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Residential REAL ESTATE MARKET STATISICAL ANALYSIS
October 2018
Edition
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More supply and less demand seen across Metro Vancouver housing market
VANCOUVER, BC – October 2, 2018 – The supply of homes for sale continued to increase
across the Metro Vancouver* housing market in September while home buyer demand remained
below typical levels for this time of year.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
the region totalled 1,595 in September 2018, a 43.5 per cent decrease from the 2,821 sales
recorded in September 2017, and a 17.3 per cent decrease compared to August 2018 when 1,929
homes sold.
Last month’s sales were 36.1 per cent below the 10-year September sales average.
“Fewer home sales are allowing listings to accumulate and prices to ease across the Metro
Vancouver housing market,” Ashley Smith, REBGV president-elect said. “There’s more
selection for home buyers to choose from today. Since spring, home listing totals have risen to
levels we haven’t seen in our market in four years.”
There were 5,279 detached, attached and apartment properties newly listed for sale on the
Multiple Listing Service® (MLS®) in Metro Vancouver in September 2018. This represents a
1.8 per cent decrease compared to the 5,375 homes listed in September 2017 and a 36 per cent
increase compared to August 2018 when 3,881 homes were listed.
The total number of properties currently listed for sale on the MLS® system in Metro Vancouver
is 13,084, a 38.2 per cent increase compared to September 2017 (9,466) and a 10.7 per cent
increase compared to August 2018 (11,824).
For all property types, the sales-to-active listings ratio for September 2018 is 12.2 per cent. By
property type, the ratio is 7.8 per cent for detached homes, 14 per cent for townhomes, and 17.6
per cent for condominiums.
Generally, analysts say that downward pressure on home prices occurs when the ratio dips below
the 12 per cent mark for a sustained period, while home prices often experience upward pressure
when it surpasses 20 per cent over several months.
“Metro Vancouver’s housing market has changed pace compared to the last few years. Our
townhome and apartment markets are sitting in balanced market territory and our detached home
market remains in a clear buyers’ market,” Smith said. “It’s important for both home buyers and
sellers to work with their Realtor to understand what these trends means to them.”
The MLS® Home Price Index composite benchmark price for all residential properties in Metro
Vancouver is currently $1,070,600. This represents a 2.2 per cent increase over September 2017
and a 3.1 per cent decrease over the last three months.
Sales of detached properties in September 2018 reached 508, a 40.4 per cent decrease from the
852 detached sales recorded in September 2017. The benchmark price for detached properties is
$1,540,900. This represents a 4.5 per cent decrease from September 2017 and a 3.4 per cent
decrease over the last three months.
Sales of apartment properties reached 812 in September 2018, a 44 per cent decrease compared
to the 1,451 sales in September 2017. The benchmark price of an apartment property is
$687,300. This represents a 7.4 per cent increase from September 2017 and a 3.1 per cent
decrease over the last three months.
Attached property sales in September 2018 totalled 275, a 46.9 per cent decrease compared to
the 518 sales in September 2017. The benchmark price of an attached unit is $837,600. This
represents a 6.4 per cent increase from September 2017 and a two per cent decrease over the last
three months.
2018 2017 One-Year Change 2018 2017 One-Year
Change
Total Active Listings 919 818 + 12.3% 919 820 + 12.1%
Sales 63 90 - 30.0% 55 91 - 39.6%
Days on Market Average 55 38 + 44.7% 60 38 + 57.9%
MLS® HPI Benchmark Price $1,662,600 $1,757,100 - 5.4% $1,669,900 $1,735,900 - 3.8%
2018 2017 One-Year Change 2018 2017 One-Year
Change
Total Active Listings 630 411 + 53.3% 585 381 + 53.5%
Sales 96 200 - 52.0% 154 242 - 36.4%
Days on Market Average 38 25 + 52.0% 33 17 + 94.1%
MLS® HPI Benchmark Price $690,600 $612,000 + 12.8% $685,500 $607,900 + 12.8%
