There were 274 new listings today and 184 sales, for a sell/list of 67.15%. Of the sales 43, or 23.37%, went over list. 12 of those were on the Westside. 5 were in East Van, 3 in Richmond, 2 in Pitt Meadows, 4 in New West, 5 in North Van, 4 in Maple Ridge, 1 in Coquitlam, 5 in Burnaby and 2 in Surrey.
Average list price of the sales was $609,387; average sales price was $603,887, a difference of $5,50001, meaning the average sale went for 0.78% under list price. 21 properties went for list price. One property went for 9%($440,000) under list while the highest over list was 25% ($235,000) over.
There were 22 million dollar plus properties sold, with three over $2 million. Average days on market to sale was 33.
15 apartments, 1 duplex, 23 houses and 4 townhouses sold over list.
There were 91 price changes, of which 17, or 18.68%, were increases. The average original list price of price changes was $658,772; the average new price was $657,257, a difference of $1,516, meaning the average price change was -1.5%. Average days on market to price change was 53 days.
Inventory in my target area rose to 11,579, while over 90s also rose to 1,889, a percentage jump to of 16.31%.
0.64% of all active listings in my target area had their prices reduced today. The 14 day rolling sell/list was 59.71%.