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Residential REAL ESTATE MARKET STATISICAL ANALYSIS

September 2018

Edition

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Home buyer demand stays below historical averages in August

VANCOUVER, BC – September 5, 2018 – The Metro Vancouver* housing market continues to experience reduced demand across all housing types. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,929 in August 2018, a 36.6 per cent decrease from the 3,043 sales recorded in August 2017, and a 6.8 per cent decline compared to July 2018 when 2,070 homes sold. Last month’s sales were 25.2 per cent below the 10-year August sales average. “Home buyers have been less active in recent months and we’re beginning to see prices edge down for all housing types as a result,” Phil Moore, REBGV president said. “Buyers today have more listings to choose from and face less competition than we’ve seen in our market in recent years.” There were 3,881 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2018. This represents an 8.6 per cent decrease compared to the 4,245 homes listed in August 2017 and an 18.6 per cent decrease compared to July 2018 when 4,770 homes were listed. The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 11,824, a 34.3 per cent increase compared to August 2017 (8,807) and a 2.6 per cent decrease compared to July 2018 (12,137). The sales-to-active listings ratio for August 2018 is 16.3 per cent. By housing type, the ratio is 9.2 per cent for detached homes, 19.4 per cent for townhomes, and 26.6 per cent for apartments. 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. “With fewer buyers active in the market, benchmark prices across all three housing categories have declined for two consecutive months across the region,” Moore said. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,083,400. This represents a 4.1 per cent increase over August 2017 and a 1.9 per cent decrease since May 2018. Sales of detached properties in August 2018 reached 567, a 37.1 per cent decrease from the 901 detached sales recorded in August 2017. The benchmark price for detached properties is $1,561,000. This represents a 3.1 per cent decrease from August 2017 and a 2.8 per cent decrease since May 2018. Sales of apartment properties reached 1,025 in August 2018, 36.5 per cent decrease compared to the 1,613 sales in August 2017. The benchmark price of an apartment property is $695,500. This represents a 10.3 per cent increase from August 2017 and a 1.6 per cent decrease since May 2018.

Attached property sales in August 2018 totalled 337, a 36.3 per cent decrease compared to the 529 sales in August 2017. The benchmark price of an attached unit is $846,100. This represents a 7.9 per cent increase from August 2017 and a 0.8 per cent decrease since May 2018.

2018 2017 One-Year Change 2018 2017 One-Year

Change

Total Active Listings 892 820 + 8.8% 915 812 + 12.7%

Sales 55 91 - 39.6% 77 103 - 25.2%

Days on Market Average 60 38 + 57.9% 63 33 + 90.9%

MLS® HPI Benchmark Price $1,669,900 $1,735,900 - 3.8% $1,701,400 $1,742,100 - 2.3%


Change


Sales 154 242 - 36.4% 150 199 - 24.6%


MLS® HPI Benchmark Price $685,500 $607,900 + 12.8% $700,100 $595,900 + 17.5%


Change


Sales 56 120 - 53.3% 56 100 - 44.0%



Townhomes August JulyActivity Snapshot

Condos August JulyActivity Snapshot

Current as of September 06, 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

August 2018

August JulyDetached Properties

Richmond

Seller's Market

Buyer's MarketBalanced Market

0%

20%

40%

60%

80%

100%

120%

Sales-to-Active Ratio Townhome Condo Detached[17.9%] [27.3%] [6.2%]

REALTOR® Report

Price Range SalesActive

ListingsAvg Dayson Market

Neighbourhood SalesActive

ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 1 0 Boyd Park 0 26 $1,513,800 - 5.6%

