Greater Vancouver Real Estate Market Statistics – September 2018

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

Vancouver-West

In the Vancouver Westside, there were 39 sales of detached homes and 858 active listings at the end of the month. The benchmark sale price was $3,254,200, with average days on market of 59. The hottest markets for sales was Kerrisdale with 7 sales.

In comparison, the condo market had 209 sales, 1,347 active listings and a benchmark sale price of $804,100 with an average of 30 days on market. The hottest market for sales was Downtown VW, 52 sales.

Townhome sales were 28, active listings were 227. The benchmark sale price was $1,229,300 with an average days on market of 33. Fairview VW with 6 sales was the hottest market of the month.

It’s a buyer’s market in Vancouver West.

MarketHotSheet_September_2018_VancouverWest

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Okanagan Real Estate Market Statistics – August 2018

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in August 2018.

Central Okanagan: Kelowna and Lake Country

There were 190 sales, 1,265 active listings, and a $687,413 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The average days on market were 60.

The condo market featured 116 sales and 554 active listings at the end of the month. The average sale price was $354,728 with 60 average days on market.

Townhome sales were 75, active listings were 359, average sale price was $504,574, and the average days on market were 67.

MarketHotSheet_August_2018_CentralOkanagan

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area, the average sale price was $483,666 with an average days on market of 62 days for detached homes. At the end of the month, there were 93 sales and 500 active listings.

There were 14 sales and 78 active listings for condos. The average sale price was $256,089, and the average days on market were 47.

In comparison, townhome featured 32 sales, 138 active listings and a $355,447 average sale price with 68 average days on market.

MarketHotSheet_August_2018_NorthOkanagan

Looking for more information about the real estate market in specific neighbourhoods in Okanagan? 

Macdonald Realty has offices in Kelowna and across BC. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.