June Market Report

Downtown Quick Facts:

- Official Market Type Downtown: Sellers market at 24% Sales Ratio average (2.4 in 10 homes selling)
- Homes are selling on average 1% below list price
- Most Active Price Band* +/- $1 mil: $300,000 to $400,000 (41% Sales Ratio); $1 mil to $1.25 mil (18% Sales Ratio)
- Buyers Best Bet* under $1 mil: Homes from $1 mil to $1.25 mil (Buyers market), Coal Harbour and minimum 4 bedrooms
- Sellers Best Bet*: Selling homes in Yaletown and up to 1 bedroom properties

STYLE OF HOME                Inventory               Sales              Sales Ratio*
0 to 1 Bedroom                        401                     125                      31.17%
2 Bedrooms                             480                        92                      19.17%
3 Bedrooms                                74                        13                      17.57%
4 Bedrooms & Greater                8                          1                       12.50%
TOTAL                                         963                     231                       23.99%

SnapStats                                 May                            June                Variance
Inventory                                   1027                            963                  -6.23%
Solds                                           237                            231                  -2.53%
Sale Price (Median)           $467,000                   $496,000               6.21%
Sale to List Price Ratio           98.4%                       99.2%                 0.81%
Days on Market                          34                              32                      -5.88%

If you would like to receive full report, for additional Vancouver neighborhoods , please visit http://www.vancouver-properties.ca/snapstats.html

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Sanjin Cvetkovic

Sanjin Cvetkovic

REALTORĀ®
CENTURY 21 In Town Realty
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