2017 09-2017 10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange


$100,000 to $199,999 0 0 0 East Delta 0 0 $0 --

$200,000 to $399,999 0 1 0 Hawthorne 4 5 $714,500 + 6.7%

$400,000 to $899,999 9 11 17 Holly 1 1 $802,400 + 6.5%


$1,500,000 to $1,999,999 0 0 0 Ladner Rural 0 0 $0 --

$2,000,000 to $2,999,999 0 0 0 Neilsen Grove 3 7 $1,143,400 + 6.4%

$3,000,000 and $3,999,999 0 0 0 Port Guichon 0 0 $0 --


$5,000,000 and Above 0 0 0 TOTAL* 12 17 $778,000 + 6.4%

TOTAL 12 17 16


Townhomes - Ladner

#VALUE!

#VALUE!




Ladner

9

13

75 6

45 7

5

912

16 11

22 22 23

16 15 1713

1619

17

$738,200 $733,900$742,500 $744,800

$756,500

$776,900 $776,000$783,200 $779,700

$786,100 $787,500$778,000

07-2017 08-2017 09-2017 10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018




Ladner


June 2018


$464

$499

$528

$683

$421

$604

$489

$587

$519

$482

$513

$570

$341

$351

$433

$408

$422 $423

$417$471 $469 $468

$567

$510

$290

$331

$389

$441$463

$408

$475 $459$448

$426

$515

$492

$200

$300

$400

$500

$600

$700

07-2015 10-2015 01-2016 04-2016 07-2016 10-2016 01-2017 04-2017 07-2017 10-2017 01-2018 04-2018


$496,600

$543,500

$587,400

$528,100

$599,000$618,100

$640,100$611,500

$633,900

$744,200

$1,042,900

$975,700$998,100

$248,800$283,600

$310,000$280,800

$309,500 $315,900 $324,700$297,500 $314,000

$342,200

$415,900$397,500

$470,700$369,900$388,300

$433,900$396,300

$456,000 $471,700 $466,300 $450,000$471,500

$513,600

$657,900

$731,300

$778,000

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

01-2006 01-2007 01-2008 01-2009 01-2010 01-2011 01-2012 01-2013 01-2014 01-2015 01-2016 01-2017 01-2018



Change


Sales 21 32 - 34.4% 27 34 - 20.6%


MLS® HPI Benchmark Price $1,247,900 $1,220,000 + 2.3% $1,264,600 $1,209,400 + 4.6%


Change


Sales 17 21 - 19.0% 6 8 - 25.0%




Change

Total Active Listings 9 10 - 10.0% 10 8 + 25.0%

Sales 2 1 + 100.0% 2 2 0.0%






Activity Snapshot


June 2018


Tsawwassen

Seller's Market

Balanced Market

Buyer's Market0%

100%

200%

300%

400%


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Beach Grove 5 24 $1,032,000 + 1.3%

$100,000 to $199,999 0 0 0 Boundary Beach 2 21 $1,270,100 + 1.1%

$200,000 to $399,999 0 0 0 Cliff Drive 5 25 $1,124,900 + 1.7%

$400,000 to $899,999 0 2 0 English Bluff 3 22 $1,729,900 + 4.8%

$900,000 to $1,499,999 17 107 39 Pebble Hill 3 49 $1,318,800 + 2.8%

$1,500,000 to $1,999,999 2 44 36 Tsawwassen Central 2 42 $1,175,700 + 1.9%

$2,000,000 to $2,999,999 1 28 34 Tsawwassen East 1 8 $1,319,500 + 0.7%

$3,000,000 and $3,999,999 1 8 27 TOTAL* 21 191 $1,247,900 + 2.3%

$4,000,000 to $4,999,999 0 2 0

$5,000,000 and Above 0 0 0

TOTAL 21 191 38

* This represents the total of the Tsawwassen area, not the sum of the areas above.

Detached Homes - Tsawwassen

#VALUE!

#VALUE!