$100,000 to $199,999 0 4 0 Bridgeport RI 1 25 $1,330,800 - 2.5%

$200,000 to $399,999 0 2 0 Brighouse 0 27 $0 --

$400,000 to $899,999 1 18 14 Brighouse South 0 1 $0 --

$900,000 to $1,499,999 18 136 47 Broadmoor 2 64 $2,091,200 - 4.2%

$1,500,000 to $1,999,999 18 281 71 East Cambie 0 17 $1,352,700 - 4.2%

$2,000,000 to $2,999,999 10 277 56 East Richmond 1 21 $1,982,300 - 0.9%

$3,000,000 and $3,999,999 8 100 75 Garden City 2 36 $1,445,800 - 3.3%

$4,000,000 to $4,999,999 0 44 0 Gilmore 1 6 $1,758,400 + 0.2%

$5,000,000 and Above 0 29 0 Granville 7 77 $1,842,000 - 6.0%

TOTAL 55 892 60 Hamilton RI 1 25 $1,140,300 - 1.1%

Ironwood 2 29 $1,389,500 - 3.8%

Lackner 2 40 $1,672,700 - 5.8%

McLennan 1 17 $1,818,500 - 1.7%

McLennan North 1 15 $1,722,700 - 3.0%

McNair 3 31 $1,513,700 - 3.8%

Quilchena RI 3 34 $1,678,500 - 5.3%

Riverdale RI 4 45 $1,707,500 - 5.3%

Saunders 4 48 $1,544,800 - 3.7%

Sea Island 0 6 $882,500 - 2.0%

Seafair 3 59 $1,568,800 - 5.6%

South Arm 1 23 $1,334,000 - 4.2%

Steveston North 5 54 $1,426,700 + 0.3%

Steveston South 5 23 $1,691,800 + 0.5%

Steveston Village 1 13 $1,527,700 + 0.9%

Terra Nova 1 23 $1,947,300 - 8.1%

West Cambie 2 28 $1,349,700 - 5.5%

Westwind 1 14 $1,745,200 + 2.6%

Woodwards 1 65 $1,589,900 - 2.5%

TOTAL* 55 892 $1,669,900 - 3.8%

* 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 – August 2018


Richmond

90 93 75 69 66 53 78 65 88 81 77 55

818793 790

589

621737 764 808

891 923 915892

$1,757,100 $1,750,400$1,731,800

$1,753,500 $1,750,900 $1,758,700$1,770,000

$1,745,200$1,724,600

$1,707,600 $1,701,400

$1,669,900

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

Sales Active Listings MLS® HPI Benchmark Price

REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 1 0 Boyd Park 4 6 $472,500 + 31.9%

$100,000 to $199,999 2 1 15 Bridgeport RI 2 13 $772,400 + 14.9%

$200,000 to $399,999 21 24 43 Brighouse 59 249 $651,500 + 7.7%

$400,000 to $899,999 115 447 29 Brighouse South 16 67 $603,000 + 12.8%

$900,000 to $1,499,999 14 75 52 Broadmoor 1 1 $513,100 + 17.4%

$1,500,000 to $1,999,999 1 6 58 East Cambie 0 0 $509,400 + 21.8%

$2,000,000 to $2,999,999 1 7 44 East Richmond 0 4 $816,000 + 13.8%

$3,000,000 and $3,999,999 0 1 0 Garden City 0 2 $447,900 + 9.8%

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

$5,000,000 and Above 0 0 0 Granville 3 2 $265,200 + 19.6%

TOTAL 154 564 33 Hamilton RI 0 0 $728,900 + 14.9%

Ironwood 4 16 $672,100 + 14.1%

Lackner 0 0 $0 --

McLennan 0 0 $0 --

McLennan North 7 38 $801,600 + 16.1%

McNair 0 0 $0 --

Quilchena RI 1 1 $0 --

Riverdale RI 0 17 $617,000 + 26.4%

Saunders 0 0 $0 --

Sea Island 0 0 $0 --

Seafair 0 0 $468,400 + 32.1%

South Arm 3 1 $323,900 + 18.4%

Steveston North 2 1 $465,300 + 29.0%

Steveston South 6 30 $564,500 + 10.6%

Steveston Village 2 11 $0 --

Terra Nova 0 2 $0 --

West Cambie 42 103 $719,200 + 15.3%

Westwind 0 0 $0 --

Woodwards 2 0 $0 --

TOTAL* 154 564 $685,500 + 12.8%


Condos - Richmond

#VALUE!

#VALUE!


