Market Insights Archives - macdonald realty
Greater Vancouver Real Estate Market Statistics – July 2019

Greater Vancouver Real Estate Market Statistics – July 2019

Greater Vancouver Real Estate Market Statistics – July 2019

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in July 2019.

Coquitlam

 In the Coquitlam, there were 86 sales of detached homes and 537 active listings at the end of the month. The benchmark sale price was $1,169,300.    

In comparison, the condo market had 94 sales, 378 active listings and a benchmark sale price of $516,400.

Townhome sales were 49, active listings were 145. The benchmark sale price was $653,200.  

It’s a seller’s market for townhomes.

Port Coquitlam

 Port Coquitlam had 32 sales and 158 active listings for detached homes at the end of the month. The benchmark sales price was $919,200.

The condo market featured 29 sales, 126 active listings, and a benchmark sales price was $446,000.

The townhome market had 22 sales and 91 active listings. The benchmark sale price was $631,800.

It’s a balanced market in Port Coquitlam.

 

Port Moody

 In July, Port Moody market had 11 sales and 116 active listings for detached homes. The benchmark sale price was $1,442,000.

There were 29 sales and 55 active listings for condos. The benchmark sale price was $628,700.

Townhome sales were 15, active listings were 51, the benchmark sale price was $656,900.

It’s a seller’s market for condos and townhomes in Port Moody.

Burnaby East

Burnaby North

 

Burnaby South

 

New Westminster

 

Vancouver-West

 

Vancouver-East

 

West Vancouver

 

North Vancouver

Maple Ridge

 

Richmond

Ladner

Tsawwassen

Pitt Meadows

Bowen Island

Looking for more information about the real estate market in specific neighbourhoods in the Greater Vancouver

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

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – July 2019

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – July 2019

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in July 2019.

Whistler

In July 2019, Whistler had 5 sales of detached homes and 96 active listings. The benchmark sale price was $1,649,100.

The condo market had 13 sales and 110 active listings at the end of the month.  The benchmark sale price was $475,800.

Townhome sales were 11 sales, active listings were 68. The benchmark sale price was $915,400.

It’s a buyer’s market in Whistler.

Squamish

In July 2019, there were 13 sales of detached homes and 123 active listings in Squamish. The benchmark sale price was $980,900.

The condo market had 11 sales and 80 active listings at the end of the month.  The benchmark sale price was $478,600.

The townhome market had 9 sales and, the active listings were 44. The benchmark sale price was $687,900.

It’s a buyer’s market for homes and condos in Squamish.

 

Sunshine Coast

 

Looking for more information about the real estate market in specific neighborhoods in Squamish, Whistler, and Sunshine Coast?

Macdonald Realty has offices in Squamish, Whistler, and Sunshine Coast. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

 

Okanagan Real Estate Market Statistics – July 2019

Okanagan Real Estate Market Statistics – July 2019

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in June 2019.

Central Okanagan: Kelowna and Lake Country

There were 230 sales, 1,302 active listings, and a $713,290 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.

The condo market featured 134 sales and 640 active listings at the end of the month. The average sale price was $362,685.

Townhome sales were 89, active listings were 385 and the average sale price was $517,908.

It’s a balanced market in Central Okanagan.

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area and the average sale price was $536,437. At the end of the month, there were 116 sales and 524 active listings.

There were 19 sales and 71 active listings for condos. The average sale price was $239,968.

In comparison, townhomes featured 44 sales, 147 active listings and a $326,869 average sale price.

It’s a seller’s market for condos and townhomes in North Okanagan.

 

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

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – July 2019

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – July 2019

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in July 2019.

 

Cloverdale

In the Cloverdale market, the benchmark sale price was $994,900 for detached homes. At the end of the month, there were 196 active listings and 46 sales.

The condo market had 22 sales and 52 active listings. The benchmark sale price was $446,700.

Townhomes featured 39 sales, 164 active listings and a $552,600 benchmark sale price.

It’s a seller’s market for condos in Cloverdale.  

Langley

In the Langley market, there were 96 sales of detached homes and 419 active listings at the end of the month. The benchmark sale price was $983,100. 

