Greater Vancouver Real Estate Market Statistics – September 2019

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

North Vancouver

North Vancouver had 59 sales and 371 active listings for detached homes at the end of the month. The benchmark sales price was $1,463,200.

The condo market featured 83 sales, 342 active listings, and a benchmark sales price was $546,500.

The townhome market had 21 sales and 115 active listings. The benchmark sale price was $937,100.

It’s a balanced market for condos in North Vancouver.

Greater Vancouver Real Estate Market Statistics – September 2019

New Westminster

In New Westminster, there were 22 sales of detached homes and 114 active listings at the end of the month. The benchmark sale price was $1,025,800.

In comparison, the condo market had 79 sales, 304 active listings and a benchmark sale price of $511,000.

Townhome sales were 08, active listings were 51. The benchmark sale price was $706,200.

It’s a seller’s market for condos in New Westminster.

Greater Vancouver Real Estate Market Statistics – September 2019

Maple Ridge

In September, Maple Ridge market had 85 sales and 496 active listings for detached homes. The benchmark sale price was $808,000.

There were 29 sales and 122 active listings for condos. The benchmark sale price was $348,500.

Townhome sales were 42, while the active listings were 120.

It’s a balanced market for homes and condos in Maple Ridge.

Greater Vancouver Real Estate Market Statistics – September 2019

Bowen Island

Greater Vancouver Real Estate Market Statistics – September 2019

Burnaby East

Greater Vancouver Real Estate Market Statistics – September 2019

Burnaby North

Greater Vancouver Real Estate Market Statistics – September 2019

Burnaby South

Greater Vancouver Real Estate Market Statistics – September 2019

Coquitlam

Greater Vancouver Real Estate Market Statistics – September 2019

Ladner

Greater Vancouver Real Estate Market Statistics – September 2019

Pitt Meadows

Greater Vancouver Real Estate Market Statistics – September 2019

Port Coquitlam

Greater Vancouver Real Estate Market Statistics – September 2019

Port Moody

Greater Vancouver Real Estate Market Statistics – September 2019

Richmond

Greater Vancouver Real Estate Market Statistics – September 2019

Tsawwassen

Greater Vancouver Real Estate Market Statistics – September 2019

Vancouver-East

Greater Vancouver Real Estate Market Statistics – September 2019

West Vancouver

Vancouver-West

Greater Vancouver Real Estate Market Statistics – September 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 bijan@macrealty.com or call 1-604-365-0185.

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

Greater Vancouver Real Estate Market Statistics – August 2019

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

Vancouver-East

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

Vancouver-East had 73 sales and 648 active listings for detached homes at the end of the month. The benchmark sales price was $1,346,500.

The condo market featured 124 sales, 429 active listings, and a benchmark sales price was $552,300.

The townhome market had 24 sales and 80 active listings. The benchmark sale price was $838,100.

It’s a seller’s market for condos and townhomes.

Vancouver-West

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

In Vancouver-West, there were 60 sales of detached homes and 681 active listings at the end of the month. The benchmark sale price was $2,880,800.

In comparison, the condo market had 314 sales, 1,356 active listings and a benchmark sale price of $756,000.

Townhome sales were 36, active listings were 235. The benchmark sale price was $1,115,100.

It’s a buyer’s market for homes and townhomes.

West Vancouver

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

In August, West Vancouver market had 41 sales and 501 active listings for detached homes. The benchmark sale price was $2,520,100.

There were 08 sales and 115 active listings for condos. The benchmark sale price was $1,062,100.

Townhome sales were 0, while the active listings were 43.

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

 

Burnaby East

Burnaby North

Burnaby South

Coquitlam

New Westminster

North Vancouver

Maple Ridge

Richmond

Ladner

Tsawwassen

Pitt Meadows

Port Coquitlam

Port Moody

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

Greater Vancouver Real Estate Market Statistics – July 2019

Here are the latest Greater Vancouver 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 bijan@macrealty.com or call 1-604-365-0185.