Condo Report – August 2018


Richmond

200 202 190143 145 142 161

167 188 162 150 154

411 389 401327 317

363411

467538

594 616564

$612,000$624,000 $627,800

$652,500$665,200 $673,300 $675,500

$700,600$686,500

$699,700 $700,100$685,500

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


REALTOR® Report


ListingsDays onMarket


ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Boyd Park 1 5 $494,700 + 9.9%

$100,000 to $199,999 0 0 0 Bridgeport RI 0 12 $692,900 + 16.0%

$200,000 to $399,999 0 0 0 Brighouse 0 18 $806,100 + 9.6%

$400,000 to $899,999 36 130 23 Brighouse South 6 43 $824,900 + 8.2%

$900,000 to $1,499,999 20 174 41 Broadmoor 2 7 $1,024,700 + 7.8%

$1,500,000 to $1,999,999 0 9 0 East Cambie 4 7 $890,300 + 12.9%

$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 0 7 $967,800 + 7.7%

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

$5,000,000 and Above 0 0 0 Granville 3 16 $769,600 + 9.2%

TOTAL 56 313 29 Hamilton RI 2 11 $743,000 + 13.8%

Ironwood 0 3 $721,100 + 14.2%

Lackner 1 3 $956,400 + 5.6%

McLennan 0 0 $0 --

McLennan North 11 62 $970,200 + 4.5%

McNair 0 2 $617,200 + 14.1%

Quilchena RI 1 4 $670,300 + 5.2%

Riverdale RI 0 5 $859,600 + 4.8%

Saunders 0 16 $691,000 + 9.4%

Sea Island 0 0 $0 --

Seafair 1 3 $1,008,800 + 5.9%

South Arm 2 6 $708,100 + 9.0%

Steveston North 2 5 $676,600 + 5.3%

Steveston South 5 10 $947,000 + 4.4%

Steveston Village 0 6 $870,400 + 3.7%

Terra Nova 6 13 $989,300 + 6.1%

West Cambie 8 28 $874,000 + 10.0%

Westwind 1 2 $842,000 + 6.0%

Woodwards 0 17 $862,000 + 9.1%

TOTAL* 56 313 $865,400 + 8.1%


Townhomes - Richmond

#VALUE!

#VALUE!


Townhomes Report – August 2018


Richmond

85113

85 76 56 62 6576 75 65 56 56

298265

290

212 210227

241 246

298 310 316 313

$801,500 $800,000 $805,500 $807,900$822,500 $819,500

$830,700$839,000

$846,300$854,800

$869,400 $865,400

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


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


Richmond


August 2018

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

$588

$698

$727

$697

$674$675

$732

$803

$749

$778

$681$719

$440 $474

$508

$494

$522

$573

$589 $628

$655

$687$701

$714

$423

$456

$505

$513

$503

$537

$585

$602$589

$619

$624

$590

$400

$500

$600

$700

$800

$900

09-2015 12-2015 03-2016 06-2016 09-2016 12-2016 03-2017 06-2017 09-2017 12-2017 03-2018 06-2018

Average Price Per Square Foot Detached Condos Townhomes

$660,200$728,300

$774,800 $752,600

$891,500

$1,064,400$1,020,500

$985,400$1,033,900

$1,239,900

$1,751,400 $1,735,900$1,669,900

$309,200 $336,800 $351,900 $341,300 $364,300 $365,000 $355,900 $365,500 $373,200 $390,000

$480,700

$607,900

$685,500

$384,600 $411,700$440,600 $422,400

$476,500$506,400 $497,200 $489,600 $508,500

$549,900

$724,800

$800,600$865,400

$250,000

$500,000

$750,000

$1,000,000

$1,250,000

$1,500,000

$1,750,000

$2,000,000

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

MLS® HPI Benchmark PriceDetached Condos Townhomes


Change


Sales 20 27 - 25.9% 15 27 - 44.4%

Days on Market Average 45 35 + 28.6% 35 50 - 30.0%

MLS® HPI Benchmark Price $1,016,400 $1,010,200 + 0.6% $998,100 $975,700 + 2.3%


Change


Sales 6 8 - 25.0% 11 8 + 37.5%

Days on Market Average 23 28 - 17.9% 23 16 + 43.8%



Change

Total Active Listings 22 16 + 37.5% 17 20 - 15.0%

Sales 3 9 - 66.7% 12 10 + 20.0%

Days on Market Average 31 145 - 78.6% 16 61 - 73.8%


Activity Snapshot


July 2018

July JuneDetached Properties

Ladner

Current as of August 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.

