Current Market Conditions

Welcome to the DEXTER ASSOCIATES REALTY STATISTICAL UPDATE PAGE. We want to ensure that our REALTORS® and our clients are well informed on current market conditions.

In our Blog below you will find a weekly market update. Within the Blog, there are 2 links updated weekly that separate and break down listing and sales statistics for market areas in and around the City of Vancouver. One link combines all residential types of properties for a select group of market areas and another link breaks down those areas by houses, townhouses and apartments.

If you have any questions at all, do not hesitate to contact one of our Dexter Associates!

 
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   A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.Winston Churchill (Thank you Karen Ashby for sending this quote!)

 

Sales and listings stats are attached as of June 18, 2016. So far there have been 2,547 sales in Greater Vancouver in May. Down slightly from the same time in May. The trend continues with strata being the more active part of the market this month with higher sales to listings ratios in that product type. Total Active Listings continues to decline sitting at 8,380 in Greater Vancouver with most areas showing less new listings coming on market. Overall sales to listings ratio in Greater Vancouver is sitting at 76% consistent with May.

 

Sales and Listings Report Houses Townhouses Condos June 18 2016

 

Sales and Listings Report All Residential June 18 2016

 

 Here is a summary of the activity so far:

 

Greater Vancouver – 2,547 Units Sold so far in June 2016 while total new listings so far are at 3,330. Total Active Listings are at 8,380 compared to 13,272 at this time last year. Sales To Listings Ratio is at 76% compared to 76% in May.

 

Vancouver West – 464 Units Sold so far in June 2016 while total new listings so far are at 613. Total Active Listings are at 1,353 compared to 2,322 at this time last year. Sales To Listings Ratio is at 76% compared to 76% in May.

 

Vancouver East – 238 Units Sold so far in June 2016 while total new listings so far are at 313. Total Active Listings are at 711 compared to 914 at this time last year. Sales To Listings Ratio is at 76% compared to 67% in May.

 

North Vancouver – 179 Units Sold so far in June 2016 while total new listings so far are at 256. Total Active Listings are at 407 compared to 708 at this time last year. Sales To Listings Ratio is at 70% compared to 69% in May.

 

West Vancouver – 64 Units Sold so far in June 2016 while total new listings so far are at 134. Total Active Listings are at 470 compared to 623 at this time last year. Sales To Listings Ratio is at 48% compared to 56% in May.

 

Richmond – 355 Units Sold so far in June 2016 while total new listings so far are at 484. Total Active Listings are at 1,295 compared to 1,929 at this time last year. Sales To Listings Ratio is at 73% compared to 67% in May.

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