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

Greater Vancouver Real Estate Market Statistics – June 2019

Here are the latest Greater Vancouver 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.

Real Estate Market Report June 2019

 

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.

Real Estate Market Report June 2019

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.

Real Estate Market Report June 2019

 

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.

Real Estate Market Report June 2019

 

Coquitlam

Real Estate Market Report June 2019

 

Ladner

Real Estate Market Report June 2019

 

Maple Ridge

Real Estate Market Report June 2019

 

North Vancouver

Real Estate Market Report June 2019

 

Pitt Meadows

Real Estate Market Report June 2019

Port Coquitlam

Real Estate Market Report June 2019

 

Port Moody

Real Estate Market Report June 2019

 

Richmond

Real Estate Market Report June 2019

 

Tsawwassen

Real Estate Market Report June 2019

 

Vancouver-East

Real Estate Market Report June 2019

Vancouver-West

Real Estate Market Report June 2019

West Vancouver

Real Estate Market Report June 2019

Bowen IslandReal Estate Market Report June 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 bijan@macrealty.com or call 1-604-365-0185.

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

7 Amazing Free Family Friendly Canada Day Events

The long weekend is right around the corner and we are all ready to relax a bit. What do you have planned to celebrate Canada Day?

fireworks on Canada Day in Vancouver Harbor

Canada Day in Vancouver Harbor.

Wherever you’re celebrating Canada Day, you’re sure to find parades, picnics, fireworks and parties. BC has tons of activities to toast this important holiday and, we at Macdonald Realty, prepared this list of free family friendly things to do to enjoy the 32nd annual Canada Day!

Vancouver – Canada Place Celebrations

We can’t wait to see the fireworks during the 32nd annual Canada Day at Canada Place on July 1, 2019. As the largest Canada Day celebration in western Canada, this important event offers amazing family activities, food, live entertainment, and much more.

Vancouver 2019 event highlights:

  • Incredible performances all day long, including Blonde Diamond, Bitterly Divine and, Delhi 2 Dublin as the last attraction
  • Citizenship Ceremony welcoming 60 new Canadians
  • Coast Capital Savings Youth Zone will feature talented artists, including DiRTY RADiO
  • Canadian Forces Zone (Hall B) will offer interactive displays exhibits to honor Canada’s Army, Navy, and Air Force
  • Kids’ Zone (Hall A) will have lots of activities, music and a funny mascot
  • Picnic Plaza with picnic tables and family-friendly activities
  • Food trucks, yay!
  • Fireworks show at 10:30 pm
  • And more!!!

Plan your visit: canadaplace.ca

When & Where

July 1, 2019

Location: Canada Place

Admission: FREE!

 

Surrey

Bill Reid Millennium Amphitheatre will host the Surrey’s annual free Canada Day celebration on Monday, July 1st.

The city will offer an amazing family-friendly event and, they’re planning to welcome over 100,000 visitors.

According to the event organizes, the event features three stages of programming, Strawberry Tea for seniors, the Indigenous Zone, amusement rides, food trucks, interactive activities, and more.

Celebrating Canada Day in Surrey

Picture: Surrey

Surrey 2019 event highlights:

  • Live concerts with amazing artists including Bif Naked and Our Lady Peace
  • Kids’ Zone
  • Food Truck vendors
  • Fireworks at 10:30pm
  • And more!!!

Plan your visit: https://bit.ly/2ZwZAnV

When & Where

July 1, 2019

Location: Bill Reid Millennium Amphitheatre, Surrey, BC Canada
176 Street & 64th Avenue

Admission: FREE! Check the website the see the amusement rides fees.

 

Squamish

The party starts at 10:00 am on Monday, July 1st in downtown Squamish. The festivities have the parade down Cleveland Avenue – right in front of Macdonald Realty’s office – followed by the flag raising tradition, First Nations welcome, the singing of O Canada and C-A-K-E!