Townhomes July JuneActivity Snapshot

Condos July JuneActivity Snapshot

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 2 10 $963,800 + 0.4%

$100,000 to $199,999 0 1 0 East Delta 0 3 $0 --

$200,000 to $399,999 1 4 33 Hawthorne 4 31 $1,018,500 + 1.0%

$400,000 to $899,999 2 11 69 Holly 5 22 $1,058,600 + 2.2%

$900,000 to $1,499,999 15 83 36 Ladner Elementary 5 26 $943,200 - 0.0%

$1,500,000 to $1,999,999 2 16 94 Ladner Rural 2 9 $1,740,000 + 3.3%

$2,000,000 to $2,999,999 0 5 0 Neilsen Grove 1 11 $1,086,800 - 1.9%

$3,000,000 and $3,999,999 0 3 0 Port Guichon 1 12 $910,200 - 2.0%

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

$5,000,000 and Above 0 5 0 TOTAL* 20 128 $1,016,400 + 0.6%

TOTAL 20 128 45

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

Detached Homes - Ladner

#VALUE!

#VALUE!


Detached Properties Report – July 2018


Ladner

3112 19 18 15 5 10 12 21 20 15 20

88 93103 99

7491 99 107 111

128139

128

$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

$1,016,400

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


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange


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

$200,000 to $399,999 1 2 22 Hawthorne 3 3 $461,100 + 17.0%

$400,000 to $899,999 5 7 23 Holly 0 0 $0 --

$900,000 to $1,499,999 0 0 0 Ladner Elementary 0 3 $423,800 + 14.9%

$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 1 0 $578,900 + 12.4%

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


$5,000,000 and Above 0 0 0 TOTAL* 6 9 $472,200 + 16.1%

TOTAL 6 9 23


Condos - Ladner

#VALUE!

#VALUE!


Condo Report – July 2018


Ladner

57

4 3 3

10

45 5

6

11

66 7 6

1011

6

9

13 14

18

13

9

$419,500 $422,800 $422,600$433,400 $436,600 $431,300

$443,300

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

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


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 2 4 $730,100 + 9.7%

$400,000 to $899,999 2 14 23 Holly 0 1 $826,100 + 8.9%

$900,000 to $1,499,999 1 7 48 Ladner Elementary 0 5 $696,200 + 10.1%

$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 1 10 $1,172,200 + 6.7%

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


$5,000,000 and Above 0 0 0 TOTAL* 3 22 $797,500 + 8.0%

TOTAL 3 22 31


Townhomes - Ladner

#VALUE!

#VALUE!


Townhomes Report – July 2018


Ladner

13

75 6

4 5

75

912

3

11

22 22 23

16 1517

1316

1917

22

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

$756,500

$776,900 $776,000$783,200 $779,700 $786,100 $787,500

$778,000

$797,500

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


Ladner


July 2018




$537

$589

$487$504

$552

$426

$479

$563

$482

$512$497

$495

$339

$349

$379

$379$413 $414

$431$450

$488

$516 $518

$485

$336$407

$441

$495

$436$422

$445

$481 $476

$455

$463

$409

$200

$300

$400

$500

$600

$700

08-2015 11-2015 02-2016 05-2016 08-2016 11-2016 02-2017 05-2017 08-2017 11-2017 02-2018 05-2018


$499,100

$547,600$576,200

$535,200

$600,300$625,600 $638,500

$617,700 $632,600

$756,300

$1,033,400$1,010,200 $1,016,400

$252,800$288,000

$305,700$285,500

$316,300 $314,400 $329,600$301,500 $311,000

$346,500

$411,500 $406,600

$472,200$370,800$394,300

$428,200$402,600

$447,100$472,000 $457,400 $451,400

$471,200

$522,800

$664,200

$738,200

$797,500

$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 14 29 - 51.7% 21 32 - 34.4%


