March 2018 REBGV Metro Vancouver Statistics Report with Charts & Graphs

 

March 2018

Detached PropertiesMarchFebruary
Activity Snapshot20182017One-Year Change20182017One-Year Change
Total Active Listings5,3464,854+ 10.1%5,2034,783+ 8.8%
Sales7341,157– 36.6%626746– 16.1%
Days on Market Average4039+ 2.6%4441+ 7.3%
MLS® HPI Benchmark Price$1,608,500$1,498,100+ 7.4%$1,602,000$1,481,200+ 8.2%
CondosMarchFebruary
Activity Snapshot20182017One-Year Change20182017One-Year Change
Total Active Listings2,2242,566– 13.3%2,1442,599– 17.5%
Sales1,3561,840– 26.3%1,1851,277– 7.2%
Days on Market Average1822– 18.2%2024– 16.7%
MLS® HPI Benchmark Price$693,500$549,700+ 26.2%$682,800$536,700+ 27.2%
TownhomesMarchFebruary
Activity Snapshot20182017One-Year Change20182017One-Year Change
Total Active Listings867875– 0.9%883886– 0.3%
Sales395510– 22.5%342358– 4.5%
Days on Market Average2227– 18.5%2730– 10.0%
MLS® HPI Benchmark Price$835,300$709,800+ 17.7%$819,200$693,300+ 18.2%

Detached Properties Report – March 2018

Price RangeSalesActive ListingsAvg Days on MarketNeighbourhoodSalesActive ListingsBenchmark PriceOne-Year Change
$99,999 and Below256Bowen Island529$978,300+ 14.8%
$100,000 to $199,999814117Burnaby East476$1,308,500+ 12.8%
$200,000 to $399,99974448Burnaby North34192$1,544,100+ 1.7%
$400,000 to $899,99911534936Burnaby South13210$1,673,700+ 3.8%
$900,000 to $1,499,9992581,03735Coquitlam79392$1,290,000+ 12.0%
$1,500,000 to $1,999,9991771,16238Ladner12105$1,008,100+ 6.4%
$2,000,000 to $2,999,9991191,27140Maple Ridge103297$852,300+ 18.6%
$3,000,000 and $3,999,9993561561New Westminster2077$1,176,600+ 12.8%
$4,000,000 to $4,999,999829386North Vancouver67341$1,723,200+ 7.8%
$5,000,000 and Above555665Pitt Meadows1226$933,300+ 20.5%
TOTAL7345,34640Port Coquitlam31102$1,028,000+ 15.5%
Port Moody784$1,484,800+ 10.1%
Richmond78742$1,708,400+ 9.7%
Squamish25113$1,006,100+ 9.7%
Sunshine Coast44263$606,000+ 17.1%
Tsawwassen22149$1,273,900+ 8.0%
Vancouver East84715$1,553,100+ 6.9%
Vancouver West54800$3,449,000– 0.4%
West Vancouver26479$3,115,400+ 4.5%
Whistler750$1,672,000+ 8.5%
TOTAL*7345,346$1,608,500+ 7.4%

 

Condo Report – March 2018

Price RangeSalesActive ListingsAvg Days on MarketNeighbourhoodSalesActive ListingsBenchmark PriceOne-Year Change
$99,999 and Below030Bowen Island00$0
$100,000 to $199,99992424Burnaby East1216$727,800+ 30.9%
$200,000 to $399,9999614615Burnaby North6989$641,600+ 26.0%
$400,000 to $899,99910291,28216Burnaby South71121$727,300+ 26.0%
$900,000 to $1,499,99916944023Coquitlam91107$536,300+ 33.0%
$1,500,000 to $1,999,9993214026Ladner511$459,300+ 19.0%
$2,000,000 to $2,999,999128941Maple Ridge3954$316,100+ 45.9%
$3,000,000 and $3,999,99954653New Westminster11294$543,300+ 34.8%
$4,000,000 to $4,999,99911410North Vancouver117127$601,400+ 24.3%
$5,000,000 and Above34022Pitt Meadows1410$469,300+ 45.7%
TOTAL1,3562,22418Port Coquitlam4136$478,600+ 35.7%
Port Moody3326$675,000+ 32.4%
Richmond162392$659,700+ 26.9%
Squamish832$491,000+ 29.9%
Sunshine Coast1010$0
Tsawwassen1533$490,600+ 19.0%
Vancouver East156197$577,600+ 24.3%
Vancouver West352719$844,700+ 20.6%
West Vancouver1462$1,278,600+ 18.5%
Whistler3271$535,300+ 30.1%
TOTAL*1,3562,224$693,500+ 26.2%

Townhomes Report – March 2018

Price RangeSalesActive ListingsDays on MarketNeighbourhoodSalesActive ListingsBenchmark PriceOne-Year Change
$99,999 and Below000Bowen Island00$0
$100,000 to $199,999010Burnaby East813$690,100+ 18.3%
$200,000 to $399,9995950Burnaby North2523$753,900+ 17.1%
$400,000 to $899,99923639022Burnaby South1531$827,100+ 21.8%
$900,000 to $1,499,99912832622Coquitlam3132$689,300+ 18.2%
$1,500,000 to $1,999,999168520Ladner712$779,700+ 16.8%
$2,000,000 to $2,999,99973910Maple Ridge3776$575,100+ 29.2%
$3,000,000 and $3,999,9993881New Westminster1319$708,600+ 16.5%
$4,000,000 to $4,999,999020North Vancouver2954$1,005,400+ 10.7%
$5,000,000 and Above070Pitt Meadows83$626,500+ 27.8%
TOTAL39586722Port Coquitlam2726$673,600+ 20.8%
Port Moody1620$659,800+ 26.3%
Richmond65224$830,700+ 13.4%
Squamish1418$851,300+ 14.9%
Sunshine Coast728$0
Tsawwassen28$755,000+ 12.4%
Vancouver East3165$908,200+ 22.2%
Vancouver West31142$1,271,000+ 11.3%
West Vancouver225$0
Whistler2439$1,010,400+ 18.9%
TOTAL*395867$835,300+ 17.7%

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