Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in December 2017.
In the Vancouver Westside, there were 37 sales of detached homes and 553 active listings at the end of the month. The benchmark sale price was $3,556,100, with an average days on market of 64. The hottest markets for sales were Kerrisdale and Kitsliano with 5 sales each.
In comparison, the condo market had 253 sales, 511 active listings and a benchmark sale price of $807,100 with an average of 22 days on market. The hottest market for sales was Downtown VW, 65 sales.
Townhome sales were 22, active listings were 98. The benchmark sale price was $1,242,400 with an average days on market of 29. Downtown VW with 3 sales was the hottest market of the month.
It’s a seller’s market for condos.