MLS® HPI Benchmark Price $1,265,500 $1,263,200 + 0.2% $1,247,900 $1,220,000 + 2.3%


Change


Sales 8 8 0.0% 17 21 - 19.0%




Change

Total Active Listings 15 8 + 87.5% 9 10 - 10.0%

Sales 1 5 - 80.0% 2 1 + 100.0%

Days on Market Average 18 70 - 74.3% 47 119 - 60.5%


Activity Snapshot


July 2018


Tsawwassen




Seller's Market

Buyer's MarketBalanced Market0%

100%

200%

300%

400%


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Beach Grove 3 20 $1,052,600 - 1.1%

$100,000 to $199,999 0 0 0 Boundary Beach 1 19 $1,273,600 - 1.3%

$200,000 to $399,999 0 0 0 Cliff Drive 3 23 $1,143,200 - 0.3%

$400,000 to $899,999 0 3 0 English Bluff 0 22 $1,752,700 + 2.7%

$900,000 to $1,499,999 8 107 55 Pebble Hill 6 46 $1,337,800 + 0.6%

$1,500,000 to $1,999,999 6 38 69 Tsawwassen Central 1 41 $1,189,600 + 0.0%

$2,000,000 to $2,999,999 0 27 0 Tsawwassen East 0 13 $1,341,100 - 1.1%

$3,000,000 and $3,999,999 0 7 0 TOTAL* 14 184 $1,265,500 + 0.2%

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

$5,000,000 and Above 0 0 0

TOTAL 14 184 61

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

Detached Homes - Tsawwassen

#VALUE!

#VALUE!




Tsawwassen

22 26 27 19 11 9 20 22 24 27 21 14

160 175 162 159117

129 141156

186204 195

184

$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

$1,265,500

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


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Beach Grove 2 11 $537,800 + 15.6%

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

$200,000 to $399,999 0 1 0 Cliff Drive 3 33 $470,600 + 15.9%

$400,000 to $899,999 8 38 36 English Bluff 1 1 $0 --

$900,000 to $1,499,999 0 7 0 Pebble Hill 0 0 $0 --

$1,500,000 to $1,999,999 0 2 0 Tsawwassen Central 2 3 $517,300 + 16.0%

$2,000,000 to $2,999,999 0 0 0 Tsawwassen East 0 1 $599,900 + 15.7%

$3,000,000 and $3,999,999 0 1 0 TOTAL* 8 49 $503,700 + 15.6%

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

$5,000,000 and Above 0 0 0

TOTAL 8 49 36


Condos - Tsawwassen

#VALUE!

#VALUE!




Tsawwassen

136 9

3 2 37

1512

6

17

8

23 24 21

23 20 23 25

34

4652 50

49

$449,100 $451,500 $452,200$467,600 $462,400 $460,500

$471,000

$490,600

$513,600 $507,500 $504,900 $503,700

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


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Beach Grove 0 2 $675,900 + 5.1%

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

$200,000 to $399,999 0 0 0 Cliff Drive 0 8 $0 --

$400,000 to $899,999 1 13 18 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 1 2 $0 --

$2,000,000 to $2,999,999 0 0 0 Tsawwassen East 0 1 $927,700 + 7.3%

$3,000,000 and $3,999,999 0 0 0 TOTAL* 1 15 $759,800 + 4.6%

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

$5,000,000 and Above 0 0 0

TOTAL 1 15 18


Townhomes - Tsawwassen

#VALUE!

#VALUE!




Tsawwassen

5 1 4 2 0 42

2 2 2 2 14

6 7 7 7 67 9 10 10 9 15

$720,100

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

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

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

$759,800

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


Tsawwassen


July 2018




$495

$570

$610

$572$556 $564 $549 $580

$571

$486

$586

$576

$461

$356

$494

$471

$432

$494

$478

$597

$496 $498

$565

$527

$358

$0

$390

$482

$408

$0

$442

$469

$411 $418

$443

$469

$0

$100

$200

$300

$400

$500

$600

$700

08-2015 11-2015 02-2016 05-2016 08-2016 11-2016 02-2017 05-2017 08-2017 11-2017 02-2018 05-2018