Squamish 2019 event highlights:

  • At the O’Siyam Pavilion and Junction Park from 11:00 AM to 5:00 PM enjoy a jam-packed day of activities including live music, dance performances, kids’ zone, lots of food trucks and more. And of course, come and see the amazing free outdoor concerts that make Squamish the place to be!
  • From 7:00 to 10:30 PM, Brennan Park will be the place to be to listen to live music and view the Canada Day fireworks.

Plan your visit: https://www.exploresquamish.com/events/canada-day-event

When & Where

July 1, 2019

Location: The parade will take place in downtown Squamish on Cleveland Avenue / Live music will be featured at O’Siyam Pavilion and Brennan Park

Admission: FREE!

 

Whistler

Wherever you are in Canada, you’re sure to find parades, picnics, music festivals…We think we already mentioned this before, but yes…Whistler is not an exception.

Whether you want music, adventure, or just spend a beautiful day in the lake with your family, Whistler is the place to be.

Celebrating Canada Day in Whistler

Picture: Whistler

Whistler 2019 Event highlights:

  • Free Transit All Day Long on July 1, 2019
  • Canada Day Parade along the Village Stroll at noon
  • Musical Trio the Tenors at the Whistler Olympic Plaza.

Plan your visit: https://www.whistler.ca/culture-recreation/events-and-festivals/event-listings

When & Where

July 1, 2019

Location: Whistler Olympic Plaza / Village Stroll

Admission: FREE!

 

Sunshine Coast

If you’re planning to explore the Sunshine Coast this year during Canada Day long weekend, we have good news: “This year’s Canada Day is sure to be a big one!”; that’s what the Sunshine Coast Guide says and, we’re so happy to share.

Sunshine Coast 2019 event highlights:

  • Sechelt will be hosting lot of events. The parade starts at 10:30 am on Cowrie St. with a flyover by the Royal Canadian Airforce
  • At Pender Harbour you’ll find lots of activities throughout all the day long, including live music, International Infusion Dinner at Mad Park Bistro
  • At Powell River/Lund the Canada Day festivities will be held this year at Willingdon Beach. Attendees can look forward to live entertainment, food & craft vendor, Fun Run and, Second Annual Canada Day Fishing Derby.

Plan your visit: https://secheltdowntown.com/canadaday

When & Where

July 1, 2019

Location: Find locations on their website.

Admission: FREE!

 

Fort Langley

Pancakes, cakes and more are waiting for you in Langley to celebrate the 32nd annual Canada Day! Here is what the town is preparing for you and your family:

Langley 2019 Event highlights:

  • Pancake Breakfast
  • Flag Raising
  • Official Welcoming Ceremonies and Singing of O Canada
  • Birthday Cake
  • Edward the Magician in the Kids’ Zone
  • Live performances all day long
  • And more!

Plan your visit: http://celebratecanadaday.ca/schedule-of-events/

When & Where

July 1, 2019

Location: Find locations on the website.

Admission: FREE!

 

Victoria

Let’s celebrate with family and friends! Victoria has prepared such an amazing event for your Canada Day – it is sure to be unforgettable. On Monday, July 1, 2019, the town will have live music and lots of fun activities.

victoria parliament building lights

Victoria Parliament Building.

 

From 10:30 AM – 5:30 PM enjoy the expanded Family Zone. Find your favorite spot (or go to all of them) by visiting the face-painting, a bouncy castle and activations by The Bateman Foundation Gallery of Nature and The Victoria Bug Zoo.

The Coast Capital Living Flag at Legislature Lawns will give away 2,300 free red and white T-shirts.

Victoria 2019 Event highlights:

  • Family Zone all day long
  • Food village
  • Live concerts
  • Fireworks at 10:20 pm
  • And more!!!

Plan your visit: https://www.canadadayvictoria.ca/schedule-map

When & Where

July 1, 2019

Location: Inner Harbour and Legislature Lawns

Admission: FREE!

 

Happy Birthday Canada!

Enjoy your holiday and we’ll see you on July 02nd.

