There were 322 new listings today and 197 sales, for a sell/list of 61.18%. Of the sales 32, or 16.24%, went over list. 9 of those were on the Westside. 8 was in East Van, 1 in Richmond, 1 in Port Coquitlam, 2 in New West, 5 in North Van, 3 in Burnaby and 3 in Surrey.
Average list price of the sales was $589,712 average sales price was $582,251, a difference of $7,461, meaning the average sale went for 1.27% under list price. 19 properties went for list price. One property went for 15%($120,000) under list while the highest over list was also 23% ($269,000) over . One property went for $4.00 over asking.
There were 18 million dollar plus properties sold with 5 over $2 million. Average days on market to sale was 33.
There were 72 apartments, 7 duplexes, 77 houses and 39 townhouses sold.
There were 69 price changes, of which 4, or 5.8%, were increases. The average original list price of price changes was $634,462; the average new price was $613,966, a difference of $20,495, meaning the average price change was -2.73%. Average days on market to price change was 36 days.
Inventory in my target area rose to 11,994, while over 90s rose to 1,864, or 15.54%. VHB is offically scary.
0.54% of all active listings in my target area had their prices reduced today. The 14 day rolling sell/list was 60.89%.