$574,500$622,800

$661,300

$607,500

$675,300$703,100

$738,900$715,700

$740,300

$891,700

$1,269,700 $1,263,200 $1,265,500

$284,100$323,700

$343,600$320,900

$351,400 $335,600 $344,600$317,100 $322,700

$358,100

$429,200 $435,900

$503,700$347,100

$369,200$400,800

$376,900$422,600

$446,500 $442,700$421,800

$445,400

$499,400

$620,700

$726,200$759,800

$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 57 74 - 23.0% 81 114 - 28.9%


MLS® HPI Benchmark Price $3,356,500 $3,666,200 - 8.4% $3,392,500 $3,627,200 - 6.5%


Change

Total Active Listings 1,203 1,001 + 20.2% 1,254 931 + 34.7%

Sales 295 396 - 25.5% 328 462 - 29.0%




Change


Sales 39 40 - 2.5% 47 61 - 23.0%


MLS® HPI Benchmark Price $1,288,600 $1,232,000 + 4.6% $1,303,600 $1,211,600 + 7.6%

Activity Snapshot


July 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 45 $3,785,000 - 6.4%

$100,000 to $199,999 0 0 0 Cambie 3 45 $2,563,100 - 5.4%

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

$400,000 to $899,999 3 11 13 Downtown VW 0 1 $0 --

$900,000 to $1,499,999 2 16 100 Dunbar 7 103 $2,757,700 - 14.1%

$1,500,000 to $1,999,999 5 22 63 Fairview VW 0 6 $0 --

$2,000,000 to $2,999,999 21 176 38 False Creek 0 1 $0 --

$3,000,000 and $3,999,999 10 190 61 Kerrisdale 6 63 $3,271,700 - 9.1%

$4,000,000 to $4,999,999 8 156 52 Kitsilano 7 60 $2,284,900 - 11.5%

$5,000,000 and Above 8 283 86 MacKenzie Heights 2 33 $3,546,500 - 8.7%

TOTAL 57 858 54 Marpole 2 81 $2,331,100 - 2.2%

Mount Pleasant VW 1 4 $2,557,000 + 2.2%

Oakridge VW 0 17 $3,215,100 - 4.7%

Point Grey 8 71 $3,406,000 - 12.8%

Quilchena 2 32 $3,948,600 - 4.6%

S.W. Marine 2 37 $3,347,600 - 1.4%

Shaughnessy 0 82 $5,797,200 - 6.1%

South Cambie 0 18 $3,669,300 - 5.3%

South Granville 3 92 $4,390,300 - 5.0%

Southlands 7 34 $3,686,100 0.0%

University VW 4 28 $5,559,900 - 13.6%

West End VW 0 3 $0 --

Yaletown 0 1 $0 --

TOTAL* 57 858 $3,356,500 - 8.4%

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

Detached Homes - Vancouver - West

#VALUE!

#VALUE!