 

Sources:

Tourism Vancouver

Surrey.ca/canadaday

Explore Squamish

Whistler.ca

Sechelt Downtown

Celebrate Canada Day

Tourism Victoria

Greater Vancouver Real Estate Market Statistics – May 2019

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver Real Estate Market in May 2019.

Vancouver-West

In the Vancouver Westside, there were 86 sales of detached homes and 803 active listings at the end of the month. The benchmark sale price was $2,927,600.

In comparison, the condo market had 320 sales, 1,708 active listings and a benchmark sale price of $758,500 .

Townhome sales were 48 , active listings were 297 . The benchmark sale price was $1,116,000 .

It’s a buyer’s market for homes and townhomes in Vancouver West.

Real Estate Market Stats May 2019

Vancouver-East

The Vancouver Eastside had 124 sales and 743 active listings for detached homes at the end of the month. The benchmark sales price was $1,347,000.

The condo market featured 141 sales, 511 active listings, and a benchmark sales price was $569,300 .

The townhome market, on the other hand, had 40 sales and 106 active listings. The benchmark sale price was $873,700.

It’s a seller’s market for condos and townhomes.

Real Estate Market Stats May 2019

North Vancouver

In May, the North Vancouver market had 105 sales and 473 active listings for detached homes. The benchmark sale price was $1,508,300.

There were 106 sales and 430 active listings for condos. The benchmark sale price was $557,100.

Townhome sales were 41, active listings were 139, the benchmark sale price was $953,200.

It’s a seller’s market for townhomes.

Real Estate Market Stats May 2019

West Vancouver

The West Vancouver market had 56 sales and 563 active listings for detached homes. The benchmark sale price was $2,518,000.

Condo sales were 11 and active listings were 126 at the end of the month. The benchmark sales price was $1,022,700.

In comparison the townhome market had only 2 sales and 40 active listings.

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

MarketHotSheet_May_2019_WestVancouver

Coquitlam

Real Estate Market Stats May 2019

Port Coquitlam

Real Estate Market Stats May 2019

Port Moody

Real Estate Market Stats May 2019

Maple Ridge

Real Estate Market Stats May 2019

Burnaby East

Real Estate Market Stats May 2019

Burnaby North

Real Estate Market Stats May 2019

Burnaby South

Real Estate Market Stats May 2019

 

 

New Westminster

Real Estate Market Stats May 2019

Richmond

Real Estate Market Stats May 2019

Ladner

Real Estate Market Stats May 2019

Tsawwassen

Real Estate Market Stats May 2019

Pitt Meadows

Real Estate Market Stats May 2019

Bowen Island

Real Estate Market Stats May 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 bijan@macrealty.com or call 1-604-365-0185.

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

Greater Vancouver Real Estate Market Statistics – April 2019

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

Vancouver-West

In the Vancouver Westside, there were 64 sales of detached homes and 787 active listings at the end of the month. The benchmark sale price was $2,948,400.

In comparison, the condo market had 233 sales, 1,712 active listings and a benchmark sale price of $764,600.

Townhome sales were 32, active listings were 284. The benchmark sale price was $1,167,700.

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

MarketHotSheet_April_2019_VancouverWest

Vancouver-East

The Vancouver Eastside had 66 sales and 726 active listings for detached homes at the end of the month. The benchmark sales price was $1,357,200.

The condo market featured 115 sales, 498 active listings, and a benchmark sales price was $547,900.

The townhome market, on the other hand, had 26 sales and 96 active listings. The benchmark sale price was $816,500.

It’s a seller’s market for townhomes.

MarketHotSheet_April_2019_VancouverEast

North Vancouver

In April, the North Vancouver market had 53 sales and 447 active listings for detached homes. The benchmark sale price was $1,499,400.

There were 64 sales and 429 active listings for condos. The benchmark sale price was $567,500.

Townhome sales were 29, active listings were 140, the benchmark sale price was $957,700.