2018 2017 One-Year Change 2018 2017 One-Year
Change
Total Active Listings 329 298 + 10.4% 324 293 + 10.6%
Sales 36 85 - 57.6% 56 120 - 53.3%
Days on Market Average 41 23 + 78.3% 29 22 + 31.8%
MLS® HPI Benchmark Price $862,400 $801,500 + 7.6% $865,400 $800,600 + 8.1%
Activity Snapshot
REALTOR® ReportA Research Tool Provided by the Real Estate Board of Greater Vancouver
September 2018
September AugustDetached Properties
Richmond
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Townhomes September AugustActivity Snapshot
Condos September AugustActivity Snapshot
Seller's Market
Buyer's MarketBalanced Market
0%
20%
40%
60%
80%
100%
120%
Sales-to-Active Ratio Townhome Condo Detached[10.9%] [15.2%] [6.9%]
REALTOR® Report
Price Range SalesActive
ListingsAvg Dayson Market
Neighbourhood SalesActive
ListingsBenchmark
PriceOne-YearChange
$99,999 and Below 0 1 0 Boyd Park 0 36 $1,547,300 - 4.7%
$100,000 to $199,999 1 4 4 Bridgeport RI 3 23 $1,371,100 + 0.5%
$200,000 to $399,999 0 2 0 Brighouse 0 28 $0 --
$400,000 to $899,999 3 15 23 Brighouse South 0 1 $0 --
$900,000 to $1,499,999 26 150 38 Broadmoor 4 61 $2,050,500 - 5.3%
$1,500,000 to $1,999,999 15 291 54 East Cambie 1 23 $1,380,600 - 3.1%
$2,000,000 to $2,999,999 16 278 82 East Richmond 2 20 $1,991,200 + 0.2%
$3,000,000 and $3,999,999 0 111 0 Garden City 4 35 $1,402,400 - 4.4%
$4,000,000 to $4,999,999 1 43 216 Gilmore 0 5 $1,772,700 - 2.0%
$5,000,000 and Above 1 24 62 Granville 5 78 $1,858,200 - 8.6%
TOTAL 63 919 55 Hamilton RI 3 21 $1,125,000 - 3.5%
Ironwood 1 38 $1,384,300 - 4.5%
Lackner 4 44 $1,691,800 - 5.4%
McLennan 0 16 $1,814,400 - 1.7%
McLennan North 2 15 $1,792,500 + 0.1%
McNair 0 33 $1,502,800 - 4.7%
Quilchena RI 3 36 $1,686,400 - 8.5%
Riverdale RI 3 42 $1,724,100 - 7.9%
Saunders 2 43 $1,499,000 - 6.4%
Sea Island 2 4 $880,800 - 3.1%
Seafair 6 64 $1,594,300 - 4.9%
South Arm 3 26 $1,300,800 - 6.2%
Steveston North 8 54 $1,400,700 - 4.4%
Steveston South 0 24 $1,649,900 - 4.0%
Steveston Village 2 11 $1,505,800 - 4.2%
Terra Nova 0 27 $1,975,300 - 10.7%
West Cambie 2 29 $1,373,900 - 3.7%
Westwind 0 15 $1,712,000 - 3.0%
Woodwards 3 67 $1,550,800 - 3.6%
TOTAL* 63 919 $1,662,600 - 5.4%
* This represents the total of the Richmond area, not the sum of the areas above.
Detached Homes - Richmond
#VALUE!
#VALUE!
A Research Tool Provided by the Real Estate Board of Greater Vancouver
Detached Properties Report – September 2018
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Richmond
93 75 69 66 53 78 65 87 81 77 55 63
793 790
589 621
737 764 808892 924 932 919 919
$1,750,400$1,731,800
$1,753,500 $1,750,900 $1,758,700 $1,770,000$1,745,200
$1,724,600$1,707,600 $1,701,400
$1,669,900 $1,662,600
10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018
Sales Active Listings MLS® HPI Benchmark Price
REALTOR® Report
Price Range SalesActive
ListingsAvg Dayson Market
Neighbourhood SalesActive
ListingsBenchmark
PriceOne-YearChange
$99,999 and Below 0 1 0 Boyd Park 1 6 $479,200 + 29.3%
$100,000 to $199,999 1 1 3 Bridgeport RI 1 17 $776,700 + 12.6%
$200,000 to $399,999 14 30 40 Brighouse 41 272 $667,700 + 9.6%
$400,000 to $899,999 75 512 35 Brighouse South 14 80 $596,200 + 11.6%
$900,000 to $1,499,999 5 73 71 Broadmoor 0 2 $515,600 + 18.0%
$1,500,000 to $1,999,999 0 6 0 East Cambie 0 3 $521,000 + 19.3%
$2,000,000 to $2,999,999 1 4 130 East Richmond 0 4 $813,600 + 12.5%
$3,000,000 and $3,999,999 0 1 0 Garden City 1 2 $459,600 + 14.7%
$4,000,000 to $4,999,999 0 2 0 Gilmore 0 0 $0 --
$5,000,000 and Above 0 0 0 Granville 0 2 $267,600 + 19.4%
TOTAL 96 630 38 Hamilton RI 0 0 $727,600 + 12.1%
Ironwood 2 23 $682,800 + 18.9%
Lackner 0 0 $0 --
McLennan 0 0 $0 --
McLennan North 8 33 $791,200 + 14.5%
McNair 0 0 $0 --
Quilchena RI 2 1 $0 --
Riverdale RI 2 18 $607,200 + 22.8%
Saunders 0 1 $0 --
Sea Island 0 0 $0 --
Seafair 0 0 $474,800 + 29.4%
South Arm 0 2 $323,800 + 16.7%
Steveston North 0 1 $470,900 + 25.7%
Steveston South 9 29 $559,100 + 8.2%
Steveston Village 0 11 $0 --
Terra Nova 0 2 $0 --
West Cambie 15 121 $722,200 + 14.8%
Westwind 0 0 $0 --
Woodwards 0 0 $0 --
TOTAL* 96 630 $690,600 + 12.8%
* This represents the total of the Richmond area, not the sum of the areas above.
Condos - Richmond
#VALUE!
#VALUE!
