There were 330 new listings today and 219 sales, for a sell/list of 66.36%. I thought the listing number would be higher after a 4 day long weekend. Of the sales 41, or 18.72%, went over list. 14 of those were on the Westside. 3 were in East Van, 1 was in Port Coquitlam and 2 in Pitt Meadows. There were 7 in North Van, 1 in New West, 2 in Maple Ridge, 2 in Coquitlam, 5 in Burnaby, and 4 in the Fraser Valley.
Average list price of the sales was $572,383; average sales price was $568,080, a difference of $4,304, meaning the average sale went for 1.20% under list price. 24 properties went for list price. One property went for 10%($48,000) under list while the highest over list was 20% ($86,500) over.
There were 15 million dollar plus properties sold, with 4 over $2 million. Average days on market to sale was 36.
There were81 price changes, of which 10, or 12.35%, were increases. The average original list price of price changes was $622,075; the average new price was $607,394, a difference of $14,682, meaning the average price change was -1.81%.
Inventory in my target area rose today to 10,538, while over 90s also rose, to 1,876, a percentage rise to 17.8%.
There were 67 expiries today.
.67% of all active listings in my target area had their prices reduced today. The 14 day rolling sell/list was 66.05%