There were 269 new listings today and 205 sales, for a sell/list of 76.21%. Of the sales 25, or 12.20%, went over list. 4 of those were on the Westside. 7 were in East Van, 6 in North Van, 1 in Maple Ridge, 1 in Coquitlam, and 6 in Burnaby.
Average list price of the sales was $519,115, while the average sales price was $511,281, a difference of $7,834, meaning the average sale went for 1.62% under list price. 20 properties went for list price. One property went for 12%($74,000) under list while the highest over list was 15% ($25,000) over . Average days on market to sale was 29.
There were 10 million dollar plus properties sold with two over $2 million.
There were 91 price changes, of which 7, or 7.69%, were increases. The average original list price of price changes was $598,906; the average new price was $581,081, a difference of $17,825, meaning the average price change was -2.18%. Average days on market to price change was 43 days. 0.70% of all listings reduced their prices today.
Inventory in my target area rose to 12,009, while over 90s also climbed, reaching 2,024, or 16.85%.