A Research Tool Provided by the Real Estate Board of Greater Vancouver
Condo Report – September 2018
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Richmond
202 190143 145 142 161 167
188162 150 154
96
389 401327
317363
411467
538594
628585 630
$624,000 $627,800
$652,500$665,200
$673,300 $675,500
$700,600$686,500
$699,700 $700,100$685,500 $690,600
10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018
Sales Active Listings MLS® HPI Benchmark Price
REALTOR® Report
Price Range SalesActive
ListingsDays onMarket
Neighbourhood SalesActive
ListingsBenchmark
PriceOne-YearChange
$99,999 and Below 0 0 0 Boyd Park 1 4 $489,800 + 11.0%
$100,000 to $199,999 0 0 0 Bridgeport RI 0 13 $682,400 + 14.3%
$200,000 to $399,999 0 0 0 Brighouse 2 21 $807,200 + 9.4%
$400,000 to $899,999 20 147 38 Brighouse South 2 40 $816,900 + 5.7%
$900,000 to $1,499,999 16 170 44 Broadmoor 1 5 $1,042,900 + 8.4%
$1,500,000 to $1,999,999 0 12 0 East Cambie 1 10 $856,800 + 7.3%
$2,000,000 to $2,999,999 0 0 0 East Richmond 0 2 $0 --
$3,000,000 and $3,999,999 0 0 0 Garden City 0 6 $991,000 + 9.6%
$4,000,000 to $4,999,999 0 0 0 Gilmore 0 0 $0 --
$5,000,000 and Above 0 0 0 Granville 2 17 $777,400 + 9.3%
TOTAL 36 329 41 Hamilton RI 1 13 $719,300 + 7.5%
Ironwood 0 6 $694,000 + 9.4%
Lackner 1 4 $964,700 + 9.1%
McLennan 0 0 $0 --
McLennan North 10 59 $964,600 + 4.3%
McNair 1 1 $600,000 + 9.8%
Quilchena RI 1 3 $672,000 + 6.5%
Riverdale RI 1 4 $860,800 + 6.5%
Saunders 2 14 $710,600 + 11.2%
Sea Island 0 0 $0 --
Seafair 0 3 $1,002,500 + 7.6%
South Arm 0 5 $719,300 + 8.7%
Steveston North 0 8 $678,600 + 6.3%
Steveston South 1 11 $951,500 + 6.3%
Steveston Village 2 4 $866,900 + 5.8%
Terra Nova 1 18 $979,100 + 7.3%
West Cambie 3 35 $878,000 + 9.2%
Westwind 1 2 $841,400 + 9.0%
Woodwards 2 21 $876,200 + 10.7%
TOTAL* 36 329 $862,400 + 7.6%
* This represents the total of the Richmond area, not the sum of the areas above.
Townhomes - Richmond
#VALUE!
#VALUE!
A Research Tool Provided by the Real Estate Board of Greater Vancouver
Townhomes Report – September 2018
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Richmond
11385 76 56 62 65 76
7565 56 56 36
265
290
212 210227 241
246298 310 322 324 329
$800,000 $805,500 $807,900$822,500 $819,500
$830,700$839,000
$846,300$854,800
$869,400 $865,400 $862,400
10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018
Sales Active Listings MLS® HPI Benchmark Price
Richmond
REALTOR® ReportA Research Tool Provided by the Real Estate Board of Greater Vancouver
September 2018
Note: $0 means that there is no sales activity, not $0 as an MLS® HPI Benchmark Price.
Note: $0 means that there is no sales activity, not $0 as an Average Price Per Square Foot.
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
$593
$735$747
$693
$749
$703$704
$722
$717$727
$810
$654
$459$480
$516
$483$549
$572
$631$650
$680$700
$676 $675
$429 $485
$524
$546
$544
$566 $572
$599$609
$601
$610
$590
$400
$500
$600
$700
$800
$900
10-2015 01-2016 04-2016 07-2016 10-2016 01-2017 04-2017 07-2017 10-2017 01-2018 04-2018 07-2018
Average Price Per Square Foot Detached Condos Townhomes
$662,800
$734,000$764,500 $769,600
$886,300
$1,047,900$1,013,300
$972,000$1,035,500
$1,260,000
$1,729,800 $1,757,100
$1,662,600
$311,400$340,600 $347,300 $348,300 $366,000 $361,900 $352,800 $361,900 $370,800
$401,500
$484,300
$612,000
$690,600
$388,900 $415,700 $437,300 $430,000$475,000
$512,100 $494,200 $491,700 $511,800$563,000
$713,900
$801,500$862,400
$250,000
$500,000
$750,000
$1,000,000
$1,250,000
$1,500,000
$1,750,000
$2,000,000
01-2006 01-2007 01-2008 01-2009 01-2010 01-2011 01-2012 01-2013 01-2014 01-2015 01-2016 01-2017 01-2018
MLS® HPI Benchmark PriceDetached Condos Townhomes
2018 2017 One-Year Change 2018 2017 One-Year
Change
Total Active Listings 121 93 + 30.1% 123 88 + 39.8%
Sales 13 12 + 8.3% 14 31 - 54.8%
Days on Market Average 65 60 + 8.3% 55 49 + 12.2%
MLS® HPI Benchmark Price $1,006,400 $1,015,100 - 0.9% $1,010,200 $1,000,200 + 1.0%
2018 2017 One-Year Change 2018 2017 One-Year
Change
Total Active Listings 17 7 + 142.9% 11 6 + 83.3%
Sales 4 7 - 42.9% 3 5 - 40.0%
Days on Market Average 9 17 - 47.1% 23 14 + 64.3%