In comparison, the condo market had 56 sales, 303 active listings, and the benchmark sale price was $410,200.

Townhome market featured 95 sales, 277 active listings and a $494,200 benchmark sale price.

It’s a seller’s market for townhomes in Langley.

 

 

North Delta

There were 49 sales, 217 active listings, and a $881,000 benchmark sale price for detached homes in the North Delta market.

The condo market featured 06 sales, 31 active listings and a benchmark sale price of $375,400 at the end of the month.

In comparison, townhome sales were 08, active listings were 33 and the benchmark sale price was $580,500.

It’s a balanced market in North Delta.

 

 

Abbotsford

  

  

Mission

 

 

North Surrey

 

 

 Surrey Central

White Rock/South Surrey

  

Looking for more information about the real estate market in specific neighborhoods in Surrey, Langley and Fraser Valley? 

Macdonald Realty has offices in North Delta, White Rock/South Surrey, and Langley. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

 

This blog post is based on market data provided by the Fraser Valley Real Estate Board (FVREB) www.fvreb.bc.ca

 

 

 

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – July 2019

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – July 2019

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in July 2019.

 

Greater Victoria

In July 2019, there were 283 sales of single family homes and 992 active listings in Greater Victoria. The benchmark sale price was $756,000.

In comparison, the Condo market had 215 sales and 619 active listings at the end of the month. The benchmark sale price was $511,000.

Townhome sales were 89, active listings were 235 and the benchmark sale price was $602,200.

It’s a seller’s market in Greater Victoria.

Parksville / Qualicum

Nanaimo

Looking for more information about the real estate market in specific neighbourhoods in Victoria, Parksville, Nanaimo, Vancouver Island and the Gulf Islands?

Macdonald Realty has offices in downtown Victoria, Sidney, Parksville and on Salt Spring Island. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area.

Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Victoria Real Estate Board (VREB) www.vreb.org and the Vancouver Island Real Estate Board (VIREB) www.vireb.com. Market data from the VIREB includes listings and sales in Campbell River, Comox Valley, Cowichan Valley Nanaimo, Parksville/Qualicum, Port Alberni/West, North Island, and the Islands.

 

Greater Vancouver Real Estate Market Statistics – June 2019

Greater Vancouver Real Estate Market Statistics – June 2019

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in June 2019.

Burnaby East

In the Burnaby Eastside, there were 5 sales of detached homes and 63 active listings at the end of the month. The benchmark sale price was $1,180,600.

In comparison, the condo market had 4 sales, 36 active listings and a benchmark sale price of $736,100.

Townhome sales were 6, active listings were 40. The benchmark sale price was $644,300.  

It’s a buyer’s market in Burnaby East.

 

Burnaby North

Burnaby North had 30 sales and 236 active listings for detached homes at the end of the month. The benchmark sales price was $1,399,800.

The condo market featured 54 sales, 311 active listings, and a benchmark sales price was $607,800.

The townhome market had 16 sales and 73 active listings. The benchmark sale price was $725,500.

It’s a buyer’s market for homes in Burnaby North.

 

Burnaby South

In June, Burnaby South market had 26 sales and 247 active listings for detached homes. The benchmark sale price was $1,496,100.

There were 71 sales and 435 active listings for condos. The benchmark sale price was $666,200.

Townhome sales were 18, active listings were 107, the benchmark sale price was $762,600.

It’s a buyer’s market for homes and condos in Burnaby South.

 

New Westminster

The New Westminster market had 26 sales and 135 active listings for detached homes. The benchmark sale price was $1,051,100.

Condo sales were 67 and active listings were 370 at the end of the month. The benchmark sales price was $520,000.

In comparison, townhome market had 3 sales and 51 active listings. The benchmark sales price was $721,500.

It’s a balanced market for homes and condos in New Westminster.

Vancouver-West

Vancouver-East

West Vancouver

North Vancouver

    

Coquitlam

Port Coquitlam

Port Moody

Maple Ridge

Richmond

Ladner

Tsawwassen

Pitt Meadows

Bowen Island

Looking for more information about the real estate market in specific neighborhoods in Greater Vancouver?

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

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

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