Greater Vancouver Real Estate Market Statistics – July 2018

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in July 2018.

Vancouver-West

In the Vancouver Westside, there were 57 sales of detached homes and 858 active listings at the end of the month. The benchmark sale price was $3,356,500, with average days on market of 54. The hottest markets for sales were Dunbar, Kitsilano and Southlands with 7 sales each.

In comparison, the condo market had 295 sales, 1,203 active listings and a benchmark sale price of $835,200 with an average of 26 days on market. The hottest market for sales was Downtown VW, 55. sales.

Townhome sales were 39, active listings were 198. The benchmark sale price was $1,288,600 with an average days on market of 29. Kitsilano with 8 sales was the hottest market of the month.

It’s a buyer’s market for houses in Vancouver-West.

MarketHotSheet_July2018_VancouverWest

Vancouver-East

The Vancouver Eastside had 68 sales and 846 active listings for detached homes at the end of the month. The benchmark sales price was $1,535,500, and the average days on market were 34. The hottest sales market was Renfrew Heights with 10 sales.

The condo market featured 132 sales, 371 active listing, and a benchmark sales price was $568,900. The average days on market were 21 days, and the hottest market for sales was Mount Pleasant VE with 45 sales each.

The townhome market, on the other hand, had 23 sales and 102 active listings. The benchmark sale price was $892,600 with 19 average days on market. Champlain Heights and Mount Pleasant VE with 6 sales each had the most sales of the month.

It’s a seller’s market for condos.

MarketHotSheet_July2018_VancouverEast

North Shore

In July, the North Vancouver market had 52 sales and 458 active listings for detached homes. The benchmark sale price was $1,675,200 with an average days on market of 34. Canyon Heights with 8 sales had the most sales activity.

There were 76 sales and 228 active listings for condos. The benchmark sale price was $599,400 with 25 average days on market. The neighborhood of Lower Lonsdale with 26 sales was the hottest sales market.

Townhome sales were 19, active listings were 95, the benchmark sale price was $1,033,400, and the average days on market were 22. Lower Lonsdale with 5 sales each had the most sales activity.

It’s a seller’s market for condos.

MarketHotSheet_July2018_NorthVancouver

West Vancouver

MarketHotSheet_July2018_WestVancouver

Coquitlam

MarketHotSheet_July2018_Coquitlam

Port Coquitlam

MarketHotSheet_July2018_PortCoquitlam

Port Moody

MarketHotSheet_July2018_PortMoody

Maple Ridge

MarketHotSheet_July2018_MapleRidge

The followings are the summaries of the surrounding areas:

Burnaby East

MarketHotSheet_July2018_BurnabyEast