There were 268 new listings today and 298 sales, for a sell/list of 111.19%. Of the sales 51, or 17.11%, went over list. 12 of those were on the Westside. 7 were in East Van, 7 in Richmond, 3 in Port Coquitlam, 11 in North Van, 1 in Pitt Meadows, 1 in Maple Ridge, 2 in Coquitlam, 5 in Burnaby and 4 in Surrey.
Average list price of the sales was $562,358, while the average sales price was $552,385, a difference of $9,973, meaning the average sale went for 1.50% under list price. 27 properties went for list price. One property went for 16%($289,000) under list while the highest over list was also 16% ($55,000) over . Average days on market to sale was 36.
There were 21 million dollar plus properties sold with 4 over $2 million.
There were 117 price changes, of which 13, or 11.11%, were increases. The average original list price of price changes was $582,463; the average new price was $568,760, a difference of $13,703, meaning the average price change was -2.56%. Average days on market to price change was 49 days.
Inventory in my target area dropped to 12,058, while over 90s rose to 1,969, or 16.33%.
0.86% of all active listings in my target area had their prices reduced today. The 14 day rolling sell/list was 66.18%.