There were 326 new listings today and 184 sales, for a sell/list of 56.44%. Of the sales 29, or 15.76%, went over list. 8 of those were on the Westside. 7 were in East Van, 4 in Richmond, 1 in Port Coquitlam, 1 in New West, 3 in North Van, 2 in Maple Ridge, 1 in Burnaby and 2 in Surrey.
Average list price of the sales was $556,758; average sales price was $547,450, a difference of $9,318, meaning the average sale went for 1.49% under list price. 18 properties went for list price. One property went for 21%($64,000) under list while the highest over list was 26% ($126,000) over .
There were 18 million dollar plus properties sold, with two over $2 million. Average days on market to sale was 39.
There were 70 apartments, 3 duplexes, 70 houses and 38 townhouses sold.
There were 108 price changes, of which 6, or 5.56%, were increases. The average original list price of price changes was $558,484; the average new price was $544,372, a difference of $14,112, meaning the average price change was -2.45%. Average days on market to price change was 41 days.
Inventory in my target area rose to 11,557, while over 90s rose to 1,757, or 15.20%.
0.88% of all active listings in my target area had their prices reduced today. The 14 day rolling sell/list was 62.88%.