Tsawwassen

29 22 26 27 19 11 920 22 24 27 21

163 160175

162

159

117 129 141156

186201

191

$1,263,200$1,256,300

$1,269,700$1,275,300

$1,283,200 $1,281,800

$1,261,800

$1,249,300

$1,273,900$1,265,500 $1,264,600

$1,247,900

07-2017 08-2017 09-2017 10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Beach Grove 1 11 $538,800 + 18.1%

$100,000 to $199,999 0 0 0 Boundary Beach 0 0 $0 --

$200,000 to $399,999 3 1 4 Cliff Drive 9 31 $472,900 + 18.6%

$400,000 to $899,999 11 35 34 English Bluff 0 2 $0 --

$900,000 to $1,499,999 2 9 142 Pebble Hill 0 0 $0 --

$1,500,000 to $1,999,999 0 2 0 Tsawwassen Central 3 4 $516,300 + 18.3%

$2,000,000 to $2,999,999 0 0 0 Tsawwassen East 4 0 $596,500 + 17.9%

$3,000,000 and $3,999,999 1 1 16 TOTAL* 17 48 $504,900 + 18.1%

$4,000,000 to $4,999,999 0 0 0

$5,000,000 and Above 0 0 0

TOTAL 17 48 40


Condos - Tsawwassen

#VALUE!

#VALUE!




Tsawwassen

813

6 93 2 3

715 12

6

17

25 23 24

21 23 20 23 25

34

4652

48

$435,900$449,100 $451,500 $452,200

$467,600 $462,400 $460,500$471,000

$490,600

$513,600 $507,500 $504,900

07-2017 08-2017 09-2017 10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Beach Grove 2 1 $681,000 + 7.5%

$100,000 to $199,999 0 0 0 Boundary Beach 0 2 $0 --

$200,000 to $399,999 0 0 0 Cliff Drive 0 5 $0 --

$400,000 to $899,999 2 7 47 English Bluff 0 0 $0 --

$900,000 to $1,499,999 0 1 0 Pebble Hill 0 0 $0 --

$1,500,000 to $1,999,999 0 1 0 Tsawwassen Central 0 0 $0 --

$2,000,000 to $2,999,999 0 0 0 Tsawwassen East 0 1 $936,900 + 6.0%

$3,000,000 and $3,999,999 0 0 0 TOTAL* 2 9 $766,500 + 4.7%

$4,000,000 to $4,999,999 0 0 0

$5,000,000 and Above 0 0 0

TOTAL 2 9 47


Townhomes - Tsawwassen

#VALUE!

#VALUE!




Tsawwassen

5 5 1 4 2 0 42 2 2 2 2

8

4 6 7 7 7 67 9 10 10 9

$726,200 $720,100

$737,500 $740,200$753,900 $754,700

$763,300$756,000 $755,000

$781,300 $775,900$766,500

07-2017 08-2017 09-2017 10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018




Tsawwassen


June 2018


$441

$474

$612

$550$570

$519$526

$532

$539

$616

$571

$536

$423

$398

$453$386

$498$488

$501 $547

$515

$547

$512

$592

$358

$412

$485

$405

$500

$363

$411

$462

$503

$0

$607

$470

$0

$100

$200

$300

$400

$500

$600

$700

07-2015 10-2015 01-2016 04-2016 07-2016 10-2016 01-2017 04-2017 07-2017 10-2017 01-2018 04-2018


$578,700$614,000

$679,400

$601,400

$680,400 $696,600$740,800

$702,700$739,400

$866,600

$1,272,500

$1,220,000$1,247,900

$279,600$318,700

$348,400$315,600

$343,600 $338,200 $339,600$313,500 $322,000

$351,900

$434,200 $427,600

$504,900$346,300 $363,500

$406,200$371,000

$432,500 $444,300 $454,500$431,700 $446,200

$492,900

$636,000

$731,900$766,500

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000

01-2006 01-2007 01-2008 01-2009 01-2010 01-2011 01-2012 01-2013 01-2014 01-2015 01-2016 01-2017 01-2018



Change


Sales 81 114 - 28.9% 91 186 - 51.1%

Days on Market Average 43 29 + 48.3% 39 42 - 7.1%

MLS® HPI Benchmark Price $3,392,500 $3,627,200 - 6.5% $3,430,500 $3,588,300 - 4.4%


Change

Total Active Listings 1,214 931 + 30.4% 1,197 907 + 32.0%

Sales 328 462 - 29.0% 358 527 - 32.1%

Days on Market Average 20 17 + 17.6% 16 20 - 20.0%



Change


Sales 47 61 - 23.0% 42 67 - 37.3%


MLS® HPI Benchmark Price $1,303,600 $1,211,600 + 7.6% $1,304,500 $1,202,100 + 8.5%




