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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