MLS® HPI Benchmark Price $470,300 $422,800 + 11.2% $470,700 $419,500 + 12.2%
2018 2017 One-Year Change 2018 2017 One-Year
Change
Total Active Listings 37 22 + 68.2% 32 11 + 190.9%
Sales 13 3 + 333.3% 6 1 + 500.0%
Days on Market Average 11 21 - 47.6% 47 32 + 46.9%
MLS® HPI Benchmark Price $786,300 $742,500 + 5.9% $818,200 $733,900 + 11.5%
Activity Snapshot
REALTOR® ReportA Research Tool Provided by the Real Estate Board of Greater Vancouver
September 2018
September AugustDetached Properties
Ladner
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Townhomes September AugustActivity Snapshot
Condos September AugustActivity Snapshot
Seller's Market
Buyer's MarketBalanced Market
0%
25%
50%
75%
100%
125%
150%
175%
Sales-to-Active Ratio Townhome Condo Detached[35.1%] [23.5%] [10.7%]
REALTOR® Report
Price Range SalesActive
ListingsAvg Dayson Market
Neighbourhood SalesActive
ListingsBenchmark
PriceOne-YearChange
$99,999 and Below 0 0 0 Delta Manor 1 10 $955,500 - 0.4%
$100,000 to $199,999 1 0 68 East Delta 0 4 $0 --
$200,000 to $399,999 0 1 0 Hawthorne 2 25 $1,008,600 - 0.6%
$400,000 to $899,999 4 17 52 Holly 4 15 $1,044,100 - 0.5%
$900,000 to $1,499,999 8 71 71 Ladner Elementary 3 27 $938,300 + 0.5%
$1,500,000 to $1,999,999 0 16 0 Ladner Rural 0 11 $1,650,500 - 1.3%
$2,000,000 to $2,999,999 0 7 0 Neilsen Grove 1 19 $1,075,500 - 4.3%
$3,000,000 and $3,999,999 0 3 0 Port Guichon 1 8 $915,700 - 0.4%
$4,000,000 to $4,999,999 0 0 0 Westham Island 1 2 $0 --
$5,000,000 and Above 0 6 0 TOTAL* 13 121 $1,006,400 - 0.9%
TOTAL 13 121 65
* This represents the total of the Ladner area, not the sum of the areas above.
Detached Homes - Ladner
#VALUE!
#VALUE!
A Research Tool Provided by the Real Estate Board of Greater Vancouver
Detached Properties Report – September 2018
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Ladner
19 18 15 5 10 12 21 2015 20 14 13
10399
7491
99107 111
129140 134
123121
$1,027,600$1,035,500
$1,029,200
$1,017,200
$1,003,900$1,008,100 $1,004,800 $1,002,300
$998,100
$1,016,800$1,010,200 $1,006,400
10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018
Sales Active Listings MLS® HPI Benchmark Price
REALTOR® Report
Price Range SalesActive
ListingsAvg Dayson Market
Neighbourhood SalesActive
ListingsBenchmark
PriceOne-YearChange
$99,999 and Below 0 0 0 Delta Manor 2 4 $450,800 + 11.6%
$100,000 to $199,999 0 0 0 East Delta 0 1 $0 --
$200,000 to $399,999 1 3 5 Hawthorne 1 7 $461,300 + 13.0%
$400,000 to $899,999 3 14 10 Holly 0 0 $0 --
$900,000 to $1,499,999 0 0 0 Ladner Elementary 1 4 $419,100 + 5.9%
$1,500,000 to $1,999,999 0 0 0 Ladner Rural 0 0 $0 --
$2,000,000 to $2,999,999 0 0 0 Neilsen Grove 0 1 $578,600 + 8.8%
$3,000,000 and $3,999,999 0 0 0 Port Guichon 0 0 $0 --
$4,000,000 to $4,999,999 0 0 0 Westham Island 0 0 $0 --
$5,000,000 and Above 0 0 0 TOTAL* 4 17 $470,300 + 11.2%
TOTAL 4 17 9
* This represents the total of the Ladner area, not the sum of the areas above.
Condos - Ladner
#VALUE!
#VALUE!
A Research Tool Provided by the Real Estate Board of Greater Vancouver
Condo Report – September 2018
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Ladner
4 3 3
10
4 5 56
11
6
3 46
1011 6
9
13 14
18
13
10 11
17
$422,600$433,400 $436,600
$431,300$443,300
$459,300
$472,600 $471,200 $470,700 $472,200 $470,700 $470,300
10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018
Sales Active Listings MLS® HPI Benchmark Price
REALTOR® Report
Price Range SalesActive
ListingsDays onMarket
Neighbourhood SalesActive
ListingsBenchmark
PriceOne-YearChange
$99,999 and Below 0 0 0 Delta Manor 2 3 $795,800 + 5.0%
$100,000 to $199,999 0 0 0 East Delta 0 0 $0 --
$200,000 to $399,999 0 1 0 Hawthorne 1 8 $736,300 + 8.2%
$400,000 to $899,999 9 27 13 Holly 1 1 $820,400 + 7.0%
$900,000 to $1,499,999 4 9 8 Ladner Elementary 0 7 $689,000 + 8.1%
$1,500,000 to $1,999,999 0 0 0 Ladner Rural 0 0 $0 --
$2,000,000 to $2,999,999 0 0 0 Neilsen Grove 9 18 $1,152,100 + 5.3%
$3,000,000 and $3,999,999 0 0 0 Port Guichon 0 0 $0 --
$4,000,000 to $4,999,999 0 0 0 Westham Island 0 0 $0 --
$5,000,000 and Above 0 0 0 TOTAL* 13 37 $786,300 + 5.9%
TOTAL 13 37 11
* This represents the total of the Ladner area, not the sum of the areas above.
