There were 348 new listings today and 195 sales, for a sell/list of 56.03%. Of the sales 27, or 13.85%, went over list. 6 of those were on the Westside. 3 were in East Van, 3 were in Richmond, 1 was in Port Coquitlam, 1 in Port Moody, 1 in Pitt Meadows, 3 in North Van, 1 in Coquitlam, 2 in Burnaby and 6 in Surrey.
Average list price of the sales was $497,045, while the average sales price was $490,170, a difference of $6,875, meaning the average sale went for 1.53% under list price. 29 properties went for list price. One property went for 28%($65,000) under list while the highest over list was 13% ($61,000) over . Average days on market to sale was 31.
There were 6 million dollar plus properties sold with two over $2 million.
There were 138 price changes, of which 17, or 12.32%, were increases. The average original list price of price changes was $578,550; the average new price was $555,913, a difference of $22,637, meaning the average price change was -3.93%. One property had its price reduced 38% ($150,000) while another had its price increased $56,000(11%). Average days on market to price change was 50 days. 1.00% of all listings reduced their prices today.
Inventory in my target area reached 12,155, while over 90s reacehd 1,965, or 16.17%. The 14 day rolling sell/list fell to 66.43%.