There were 272 new listings today and 215 sales, for a sell/list of 79.04%. Of the sales 37, or 17.21%, went over list. 10 of those were on the Westside. 8 were in East Van, 3 were in Richmond, 2 in Port Coquitlam, 7 in North Van, 2 in Maple Ridge, 2 in Coquitlam, 4 in Burnaby and 1 in Surrey.
Average list price of the sales was $535,508, while the average sales price was $528,361, a difference of $7,147, meaning the average sale went for 1.26% under list price. 20 properties went for list price. One property went for 8.5%($39,000) under list while the highest over list was 127% ($124,000) over . Average days on market to sale was 31 (will we break 30?)
There were 10 million dollar plus properties sold with 2 over $2 million.
There were 130 price changes, of which 21, or 16.15%, were increases. The average original list price of price changes was $622,687; the average new price was $613,564, a difference of $9,124, meaning the average price change was -1.21%. Average days on market to price change was 55 days. 0.91% of all listings reduced their prices today.
Inventory in my target area dropped to 11,943, while over 90s dropped to 1,8541, or 15.52%.
Again, 0.91% of all active listings in my target area had their prices reduced today. The 14 day rolling sell/list was 74.96%.