Townhomes - Ladner
#VALUE!
#VALUE!
A Research Tool Provided by the Real Estate Board of Greater Vancouver
Townhomes Report – September 2018
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Ladner
7 5 6 4 5 75
9 12
36
13
22
23
16 1517
1316 19 17
23
3237
$744,800$756,500
$776,900 $776,000 $783,200 $779,700 $786,100 $787,500$778,000
$797,200
$818,200
$786,300
10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018
Sales Active Listings MLS® HPI Benchmark Price
Ladner
REALTOR® ReportA Research Tool Provided by the Real Estate Board of Greater Vancouver
September 2018
Note: $0 means that there is no sales activity, not $0 as an MLS® HPI Benchmark Price.
Note: $0 means that there is no sales activity, not $0 as an Average Price Per Square Foot.
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
$499
$528
$683
$421
$604
$489
$587
$519$482
$513
$570
$444
$351
$433
$408
$422
$423$417
$471
$469 $468
$567
$510
$597
$331$389
$441
$463
$408
$475
$459 $448
$426
$515$492
$473
$300
$400
$500
$600
$700
10-2015 01-2016 04-2016 07-2016 10-2016 01-2017 04-2017 07-2017 10-2017 01-2018 04-2018 07-2018
Average Price Per Square Foot Detached Condos Townhomes
$503,600
$555,900 $554,200 $549,700
$592,400$626,800 $622,300 $624,300
$646,700
$783,200
$1,064,900
$1,015,100 $1,006,400
$261,400$297,300 $297,900 $294,800 $301,100
$322,000 $312,700 $299,800 $309,500$347,500
$408,900 $422,800
$470,300$372,200$407,200 $416,700 $416,100
$451,100$478,600
$457,700 $448,800$472,600
$524,500
$656,700
$742,500
$786,300
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
01-2006 01-2007 01-2008 01-2009 01-2010 01-2011 01-2012 01-2013 01-2014 01-2015 01-2016 01-2017 01-2018
MLS® HPI Benchmark PriceDetached Condos Townhomes
2018 2017 One-Year Change 2018 2017 One-Year
Change
Total Active Listings 179 175 + 2.3% 178 160 + 11.3%
Sales 11 26 - 57.7% 15 22 - 31.8%
Days on Market Average 91 38 + 139.5% 71 45 + 57.8%
MLS® HPI Benchmark Price $1,266,500 $1,269,700 - 0.3% $1,250,200 $1,256,300 - 0.5%
2018 2017 One-Year Change 2018 2017 One-Year
Change
Total Active Listings 43 24 + 79.2% 44 23 + 91.3%
Sales 13 6 + 116.7% 6 13 - 53.8%
Days on Market Average 45 53 - 15.1% 60 35 + 71.4%
MLS® HPI Benchmark Price $501,100 $451,500 + 11.0% $498,200 $449,100 + 10.9%
2018 2017 One-Year Change 2018 2017 One-Year
Change
Total Active Listings 18 6 + 200.0% 11 4 + 175.0%
Sales 1 1 0.0% 2 5 - 60.0%
Days on Market Average 13 76 - 82.9% 15 123 - 87.8%
MLS® HPI Benchmark Price $770,500 $737,500 + 4.5% $793,900 $720,100 + 10.2%
Activity Snapshot
REALTOR® ReportA Research Tool Provided by the Real Estate Board of Greater Vancouver
September 2018
September AugustDetached Properties
Tsawwassen
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Townhomes September AugustActivity Snapshot
Condos September AugustActivity Snapshot
Seller's Market
Balanced Market
Buyer's Market0%
50%
100%
150%
200%
250%
300%
Sales-to-Active Ratio Townhome Condo Detached[5.6%] [30.2%] [6.1%]
REALTOR® Report
Price Range SalesActive
ListingsAvg Dayson Market
Neighbourhood SalesActive
ListingsBenchmark
PriceOne-YearChange
$99,999 and Below 0 0 0 Beach Grove 3 24 $1,046,700 - 1.5%
$100,000 to $199,999 0 0 0 Boundary Beach 2 18 $1,262,000 - 2.1%
$200,000 to $399,999 0 0 0 Cliff Drive 1 31 $1,147,100 - 0.6%
$400,000 to $899,999 1 3 36 English Bluff 1 24 $1,740,500 + 0.8%
$900,000 to $1,499,999 8 109 94 Pebble Hill 3 36 $1,346,400 + 0.9%
$1,500,000 to $1,999,999 2 34 104 Tsawwassen Central 1 31 $1,190,500 - 0.6%
$2,000,000 to $2,999,999 0 27 0 Tsawwassen East 0 15 $1,334,100 - 2.1%
$3,000,000 and $3,999,999 0 4 0 TOTAL* 11 179 $1,266,500 - 0.3%
$4,000,000 to $4,999,999 0 2 0
$5,000,000 and Above 0 0 0
TOTAL 11 179 91
* This represents the total of the Tsawwassen area, not the sum of the areas above.
