There were 288 new listings today and 174 sales, for a sell/list of 60.42%. Of the sales 29, or 16.67%, went over list. 11of those were on the Westside. 8 were in East Van, 1 in Port Coquitlam, 3 in Pitt Meadows, 1 in North Van, 1 in Maple Ridge, 3 in Coquitlam and 1 in the Fraser Valley.
Average list price of the sales was $571,709; average sales price was $563,349, a difference of $8,360, meaning the average sale went for 1.29% under list price. 12 properties went for list price. One property went for 10.8%($83,000) under list while the highest over list was 30% ($361,000) over.
There were 14 million dollar plus properties sold, with one over $2 million. Average days on market to sale was 36.
There were 79 price changes, of which 9, or 11.39%, were increases. The average original list price of price changes was $526,343; the average new price was $514,378, a difference of $11,964, meaning the average price change was -2.46%. Average days on market to price change was 53.
Inventory in my target area rose to 10,990, while over 90s fell to 1,790, a percentage drop to 16.29%.
0.64% of all active listings in my target area had their prices reduced today.