Activity Snapshot


June 2018


Vancouver - West

Seller's Market

Buyer's Market

Balanced Market

0%

20%

40%

60%

80%


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Arbutus 3 42 $3,693,700 - 6.0%

$100,000 to $199,999 0 0 0 Cambie 12 49 $2,558,200 - 1.8%

$200,000 to $399,999 0 4 0 Coal Harbour 0 1 $0 --

$400,000 to $899,999 0 13 0 Downtown VW 0 1 $0 --

$900,000 to $1,499,999 1 16 9 Dunbar 10 113 $2,850,900 - 9.9%

$1,500,000 to $1,999,999 3 25 67 Fairview VW 0 6 $0 --

$2,000,000 to $2,999,999 36 172 29 False Creek 0 1 $0 --

$3,000,000 and $3,999,999 22 192 29 Kerrisdale 6 64 $3,201,800 - 12.0%

$4,000,000 to $4,999,999 8 146 96 Kitsilano 12 58 $2,420,400 - 3.9%

$5,000,000 and Above 11 309 73 MacKenzie Heights 4 30 $3,435,900 - 12.1%

TOTAL 81 877 43 Marpole 6 80 $2,381,700 + 0.1%

Mount Pleasant VW 0 6 $2,488,200 + 3.6%

Oakridge VW 1 16 $3,248,300 + 0.1%

Point Grey 7 75 $3,524,900 - 11.1%

Quilchena 2 35 $3,834,300 - 5.0%

S.W. Marine 3 38 $3,398,000 - 0.5%

Shaughnessy 2 79 $5,836,400 - 2.6%

South Cambie 0 18 $3,761,400 - 1.2%

South Granville 4 91 $4,261,400 - 7.6%

Southlands 6 39 $3,740,000 - 0.2%

University VW 3 30 $5,692,300 - 12.9%

West End VW 0 4 $0 --

Yaletown 0 1 $0 --

TOTAL* 81 877 $3,392,500 - 6.5%

* This represents the total of the Vancouver - West area, not the sum of the areas above.

Detached Homes - Vancouver - West

#VALUE!

#VALUE!




Vancouver - West

74 52 74108 83 37 44 53 52 71 91 81

807 838911 895

834

601702

799 827905 915

877

$3,666,200 $3,654,500 $3,653,500 $3,626,300$3,573,700 $3,556,100 $3,548,400

$3,500,600$3,449,000

$3,404,200 $3,430,500$3,392,500

07-2017 08-2017 09-2017 10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Arbutus 0 0 $0 --

$100,000 to $199,999 0 0 0 Cambie 11 42 $752,400 + 16.2%

$200,000 to $399,999 2 4 5 Coal Harbour 15 82 $1,132,500 + 18.4%

$400,000 to $899,999 202 470 18 Downtown VW 63 259 $736,700 + 6.3%

$900,000 to $1,499,999 93 388 23 Dunbar 3 6 $733,800 + 14.3%

$1,500,000 to $1,999,999 19 129 20 Fairview VW 41 76 $830,400 + 8.5%

$2,000,000 to $2,999,999 8 108 30 False Creek 25 76 $874,300 + 4.3%

$3,000,000 and $3,999,999 2 56 35 Kerrisdale 8 28 $943,500 + 12.3%

$4,000,000 to $4,999,999 1 15 14 Kitsilano 33 79 $657,800 + 8.5%

$5,000,000 and Above 1 44 18 MacKenzie Heights 0 0 $0 --

TOTAL 328 1,214 20 Marpole 14 47 $639,000 + 17.1%

Mount Pleasant VW 4 8 $577,900 + 7.1%

Oakridge VW 3 10 $1,164,700 + 9.6%

Point Grey 2 11 $638,800 + 12.7%

Quilchena 9 23 $1,172,900 + 12.2%

S.W. Marine 4 10 $516,900 + 15.8%

Shaughnessy 0 4 $688,100 + 4.7%

South Cambie 2 12 $1,002,100 + 13.6%

South Granville 1 5 $1,104,900 + 16.5%

Southlands 0 2 $852,700 + 13.7%

University VW 18 100 $988,100 + 15.1%

West End VW 39 141 $690,500 + 8.0%

Yaletown 33 193 $904,300 + 8.0%

TOTAL* 328 1,214 $842,600 + 9.0%


Condos - Vancouver - West

#VALUE!

