Stilhavn All Areas

6

STILHAVN REAL ESTATE SERVICES

THE STILHAVN REPORT • STILHAVN .COM

REALTOR® Report A Research Tool Provided by the Greater Vancouver REALTORS® Metro Vancouver

METRO VANCOUVER

March 2024

Detached Properties

March

February

One-Year Change

One-Year Change

Activity Snapshot

2024

2023

2024

2023

Total Active Listings

3,898

3,772

3,395

+14.8%

3,322

+13.5%

Sales

696

565

737

- 5.6%

516

+9.5%

Days on Market Average

35

47

38

- 7.9%

38

+23.7%

MLS® HPI Benchmark Price

$2,007,900

$1,972,400

$1,870,100

+7.4%

$1,839,200

+7.2%

Condos

March

February

One-Year Change

One-Year Change

Activity Snapshot

2024

2023

2024

2023

Total Active Listings

4,544

4,228

3,874

+17.3%

3,673

+15.1%

Sales

1,209

1,093

1,314

- 8.0%

931

+17.4%

Days on Market Average

26

34

30

- 13.3%

35

- 2.9%

MLS® HPI Benchmark Price

$777,500

$770,700

$735,500

+5.7%

$730,100

+5.6%

Townhomes

March

February

One-Year Change

One-Year Change

Activity Snapshot

2024

2023

2024

2023

Total Active Listings

1,105

1,048

948

+16.6%

908

+15.4%

Sales

400

316

363

+10.2%

304

+3.9%

Days on Market Average

20

32

27

- 25.9%

29

+10.3%

MLS® HPI Benchmark Price

$1,112,800

$1,094,700

$1,060,100

+5.0%

$1,050,800

+4.2%

Sales-to-Active Ratio

Townhome

Condo [26.6%]

Detached

[36.2%]

[17.9%]

100%

80%

Seller's Market

60%

40%

20%

Buyer's Market Balanced Market

0%

Current as of April 02, 2024. All data from the Greater Vancouver REALTORS® Report © 2024 ShowingTime Plus, LLC. Percent changes are calculated using rounded figures.