Greater Vancouver Real Estate Market Statistics – October 2019 – macdonald realty

 

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

Vancouver-East

Vancouver East had 108 sales and 583 active listings for detached homes at the end of the month. The benchmark sales price was $1,360,500.

The condo market featured 162 sales, 403 active listings, and a benchmark sales price was $552,000.

The townhome market had 29 sales and 90 active listings. The benchmark sale price was $852,800.

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

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

Vancouver-West

In September, Vancouver West market had 78 sales and 673 active listings for detached homes. The benchmark sale price was $2,912,000.

There were 365 sales and 1,311 active listings for condos. The benchmark sale price was $754,100.

Townhome sales were 51, while the active listings were 243.

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

 Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

West Vancouver

In West Vancouver, there were 47 sales of detached homes and 502 active listings at the end of the month. The benchmark sale price was $2,523,300.

In comparison, the condo market had 12 sales, 116 active listings and a benchmark sale price of $1,048,000.

Townhome sales were 4, active listings were 31.

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

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

 

Bowen Island

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

Burnaby East

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

Burnaby North

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

Burnaby South

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

Coquitlam

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

Ladner

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

Pitt Meadows

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

Port Coquitlam

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

Port Moody

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

Richmond

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

Tsawwassen

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

Maple Ridge

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

New Westminster

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

North Vancouver

Updated monthly, real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales. October 2019

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