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

MarketHotSheet_April_2019_NorthVancouver

West Vancouver

The West Vancouver market had 38 sales and 544 active listings for detached homes. The benchmark sale price was $2,574,100.

Condo sales were 8 and active listings were 111 at the end of the month. The benchmark sales price was $1,128,500.

In comparison, townhome market had 0 sales and 37 active listings.

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

MarketHotSheet_April_2019_WestVancouver

Coquitlam

MarketHotSheet_April_2019_Coquitlam

Port Coquitlam

MarketHotSheet_April_2019_PortCoquitlam

Port Moody

MarketHotSheet_April_2019_PortMoody

Maple Ridge

MarketHotSheet_April_2019_MapleRidge

Burnaby East

MarketHotSheet_April_2019_BurnabyEast

Burnaby North

MarketHotSheet_April_2019_BurnabyNorth

Burnaby South

MarketHotSheet_April_2019_BurnabySouth

New Westminster

MarketHotSheet_April_2019_NewWestminster

Richmond

MarketHotSheet_April_2019_Richmond

Ladner

MarketHotSheet_April_2019_Ladner

Tsawwassen

MarketHotSheet_April_2019_Tsawwassen

Pitt Meadows

MarketHotSheet_April_2019_PittMeadows

Bowen Island

MarketHotSheet_April_2019_BowenIsland

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 bijan@macrealty.com or call 1-604-365-0185.

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

Greater Vancouver Real Estate Market Statistics – March 2019

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

Vancouver-West

In the Vancouver Westside, there were 64 sales of detached homes and 744 active listings at the end of the month. The benchmark sale price was $3,026,300.

In comparison, the condo market had 235 sales, 1,518 active listings and a benchmark sale price of $769,200.

Townhome sales were 28, active listings were 232. The benchmark sale price was $1,184,500.

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

MarketHotSheet_March_2019_VancouverWest

Vancouver-East

The Vancouver Eastside had 53 sales and 683 active listings for detached homes at the end of the month. The benchmark sales price was $1,390,700.

The condo market featured 93 sales, 414 active listings, and a benchmark sales price was $547,700.

The townhome market, on the other hand, had 20 sales and 95 active listings. The benchmark sale price was $821,300.

It’s a buyer’s market for homes.

MarketHotSheet_March_2019_VancouverEast

North Vancouver

In March, the North Vancouver market had 70 sales and 393 active listings for detached homes. The benchmark sale price was $1,502,600.

There were 73 sales and 348 active listings for condos. The benchmark sale price was $567,000.

Townhome sales were 21, active listings were 121, the benchmark sale price was $952,700.

It’s a balanced market in North Vancouver.

MarketHotSheet_March_2019_NorthVancouver

West Vancouver

The West Vancouver market had 23 sales and 503 active listings for detached homes. The benchmark sale price was $2,583,600.

Condo sales were 8 and active listings were 115 at the end of the month. The benchmark sales price was $1,116,200.

In comparison, townhome market had 1 sale and 28 active listings.

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

MarketHotSheet_March_2019_WestVancouver

Coquitlam

In the Coquitlam market, there were 48 sales and 481 active listings for detached homes at the end of the month. The benchmark sale price was $1,161,600.

The condo market had 61 sales and 306 active listings. The benchmark sale price was $522,800.

Townhomes featured 29 sales and 121 active listings. The benchmark sales price was $638,500.

MarketHotSheet_March_2019_Coquitlam

Port Coquitlam

Port Coquitlam had 16 sales and 157 active listings for detached homes. The benchmark sale price was $920,700.

Condo featured 24 sales, 112 active listings, a $459,900 benchmark sales price.

In comparison, townhome had 18 sales and 85 active listings. The benchmark sales price was $613,900.

It’s a buyer’s market for homes.

MarketHotSheet_March_2019_PortCoquitlam

Port Moody

There were 7 sales and 110 active listings for detached homes in the Port Moody market. The benchmark sale price was $1,402,500.

The condo market featured 23 sales, 70 active listings, $635,200 benchmark sale price.