Detached Homes - Tsawwassen
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#VALUE!
A Research Tool Provided by the Real Estate Board of Greater Vancouver
Detached Properties Report – September 2018
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Tsawwassen
27 19 11 9 20 22 24 2721 14 15 11
162 159
117 129
141156
186204 197 192 178 179
$1,275,300$1,283,200 $1,281,800
$1,261,800
$1,249,300
$1,273,900$1,265,500 $1,264,600
$1,247,900
$1,265,500
$1,250,200
$1,266,500
10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018
Sales Active Listings MLS® HPI Benchmark Price
REALTOR® Report
Price Range SalesActive
ListingsAvg Dayson Market
Neighbourhood SalesActive
ListingsBenchmark
PriceOne-YearChange
$99,999 and Below 0 0 0 Beach Grove 5 10 $533,300 + 10.9%
$100,000 to $199,999 0 0 0 Boundary Beach 0 0 $0 --
$200,000 to $399,999 0 2 0 Cliff Drive 7 27 $467,500 + 11.1%
$400,000 to $899,999 12 33 37 English Bluff 0 0 $0 --
$900,000 to $1,499,999 1 5 147 Pebble Hill 0 0 $0 --
$1,500,000 to $1,999,999 0 2 0 Tsawwassen Central 1 4 $516,800 + 11.5%
$2,000,000 to $2,999,999 0 0 0 Tsawwassen East 0 2 $599,300 + 11.4%
$3,000,000 and $3,999,999 0 1 0 TOTAL* 13 43 $501,100 + 11.0%
$4,000,000 to $4,999,999 0 0 0
$5,000,000 and Above 0 0 0
TOTAL 13 43 45
* This represents the total of the Tsawwassen area, not the sum of the areas above.
Condos - Tsawwassen
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A Research Tool Provided by the Real Estate Board of Greater Vancouver
Condo Report – September 2018
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Tsawwassen
93 2 3
715 12 6
178
613
21 23 20
23 25
34
4652 51 51
4443
$452,200$467,600 $462,400 $460,500
$471,000
$490,600
$513,600 $507,500 $504,900 $503,700 $498,200 $501,100
10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018
Sales Active Listings MLS® HPI Benchmark Price
REALTOR® Report
Price Range SalesActive
ListingsDays onMarket
Neighbourhood SalesActive
ListingsBenchmark
PriceOne-YearChange
$99,999 and Below 0 0 0 Beach Grove 0 2 $678,200 + 5.8%
$100,000 to $199,999 0 0 0 Boundary Beach 0 1 $0 --
$200,000 to $399,999 0 0 0 Cliff Drive 1 12 $0 --
$400,000 to $899,999 1 15 13 English Bluff 0 0 $0 --
$900,000 to $1,499,999 0 3 0 Pebble Hill 0 1 $0 --
$1,500,000 to $1,999,999 0 0 0 Tsawwassen Central 0 2 $0 --
$2,000,000 to $2,999,999 0 0 0 Tsawwassen East 0 0 $955,100 + 6.2%
$3,000,000 and $3,999,999 0 0 0 TOTAL* 1 18 $770,500 + 4.5%
$4,000,000 to $4,999,999 0 0 0
$5,000,000 and Above 0 0 0
TOTAL 1 18 13
* This represents the total of the Tsawwassen area, not the sum of the areas above.
Townhomes - Tsawwassen
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A Research Tool Provided by the Real Estate Board of Greater Vancouver
Townhomes Report – September 2018
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Tsawwassen
4 2 0 4 2 2 22 2 1 2 1
7
7 7 6 7 9 1010 9 15 11 18
$740,200$753,900 $754,700
$763,300$756,000 $755,000
$781,300 $775,900$766,500
$759,800
$793,900
$770,500
10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018
Sales Active Listings MLS® HPI Benchmark Price
Tsawwassen
REALTOR® ReportA Research Tool Provided by the Real Estate Board of Greater Vancouver
September 2018
Note: $0 means that there is no sales activity, not $0 as an MLS® HPI Benchmark Price.
Note: $0 means that there is no sales activity, not $0 as an Average Price Per Square Foot.
