March 2018 REBGV Metro Vancouver Statistics Report with Charts & Graphs

 

March 2018

Detached Properties	March			February
Activity Snapshot	2018	2017	One-Year Change	2018	2017	One-Year Change
Total Active Listings	5,346	4,854	+ 10.1%	5,203	4,783	+ 8.8%
Sales	734	1,157	– 36.6%	626	746	– 16.1%
Days on Market Average	40	39	+ 2.6%	44	41	+ 7.3%
MLS® HPI Benchmark Price	$1,608,500	$1,498,100	+ 7.4%	$1,602,000	$1,481,200	+ 8.2%
Condos	March			February
Activity Snapshot	2018	2017	One-Year Change	2018	2017	One-Year Change
Total Active Listings	2,224	2,566	– 13.3%	2,144	2,599	– 17.5%
Sales	1,356	1,840	– 26.3%	1,185	1,277	– 7.2%
Days on Market Average	18	22	– 18.2%	20	24	– 16.7%
MLS® HPI Benchmark Price	$693,500	$549,700	+ 26.2%	$682,800	$536,700	+ 27.2%
Townhomes	March			February
Activity Snapshot	2018	2017	One-Year Change	2018	2017	One-Year Change
Total Active Listings	867	875	– 0.9%	883	886	– 0.3%
Sales	395	510	– 22.5%	342	358	– 4.5%
Days on Market Average	22	27	– 18.5%	27	30	– 10.0%
MLS® HPI Benchmark Price	$835,300	$709,800	+ 17.7%	$819,200	$693,300	+ 18.2%

Detached Properties Report – March 2018
Price Range	Sales	Active Listings	Avg Days on Market		Neighbourhood	Sales	Active Listings	Benchmark Price	One-Year Change
$99,999 and Below	2	5	6		Bowen Island	5	29	$978,300	+ 14.8%
$100,000 to $199,999	8	14	117		Burnaby East	4	76	$1,308,500	+ 12.8%
$200,000 to $399,999	7	44	48		Burnaby North	34	192	$1,544,100	+ 1.7%
$400,000 to $899,999	115	349	36		Burnaby South	13	210	$1,673,700	+ 3.8%
$900,000 to $1,499,999	258	1,037	35		Coquitlam	79	392	$1,290,000	+ 12.0%
$1,500,000 to $1,999,999	177	1,162	38		Ladner	12	105	$1,008,100	+ 6.4%
$2,000,000 to $2,999,999	119	1,271	40		Maple Ridge	103	297	$852,300	+ 18.6%
$3,000,000 and $3,999,999	35	615	61		New Westminster	20	77	$1,176,600	+ 12.8%
$4,000,000 to $4,999,999	8	293	86		North Vancouver	67	341	$1,723,200	+ 7.8%
$5,000,000 and Above	5	556	65		Pitt Meadows	12	26	$933,300	+ 20.5%
TOTAL	734	5,346	40		Port Coquitlam	31	102	$1,028,000	+ 15.5%
					Port Moody	7	84	$1,484,800	+ 10.1%
					Richmond	78	742	$1,708,400	+ 9.7%
					Squamish	25	113	$1,006,100	+ 9.7%
					Sunshine Coast	44	263	$606,000	+ 17.1%
					Tsawwassen	22	149	$1,273,900	+ 8.0%
					Vancouver East	84	715	$1,553,100	+ 6.9%
					Vancouver West	54	800	$3,449,000	– 0.4%
					West Vancouver	26	479	$3,115,400	+ 4.5%
					Whistler	7	50	$1,672,000	+ 8.5%
					TOTAL*	734	5,346	$1,608,500	+ 7.4%

 

Condo Report – March 2018
Price Range	Sales	Active Listings	Avg Days on Market		Neighbourhood	Sales	Active Listings	Benchmark Price	One-Year Change
$99,999 and Below	0	3	0		Bowen Island	0	0	$0	—
$100,000 to $199,999	9	24	24		Burnaby East	12	16	$727,800	+ 30.9%
$200,000 to $399,999	96	146	15		Burnaby North	69	89	$641,600	+ 26.0%
$400,000 to $899,999	1029	1,282	16		Burnaby South	71	121	$727,300	+ 26.0%
$900,000 to $1,499,999	169	440	23		Coquitlam	91	107	$536,300	+ 33.0%
$1,500,000 to $1,999,999	32	140	26		Ladner	5	11	$459,300	+ 19.0%
$2,000,000 to $2,999,999	12	89	41		Maple Ridge	39	54	$316,100	+ 45.9%
$3,000,000 and $3,999,999	5	46	53		New Westminster	112	94	$543,300	+ 34.8%
$4,000,000 to $4,999,999	1	14	10		North Vancouver	117	127	$601,400	+ 24.3%
$5,000,000 and Above	3	40	22		Pitt Meadows	14	10	$469,300	+ 45.7%
TOTAL	1,356	2,224	18		Port Coquitlam	41	36	$478,600	+ 35.7%
					Port Moody	33	26	$675,000	+ 32.4%
					Richmond	162	392	$659,700	+ 26.9%
					Squamish	8	32	$491,000	+ 29.9%
					Sunshine Coast	10	10	$0	—
					Tsawwassen	15	33	$490,600	+ 19.0%
					Vancouver East	156	197	$577,600	+ 24.3%
					Vancouver West	352	719	$844,700	+ 20.6%
					West Vancouver	14	62	$1,278,600	+ 18.5%
					Whistler	32	71	$535,300	+ 30.1%
					TOTAL*	1,356	2,224	$693,500	+ 26.2%

Townhomes Report – March 2018
Price Range	Sales	Active Listings	Days on Market		Neighbourhood	Sales	Active Listings	Benchmark Price	One-Year Change
$99,999 and Below	0	0	0		Bowen Island	0	0	$0	—
$100,000 to $199,999	0	1	0		Burnaby East	8	13	$690,100	+ 18.3%
$200,000 to $399,999	5	9	50		Burnaby North	25	23	$753,900	+ 17.1%
$400,000 to $899,999	236	390	22		Burnaby South	15	31	$827,100	+ 21.8%
$900,000 to $1,499,999	128	326	22		Coquitlam	31	32	$689,300	+ 18.2%
$1,500,000 to $1,999,999	16	85	20		Ladner	7	12	$779,700	+ 16.8%
$2,000,000 to $2,999,999	7	39	10		Maple Ridge	37	76	$575,100	+ 29.2%
$3,000,000 and $3,999,999	3	8	81		New Westminster	13	19	$708,600	+ 16.5%
$4,000,000 to $4,999,999	0	2	0		North Vancouver	29	54	$1,005,400	+ 10.7%
$5,000,000 and Above	0	7	0		Pitt Meadows	8	3	$626,500	+ 27.8%
TOTAL	395	867	22		Port Coquitlam	27	26	$673,600	+ 20.8%
					Port Moody	16	20	$659,800	+ 26.3%
					Richmond	65	224	$830,700	+ 13.4%
					Squamish	14	18	$851,300	+ 14.9%
					Sunshine Coast	7	28	$0	—
					Tsawwassen	2	8	$755,000	+ 12.4%
					Vancouver East	31	65	$908,200	+ 22.2%
					Vancouver West	31	142	$1,271,000	+ 11.3%
					West Vancouver	2	25	$0	—
					Whistler	24	39	$1,010,400	+ 18.9%
					TOTAL*	395	867	$835,300	+ 17.7%

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