In comparison, townhome sales were 8, active listings were 35 and the benchmark sale price was $636,200.

It’s a seller’s market for condos.

MarketHotSheet_March_2019_PortMoody

Maple Ridge

In the Maple Ridge market, there were 53 sales and 410 active listings for detached homes at the end of the month. The benchmark sale price was $813,600.

The condo market had 24 sales and 107 active listings. The benchmark sale price was $352,500.

Townhome featured 37 sales and 122 active listings. The benchmark sales price was $534,200.

It’s a seller’s market for townhomes.

MarketHotSheet_March_2019_MapleRidge

The followings are the summaries of the surrounding areas:

Burnaby East

MarketHotSheet_March_2019_BurnabyEast

Burnaby North

MarketHotSheet_March_2019_BurnabyNorth

Burnaby South

MarketHotSheet_March_2019_BurnabySouth

New Westminster

MarketHotSheet_March_2019_NewWestminster

Richmond

MarketHotSheet_March_2019_Richmond

Ladner

MarketHotSheet_March_2019_Ladner

Tsawwassen

MarketHotSheet_March_2019_Tsawwassen

Pitt Meadows

MarketHotSheet_March_2019_PittMeadows

Bowen Island

MarketHotSheet_March_2019_BowenIsland

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 bijan@macrealty.com or call 1-604-365-0185 for more information.

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.

Macdonald Realty Luxury Homes Magazine | Spring 2019

The new Spring edition of Macdonald Realty’s Luxury Homes Collection has arrived!

Within the pages of this edition are opportunities for every taste, from a stunning condo with a big downtown view in Victoria, to a mountainside home in Britannia Beach, and an executive Vancouver home ripe for large families. Which one will you choose?

Grab your copy of the Luxury Homes magazine, both print and digital versions are available now.

luxury home vancouver

Greater Vancouver Real Estate Market Statistics – February 2019

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

Vancouver-West

In the Vancouver Westside, there were 44 sales of detached homes and 759 active listings at the end of the month. The benchmark sale price was $3,029,200 with average days on market of 36. The hottest markets for sales was Kitsilano with 10 sales.

In comparison, the condo market had 186 sales, 1,355 active listings and a benchmark sale price of $784,300 with an average of 36 days on market. The hottest market for sales was Downtown VW, 37 sales.

Townhome sales were 21, active listings were 205. The benchmark sale price was $1,208,500 with an average days on market of 25. Kitsilano with 9 sales was the hottest market of the month.

It’s a buyer’s market in Vancouver West.
MarketHotSheet_February_2019_VancouverWest

Vancouver-East

The Vancouver Eastside had 54 sales and 632 active listings for detached homes at the end of the month. The benchmark sales price was $1,412,900, and the average days on market were 45. The hottest sales market was Collingwood VE with 10 sales.

The condo market featured 81 sales, 346 active listings, and a benchmark sales price was $545,200. The average days on market were 33 days, and the hottest market for sales was Mount Pleasant VE with 25 sales.

The townhome market, on the other hand, had 18 sales and 85 active listings. The benchmark sale price was $823,800 with 32 average days on market. The hottest market for sales was Grandview VE with 5 sales.

It’s a buyer’s market for homes.

MarketHotSheet_February_2019_VancouverEast

 

North Vancouver

In February, the North Vancouver market had 37 sales and 382 active listings for detached homes. The benchmark sale price was $1,492,400 with an average days on market of 47. Canyon Heights NV and Westlynn had the most sales activity with 4 sales each.

There were 59 sales and 317 active listings for condos. The benchmark sale price was $561,500 with 27 average days on market. Lower Lonsdale had the hottest sales market with 26 sales.

Townhome sales were 24, active listings were 105, the benchmark sale price was $956,500 and the average days on market were 18. Hamilton, Indian River, Lynn Valley and Roche Point had the most sales activity with 3 sales each.