Vancouver - West

52 74 108 8337 44 53 52 71 91 81 57

838 911 895834

601702

799 827905 937 907

858

$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

$3,356,500

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


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 4 44 $726,200 + 11.1%

$200,000 to $399,999 3 8 31 Coal Harbour 14 87 $1,146,500 + 16.0%

$400,000 to $899,999 180 470 24 Downtown VW 55 259 $725,700 + 4.6%

$900,000 to $1,499,999 86 389 25 Dunbar 0 10 $720,400 + 4.9%

$1,500,000 to $1,999,999 13 116 64 Fairview VW 34 72 $829,500 + 7.5%

$2,000,000 to $2,999,999 10 104 39 False Creek 20 67 $862,600 + 2.1%

$3,000,000 and $3,999,999 3 52 18 Kerrisdale 4 28 $928,200 + 5.6%

$4,000,000 to $4,999,999 0 19 0 Kitsilano 32 71 $658,100 + 6.5%

$5,000,000 and Above 0 45 0 MacKenzie Heights 0 0 $0 --

TOTAL 295 1,203 26 Marpole 18 57 $614,000 + 10.6%

Mount Pleasant VW 3 8 $585,700 + 3.6%

Oakridge VW 1 8 $1,137,200 + 7.9%

Point Grey 3 13 $628,000 + 5.5%

Quilchena 1 23 $1,144,500 + 5.2%

S.W. Marine 4 8 $513,500 + 8.7%

Shaughnessy 2 6 $657,700 + 2.1%

South Cambie 5 6 $981,700 + 9.9%

South Granville 0 4 $1,059,300 + 12.6%

Southlands 0 2 $821,900 + 3.6%

University VW 26 102 $1,012,700 + 14.5%

West End VW 40 127 $684,600 + 7.2%

Yaletown 29 201 $892,200 + 3.3%

TOTAL* 295 1,203 $835,200 + 6.6%


Condos - Vancouver - West

#VALUE!

#VALUE!




Vancouver - West

407 403 390 381251 244

329351 351 358 328 295

812 838 862

809

617 656 728 779

979

1,219 1,2541,203

$787,400$796,100

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

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

$835,200

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


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 8 $1,217,900 + 0.3%

$200,000 to $399,999 0 0 0 Coal Harbour 1 7 $1,819,400 + 0.1%

$400,000 to $899,999 5 12 24 Downtown VW 1 4 $1,014,700 + 6.7%

$900,000 to $1,499,999 20 71 29 Dunbar 1 2 $0 --

$1,500,000 to $1,999,999 13 71 33 Fairview VW 2 30 $1,119,500 + 11.1%

$2,000,000 to $2,999,999 1 30 4 False Creek 5 6 $931,600 + 3.7%

$3,000,000 and $3,999,999 0 8 0 Kerrisdale 3 5 $1,564,700 + 1.1%

$4,000,000 to $4,999,999 0 2 0 Kitsilano 8 26 $1,092,000 + 2.0%

$5,000,000 and Above 0 4 0 MacKenzie Heights 0 2 $0 --

TOTAL 39 198 29 Marpole 1 16 $1,118,200 + 1.9%

Mount Pleasant VW 1 2 $1,256,500 + 4.3%

Oakridge VW 2 10 $1,628,500 + 1.0%

Point Grey 0 1 $1,159,900 + 1.1%

Quilchena 1 0 $1,539,600 + 1.8%

S.W. Marine 0 2 $0 --

Shaughnessy 0 12 $2,526,600 + 6.8%

South Cambie 0 3 $1,871,700 + 2.7%

South Granville 4 14 $1,656,300 + 2.1%

Southlands 0 0 $0 --

University VW 2 26 $1,761,200 + 1.1%

West End VW 1 4 $1,222,700 + 5.4%

Yaletown 3 18 $1,737,700 + 5.7%

TOTAL* 39 198 $1,288,600 + 4.6%


Townhomes - Vancouver - West

#VALUE!

#VALUE!




Vancouver - West

47 58 44 40 22 18 3431 42 42 47 39

147

140 149 147117 122

136 148180

227 233198

$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$1,288,600

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


Vancouver - West


July 2018




$1,101$1,121

$1,249

$1,309

$1,172

$1,251$1,253

$1,236

$1,281

$1,324

$1,168$1,183

$758 $833$875

$949

$921 $948

$1,044

$1,071$1,110

$1,187 $1,175

$1,089

$736

$751

$884

$923

$887$913

$1,001$1,006

$1,027

$1,092$1,033

$1,004

$600

$800

$1,000

$1,200

$1,400

$1,600

08-2015 11-2015 02-2016 05-2016 08-2016 11-2016 02-2017 05-2017 08-2017 11-2017 02-2018 05-2018


$1,238,000

$1,464,900$1,563,300

$1,439,600

$1,754,200

$2,171,100 $2,172,100$2,070,800

$2,276,300

$2,653,200

$3,591,200$3,666,200

$3,356,500

$397,900 $436,400 $446,000 $435,500 $455,200 $477,400 $477,400 $476,200 $489,100 $530,100

$701,700$783,700 $835,200

$557,800$628,900 $672,800 $621,700 $680,100 $706,800 $740,300 $719,500

$786,500 $841,700

$1,125,200$1,232,000 $1,288,600

$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


Everything you need to know about your Real Estate Market ... · The total number of homes...

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