There were 253 new listings today and 253 sales, for a sell/list of 100%. Of the sales 48, or 18.97%, went over list. 18 of those were on the Westside. 16 were in East Van, 1 was in Port Coquitlam, 1 in Pitt Meadows, 8 in North Van, 3 in Maple Ridge and 1 in Coquitlam
Average list price of the sales was $548,613, while the average sales price was $543,551, a difference of $5,062, meaning the average sale went for 1.07% under list price. 24 properties went for list price. One property went for 12%($147,000) under list while the highest over list was 19% ($173,000) over . Average days on market to sale was 32.
There were 17 million dollar plus properties sold with two over $2 million.
There were 124 price changes, of which 20, or 16.13%, were increases. The average original list price of price changes was $661,574; the average new price was $646,357, a difference of $15,217, meaning the average price change was -1.56%. One property had its price reduced 12.5% ($500,000) while another had its price increased $55,000(22%). Average days on market to price change was 48 days. 0.85% of all listings reduced their prices today.
Inventory in my target area continued dropping, reaching 12,265, while over 90s also dropped, reaching 2,132, or 17.38%. The 14 day rolling sell/list continued to climb, reaching 74.61%.