Greater Vancouver Real Estate Market Statistics – April 2018

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

Vancouver-West

In the Vancouver Westside, there were 71 sales of detached homes and 874 active listings at the end of the month. The benchmark sale price was $3,404,200, with average days on market of 50. The hottest markets for sales were Point Grey and Dunbar with 10 and 11 sales respectively.

In comparison, the condo market had 351 sales, 928 active listings and a benchmark sale price of $841,700 with an average of 19 days on market. The hottest market for sales was Downtown VW, 72 sales.

Townhome sales were 42, active listings were 169. The benchmark sale price was $1,302,200 with an average days on market of 21. Kitsilano with 12 sales was the hottest market of the month.

It’s a seller’s market for condos and townhomes in Vancouver-West.

MarketHotSheet_April2018_VancouverWest

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What are the Top 25 Greater Vancouver neighbourhoods to buy real estate according to MoneySense?

Yes, good value real estate is possible in Vancouver.

moneysensevancouverIn April 2017, in their annual Where to Buy Now coverage MoneySense.ca selected their top Greater Vancouver neighbourhoods to buy real estate to see the best return on investment.

What’s a buyer to do? The best way is to buy based on solid fundamentals. In real estate this means finding good-value neighbourhoods that offer a good chance of continued momentum in the future. That’s not easy in a hot market, but this year’s Where to Buy Vancouver list shows it is possible.   Read the rest of the article here. 

We’ve rounded up homes for sale in each of these Where to Buy neighbourhoods to make it easy for you.

The top 25 Greater Vancouver neighbourhoods for Buyers, according to MoneySense are:

  1. Cedardale, West Vancouver

  2. Port Moody Centre, Port Moody

  3. Lower Lonsdale, North Vancouver

  4. Pemberton NV, North Vancouver

  5. Glenmore, West Vancouver

  6. Glenayre, Port Moody

  7. River Springs, Coquitlam

  8. Cypress Park Estates, West Vancouver

  9. Edmonds BE, Burnaby

  10. Meadow Brook, Coquitlam

  11. Cape Horn, Coquitlam

  12. Hastings, Vancouver East

  13. Horseshoe Bay WV, West Vancouver

  14. Burke Mountain, Coquitlam

  15. Norgate, North Vancouver

  16. Eagle Harbour, West Vancouver

  17. Sapperton, New Westminster

  18. Ambleside, West Vancouver

  19. Mountain Meadows, Port Moody

  20. Steveston Village, Richmond

  21. Queensbury, North Vancouver

  22. Renfrew VE, Vancouver East

  23. Mount Pleasant VE, Vancouver East

  24. Windsor Park NV, North Vancouver

  25. Westwind, Richmond

To view all active listings currently for sale in one of these areas simply click the neighbourhood links above or call our head office at 1-877-278-3888 to be matched to an expert real estate agent in the area of your choosing.