#VALUE!




Vancouver - West

396 407 403 390 381251 244

330 351 351 358 328

1,001

812 838

862 809

617 656727 778

978

1,197 1,214

$783,700 $787,400$796,100

$806,500 $811,200 $807,100 $812,400

$835,800$844,700 $841,700 $845,400 $842,600

07-2017 08-2017 09-2017 10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Arbutus 0 0 $0 --

$100,000 to $199,999 0 0 0 Cambie 3 10 $1,244,800 + 6.9%

$200,000 to $399,999 0 0 0 Coal Harbour 0 7 $1,818,800 + 6.2%

$400,000 to $899,999 7 13 15 Downtown VW 2 4 $1,008,100 + 10.0%

$900,000 to $1,499,999 28 83 17 Dunbar 1 3 $0 --

$1,500,000 to $1,999,999 10 85 37 Fairview VW 14 29 $1,122,800 + 12.8%

$2,000,000 to $2,999,999 1 29 20 False Creek 2 11 $940,500 + 1.8%

$3,000,000 and $3,999,999 1 11 7 Kerrisdale 0 6 $1,589,400 + 5.5%

$4,000,000 to $4,999,999 0 3 0 Kitsilano 5 27 $1,104,100 + 1.8%

$5,000,000 and Above 0 4 0 MacKenzie Heights 0 1 $0 --

TOTAL 47 228 21 Marpole 2 22 $1,180,500 + 12.4%

Mount Pleasant VW 4 5 $1,254,000 + 7.4%

Oakridge VW 3 9 $1,657,200 + 5.3%

Point Grey 2 1 $1,184,800 + 7.0%

Quilchena 0 2 $1,558,200 + 5.3%

S.W. Marine 0 3 $0 --

Shaughnessy 0 11 $2,452,300 + 10.4%

South Cambie 2 2 $1,880,700 + 5.9%

South Granville 1 21 $1,662,400 + 6.1%

Southlands 0 0 $0 --

University VW 2 25 $1,794,500 + 4.7%

West End VW 0 6 $1,204,000 + 8.6%

Yaletown 4 23 $1,774,200 + 12.3%

TOTAL* 47 228 $1,303,600 + 7.6%


Townhomes - Vancouver - West

#VALUE!

#VALUE!




Vancouver - West

40 47 58 44 4022

18

3431 42 42 47

162

147 140 149 147117

122 136148

180

224 228

$1,232,000

$1,254,200$1,265,100 $1,265,100 $1,268,200

$1,242,400 $1,247,900 $1,250,100

$1,271,000

$1,302,200 $1,304,500 $1,303,600

07-2017 08-2017 09-2017 10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018




Vancouver - West


June 2018


$1,003

$1,063

$1,211

$1,426

$1,244

$1,180

$1,290

$1,233

$1,311

$1,261

$1,137 $1,193

$742$796

$871

$927

$928 $936

$990 $1,066 $1,080$1,100

$1,157

$1,101

$752

$772

$832

$925

$867

$940

$911

$971

$1,021

$1,098

$1,081

$995

$600

$800

$1,000

$1,200

$1,400

$1,600

07-2015 10-2015 01-2016 04-2016 07-2016 10-2016 01-2017 04-2017 07-2017 10-2017 01-2018 04-2018


$1,225,300

$1,449,300$1,599,300

$1,399,700

$1,774,700

$2,137,000$2,206,200

$2,072,700

$2,259,700

$2,601,600

$3,547,400$3,627,200

$3,392,500

$393,900 $430,800 $462,900 $427,800 $463,500 $478,900 $479,200 $480,800 $491,300 $528,500

$699,300$772,900

$842,600$558,700

$629,400 $684,600$611,700

$691,800 $698,200 $751,200 $727,600 $776,500 $834,000

$1,145,500 $1,211,600$1,303,600

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

01-2006 01-2007 01-2008 01-2009 01-2010 01-2011 01-2012 01-2013 01-2014 01-2015 01-2016 01-2017 01-2018


Documents

Everything you need to know about your Real Estate Market ... · Steveston South 15 24 $555,700 + 9.1% Steveston Village 0 9 $0 --Terra Nova 0 1 $0 --West Cambie 22 103 $724,100 +