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
$474
$612
$550$570
$519$526
$532
$539
$616
$571
$536$562
$398 $453
$386
$498
$488 $501
$547
$515
$547
$512
$592
$553
$412$485
$405
$500
$363
$411
$462
$503
$0
$607
$470
$492
$0
$100
$200
$300
$400
$500
$600
$700
10-2015 01-2016 04-2016 07-2016 10-2016 01-2017 04-2017 07-2017 10-2017 01-2018 04-2018 07-2018
Average Price Per Square Foot Detached Condos Townhomes
$567,500
$640,900 $627,000 $620,000$666,900
$712,400 $724,000 $714,300$753,800
$929,300
$1,269,700 $1,269,700 $1,266,500
$293,800$334,100 $334,800 $331,300 $333,200 $342,200 $328,700 $315,200 $319,700
$356,200
$425,700$451,500
$501,100$348,500
$381,200 $390,100 $389,600$429,300
$456,700 $442,500 $430,100 $447,000
$497,800
$629,900
$737,500$770,500
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
01-2006 01-2007 01-2008 01-2009 01-2010 01-2011 01-2012 01-2013 01-2014 01-2015 01-2016 01-2017 01-2018
MLS® HPI Benchmark PriceDetached Condos Townhomes
2018 2017 One-Year Change 2018 2017 One-Year
Change
Total Active Listings 858 911 - 5.8% 839 838 + 0.1%
Sales 39 74 - 47.3% 59 52 + 13.5%
Days on Market Average 59 59 0.0% 66 36 + 83.3%
MLS® HPI Benchmark Price $3,254,200 $3,653,500 - 10.9% $3,278,500 $3,654,500 - 10.3%
2018 2017 One-Year Change 2018 2017 One-Year
Change
Total Active Listings 1,347 838 + 60.7% 1,215 812 + 49.6%
Sales 209 403 - 48.1% 276 407 - 32.2%
Days on Market Average 30 26 + 15.4% 30 21 + 42.9%
MLS® HPI Benchmark Price $804,100 $796,100 + 1.0% $825,000 $787,400 + 4.8%
2018 2017 One-Year Change 2018 2017 One-Year
Change
Total Active Listings 227 140 + 62.1% 218 147 + 48.3%
Sales 28 58 - 51.7% 33 47 - 29.8%
Days on Market Average 33 29 + 13.8% 43 22 + 95.5%
MLS® HPI Benchmark Price $1,229,300 $1,265,100 - 2.8% $1,267,800 $1,254,200 + 1.1%
Activity Snapshot
REALTOR® ReportA Research Tool Provided by the Real Estate Board of Greater Vancouver
September 2018
September AugustDetached Properties
Vancouver - West
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Townhomes September AugustActivity Snapshot
Condos September AugustActivity Snapshot
Seller's Market
Buyer's Market
Balanced Market
0%
20%
40%
60%
80%
Sales-to-Active Ratio Townhome Condo Detached[12.3%] [15.5%] [4.5%]
REALTOR® Report
Price Range SalesActive
ListingsAvg Dayson Market
Neighbourhood SalesActive
ListingsBenchmark
PriceOne-YearChange
$99,999 and Below 0 0 0 Arbutus 2 35 $3,505,300 - 13.3%
$100,000 to $199,999 0 0 0 Cambie 0 55 $2,610,400 - 1.6%
$200,000 to $399,999 0 4 0 Coal Harbour 0 1 $0 --
$400,000 to $899,999 1 9 46 Downtown VW 0 1 $0 --
$900,000 to $1,499,999 0 14 0 Dunbar 5 118 $2,594,600 - 15.2%
$1,500,000 to $1,999,999 2 25 122 Fairview VW 0 6 $0 --
$2,000,000 to $2,999,999 18 156 60 False Creek 0 2 $0 --
$3,000,000 and $3,999,999 10 205 48 Kerrisdale 7 66 $3,254,200 - 9.3%
$4,000,000 to $4,999,999 3 148 42 Kitsilano 2 58 $2,222,400 - 15.4%
$5,000,000 and Above 5 297 66 MacKenzie Heights 1 32 $3,514,100 - 8.9%
TOTAL 39 858 59 Marpole 3 61 $2,243,000 - 7.9%
Mount Pleasant VW 0 6 $2,542,200 - 4.8%
Oakridge VW 2 15 $2,955,900 - 8.2%
Point Grey 4 74 $3,300,800 - 18.4%
Quilchena 2 29 $3,712,100 - 13.6%
S.W. Marine 3 33 $3,312,900 - 5.3%
Shaughnessy 0 83 $5,956,900 - 0.4%
South Cambie 0 24 $3,415,900 - 8.8%
South Granville 3 98 $4,250,000 - 7.2%
Southlands 3 31 $3,593,500 - 5.2%
University VW 2 26 $5,276,200 - 20.0%
West End VW 0 3 $0 --
Yaletown 0 1 $0 --
TOTAL* 39 858 $3,254,200 - 10.9%
* This represents the total of the Vancouver - West area, not the sum of the areas above.
