Monday Numbers

There were 283 new listings Monday and 245 sales, for a sell/list of 86.57%. Of the sales 35, or 14.29%, went over list. 16 of those were on the Westside. 3 were in East Van, 2 in Richmond, 1 in Port Coquitlam, 1 in Port Moody, 1 in New West, 3 in North Van, 2 in Maple Ridge, 1 in Coquitlam, 2 in Burnaby and 3 in Surrey.

Average list price of the sales was $557,655, while the average sales price was $550,820, a difference of $6,835, meaning the average sale went for 1.44% under list price. 27 properties went for list price. One property went for 20%($145,000) under list while the highest over list was 19% ($252,000) over . Average days on market to sale was 31.

There were 21 million dollar plus properties sold with four over $2 million.

There were 124 price changes, of which 16, or 12.9%, were increases. The average original list price of price changes was $576,585; the average new price was $564,414, a difference of $12,171, meaning the average price change was -1.84%. Average days on market to price change was 48 days. 0.90% of all listings reduced their prices Monday.

Inventory in my target area rose to 12,009, while over 90s also rose, reaching 2,087, or 17.38%.  14 day rolling sell/list was 78.09%.

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