Metro Vancouver
VANCOUVER EASTSIDE
FEBRUARY 2024
Price Band & Bedroom CONDOS & TOWNHOMES
Com m unity CONDOS & TOWNHOMES
SnapStats® $0 – 300,000
Inventory Sales
Sales Ratio
SnapStats®
Inventory Sales
Sales Ratio
0 2
0 0
NA NA
Cham plain Heights
10 81 46 12 34 23 0
3
30% 22% 13% 42% 29% 30% 43% 36% 11% 39% 50% 29% 13% 15% 27% 28% NA NA
300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000
Colingw ood Downtown
18
16 60 89 58 69 52
11 23 32 19 10 10 15 10
69% 38% 36% 33% 14% 19% 22% 23% 19% 33% 50%
6 5 0 7 0 3 8 2 1 4 2 5 4
Fraser
Fraserview
Grandview Woodland
10
Hastings
Hastings Sunrise
2 7
1,000,001 – 1,250,000 68 1,250,001 – 1,500,000 43 1,500,001 – 1,750,000 27 1,750,001 – 2,000,000 6 2,000,001 – 2,250,000 2 2,250,001 – 2,500,000 5 2,500,001 – 2,750,000 1 2,750,001 – 3,000,000 1 3,000,001 – 3,500,000 1 3,500,001 – 4,000,000 0 4,000,001 – 4,500,000 0 4,500,001 – 5,000,000 0
Kilarney Knight
22 18 87
5 2 1 0 0 0 0 0 0 0 0
Main
M ountPleasant Renfrew Heights
34
2 4
NA NA NA NA NA NA NA NA
Renfrew
100%
South M arine
89 15 33 15
26
South Vancouver
Strathcona
Victoria TOTAL*
500
138
5,000,001 & Greater
0
TOTAL*
500
138
28%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms
194 203
61 56 20
31% 28% 22% 10% 28%
93
4 Bedroom s & Greater 10
1
TOTAL*
500
138
SnapStats®
January February Variance
Inventory
413
500 138
21% 60%
Solds
86
Sale Price
$756,940 $726,500 -4%
Sale Price SQFT
$919
$927 100%
1% 1%
Sale to ListPrice Ratio 99%
Days on M arket
22
10
-55%
*Sales Ratio suggests m arkettype and speed (ie Balanced 12-20% .)Referto YTD reports forsustained periods.If> 100% M LS® data reported previous m onth’s sales exceeded currentinventory count.
M arket Sum m ary
• M arketType Indicator EASTSIDE ATTACHED :Selers M arketat28% Sales Ratio average (2.8 in 10 hom es seling rate) • Hom es are seling on average 100% oflistprice • M ostActive Price Band** $400,000 to $500,000 w ith average 69% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $800,000 to $900,000,Dow ntow n,M ain,South Vancouver,Strathcona and 4 plus bedroom s • Selers BestBet** Seling hom es in Fraser,Kilarney and up to 1 bedroom properties **W ith m inim um inventory of10 in m ostinstances
SALE PRICE
INVENTORY
SOLDS
$780,000
$756,940
13 Month M arket Trend
$748,000 $755,000
$734,750 $715,000
$720,250 $701,000 $730,250 $717,000
$726,500
$673,000
$655,000
503
500
479
470
445
440
436
422
413
394
385
380
325
193
192
156
148
144
141
138
126
121
108
92
86
71
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
Com plim ents of...
Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services
VancouverUrbanHom es.com
604.657.1110
m aria@ vancouverurbanhom es.com
© 2010-2024 SnapStats® Publishing Co.Al rights reserved.No partofthis publication m ay be reproduced,copied,posted on the internetorforw arded in any printed orelectronic form atw ithoutw riten perm ission.This reportdata w as captured on M arch 1,2024 from GreaterVancouverREALTORS® M LS® .Referto ourYTD reports forsustained periods ofthe Sales Ratio % .The accuracy and com pleteness ofthe inform ation is notguaranteed.In providing this inform ation SnapStats® orM aria Senajova do notassum e any responsibility orliability.M ore info atsnap-stats.com .
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