There were 389 new listings today and 280 sales, for a sell/list of 71.98%. Of the sales 48, or 17.14%, went over list. 12 of those were on the Westside. 8 were in East Van, 5 were in Richmond, 4 were in Pitt Meadows, 3 in New Westminster, 2 in Port Coquitlam, 5 in North Van, 2 in Maple Ridge, 2 in Coquitlam, 3 in Burnaby and 2 in Surrey.
Average list price of the sales was $531,503, while the average sales price was $521,816, a difference of $9,687, meaning the average sale went for 1.50% under list price. 19 properties went for list price. One property went for 20%($800,000) under list while the highest over list was 12% ($118,000) over . Average days on market to sale was 39.
There were 17 million dollar plus properties sold with 2 over $2 million.
There were 101 price changes, of which 8, or 7.92%, were increases. The average original list price of price changes was $607,527; the average new price was $589,530, a difference of $17,696, meaning the average price change was -2.46%. Average days on market to price change was 50 days. 0.77% of all listings reduced their prices today.
Inventory in my target area broke 12,000 again, reaching 12,037, while over 90s also rose, reaching 1,890, or 15.70%.
The 14 day rolling sell/list was 76.19%.