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

MarketHotSheet_February_2019_NorthVancouver

West Vancouver

The West Vancouver market had 25 sales and 497 active listings for detached homes. The benchmark sale price was $2,616,500 with 78 average days on market. British Properties, Caulfield and Lions Bay had the most sales activity with 3 sales each.

Condo sales were 11 and active listings were 103 at the end of the month. The benchmark sales price was $1,103,800 with an average days on market of 50. Ambleside had the most sales at 4.

In comparison, townhome market had 1 sale and 25 active listings.

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

MarketHotSheet_February_2019_WestVancouver

Coquitlam

In the Coquitlam market, there were 39 sales and 448 active listings for detached homes at the end of the month. The benchmark sale price was $1,182,800 and the average days on market were 40. Central Coquitlam with 12 sales experienced the most sales activity.

The condo market had 65 sales and 272 active listings. The benchmark sale price was $523,300 with 43 average days on market. The hottest market for sale was North Coquitlam with 21 sales.

Townhomes featured 28 sales and 95 active listings. The benchmark sales price was $656,200 with an average days on market of 27. Burke Mountain, with 17 sales, had the most sales activity.

MarketHotSheet_February_2019_Coquitlam

Port Coquitlam

Port Coquitlam had 17 sales and 138 active listings for detached homes. The benchmark sale price was $928,200 with an average days on market of 43. Birchland Manor, Lincoln Park PQ, Lower Mary Hill, and Mary Hill had the most sales activity with 3 each.

Condo featured 21 sales, 90 active listings, a $469,400 benchmark sales price, and 28 average days on market. Central Pt Coquitlam had the most sales activity at 14.

In comparison, townhome had 15 sales and 78 active listings. The benchmark sales price was $621,300 with an average days on market of 47. Glenwood PQ was the hottest market with 4 sales.

It’s a buyer’s market for homes.

MarketHotSheet_February_2019_PortCoquitlam

Port Moody

There were 10 sales and 98 active listings for detached homes in the Port Moody market. The benchmark sale price was $1,404,100 and the average days on market were 55. Heritage Mountain had the most sales activity for the month with 4 sales.

The condo market featured 16 sales, 64 active listings, $622,500 benchmark sale price, and 43 average days on market. Port Moody Centre, 10 sales, had most sales activity.

In comparison, townhome sales were 5, active listings were 31 and the benchmark sale price was $637,100. The average days on market were 17. Heritage Mountain and North Shore Pt Moody had the most sales activity with 2 sales each.

It’s a buyer’s market for homes and townhomes.

MarketHotSheet_February_2019_PortMoody

 

Maple Ridge

In the Maple Ridge market, there were 51 sales and 379 active listings for detached homes at the end of the month. The benchmark sale price was $807,000 and the average days on market were 48. East Central experienced the most sales activity with 10 sales.

The condo market had 17 sales and 100 active listings. The benchmark sale price was $353,600 with 46 average days on market. The hottest market for sales was East Central, 11 sales.­­

Townhome featured 30 sales and 110 active listings. The benchmark sales price was $525,200 with an average days on market of 58. Albion, Cottonwood MR and East Central experienced the most sales activity with 8 sales each.

It’s a seller’s market for townhomes.

MarketHotSheet_February_2019_MapleRidge

 

The followings are the summaries of the surrounding areas:

Burnaby East

MarketHotSheet_February_2019_BurnabyEast

Burnaby North

MarketHotSheet_February_2019_BurnabyNorth

Burnaby South

MarketHotSheet_February_2019_BurnabySouth

New Westminster

MarketHotSheet_February_2019_NewWestminster

Richmond

MarketHotSheet_February_2019_Richmond

Ladner

MarketHotSheet_February_2019_Ladner

Tsawwassen

MarketHotSheet_February_2019_Tsawwassen

Pitt Meadows

MarketHotSheet_February_2019_PittMeadows

Bowen Island

MarketHotSheet_February_2019_BowenIsland

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 bijan@macrealty.com or call 1-604-365-0185

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