Detached Homes - Vancouver - West
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A Research Tool Provided by the Real Estate Board of Greater Vancouver
Detached Properties Report – September 2018
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Vancouver - West
108 83 37 44 53 52 71 90 81 57 59 39
895834
601702
799 827905 938 925 892 839 858
$3,626,300$3,573,700 $3,556,100 $3,548,400
$3,500,600$3,449,000
$3,404,200 $3,430,500 $3,392,500 $3,356,500$3,278,500 $3,254,200
10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018
Sales Active Listings MLS® HPI Benchmark Price
REALTOR® Report
Price Range SalesActive
ListingsAvg Dayson Market
Neighbourhood SalesActive
ListingsBenchmark
PriceOne-YearChange
$99,999 and Below 0 0 0 Arbutus 0 0 $0 --
$100,000 to $199,999 0 0 0 Cambie 3 47 $713,500 + 4.0%
$200,000 to $399,999 6 6 21 Coal Harbour 11 100 $1,123,600 + 7.9%
$400,000 to $899,999 120 573 29 Downtown VW 52 316 $678,900 - 3.3%
$900,000 to $1,499,999 61 437 31 Dunbar 1 6 $704,000 + 1.3%
$1,500,000 to $1,999,999 10 124 16 Fairview VW 13 93 $806,700 + 3.5%
$2,000,000 to $2,999,999 10 99 27 False Creek 12 78 $841,000 - 2.3%
$3,000,000 and $3,999,999 0 47 0 Kerrisdale 2 35 $924,500 + 3.2%
$4,000,000 to $4,999,999 0 18 0 Kitsilano 23 96 $633,300 + 4.2%
$5,000,000 and Above 2 43 206 MacKenzie Heights 0 0 $0 --
TOTAL 209 1,347 30 Marpole 11 55 $608,200 + 5.9%
Mount Pleasant VW 3 9 $578,800 + 0.3%
Oakridge VW 2 10 $1,114,700 + 1.2%
Point Grey 1 10 $616,000 + 1.7%
Quilchena 3 20 $1,130,500 + 1.1%
S.W. Marine 0 12 $509,300 + 3.5%
Shaughnessy 1 6 $683,300 + 2.2%
South Cambie 1 13 $957,600 + 3.5%
South Granville 0 4 $1,060,000 + 6.7%
Southlands 0 2 $840,200 + 2.2%
University VW 13 96 $1,000,400 + 7.2%
West End VW 25 146 $639,400 - 2.4%
Yaletown 32 193 $878,400 + 2.8%
TOTAL* 209 1,347 $804,100 + 1.0%
* This represents the total of the Vancouver - West area, not the sum of the areas above.
Condos - Vancouver - West
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#VALUE!
A Research Tool Provided by the Real Estate Board of Greater Vancouver
Condo Report – September 2018
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Vancouver - West
390 381251 244
329 351 351 357328 294 276 209
862 809617
656728 779
979
1,221 1,288 1,3251,215 1,347
$806,500$811,200 $807,100
$812,400
$835,800$844,700 $841,700 $845,400 $842,600
$835,200$825,000
$804,100
10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018
Sales Active Listings MLS® HPI Benchmark Price
REALTOR® Report
Price Range SalesActive
ListingsDays onMarket
Neighbourhood SalesActive
ListingsBenchmark
PriceOne-YearChange
$99,999 and Below 0 0 0 Arbutus 0 1 $0 --
$100,000 to $199,999 0 0 0 Cambie 2 13 $1,107,900 - 10.2%
$200,000 to $399,999 0 0 0 Coal Harbour 1 2 $1,794,800 - 2.0%
$400,000 to $899,999 4 20 11 Downtown VW 1 6 $1,009,200 + 0.6%
$900,000 to $1,499,999 15 91 37 Dunbar 1 1 $0 --
$1,500,000 to $1,999,999 7 73 46 Fairview VW 6 42 $1,092,300 + 3.1%
$2,000,000 to $2,999,999 2 33 7 False Creek 2 7 $880,200 - 6.8%
$3,000,000 and $3,999,999 0 5 0 Kerrisdale 1 2 $1,409,900 - 8.6%
$4,000,000 to $4,999,999 0 2 0 Kitsilano 5 30 $1,037,500 - 5.4%
$5,000,000 and Above 0 3 0 MacKenzie Heights 0 2 $0 --
TOTAL 28 227 33 Marpole 0 29 $1,053,000 - 2.2%
Mount Pleasant VW 1 7 $1,259,100 - 0.2%
Oakridge VW 0 10 $1,465,000 - 9.1%
Point Grey 0 1 $1,057,300 - 7.8%
Quilchena 0 2 $1,394,600 - 7.9%
S.W. Marine 0 3 $0 --
Shaughnessy 0 9 $2,218,200 - 2.7%
South Cambie 1 3 $1,710,200 - 6.8%
South Granville 1 13 $1,486,300 - 6.4%
Southlands 0 0 $0 --
University VW 2 29 $1,586,100 - 9.8%
West End VW 0 3 $1,184,900 + 0.0%
Yaletown 4 12 $1,767,300 + 2.0%
TOTAL* 28 227 $1,229,300 - 2.8%
* This represents the total of the Vancouver - West area, not the sum of the areas above.
Townhomes - Vancouver - West
#VALUE!
#VALUE!
A Research Tool Provided by the Real Estate Board of Greater Vancouver
Townhomes Report – September 2018
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
Vancouver - West
44 4022 18
34 31 4242 47 39 33 28
149
147117 122
136148
180227 235
218 218 227
$1,265,100 $1,268,200
$1,242,400 $1,247,900 $1,250,100
$1,271,000
$1,302,200 $1,304,500 $1,303,600$1,289,100
$1,267,800
$1,229,300
10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018
Sales Active Listings MLS® HPI Benchmark Price
Vancouver - West
REALTOR® ReportA Research Tool Provided by the Real Estate Board of Greater Vancouver
September 2018
Note: $0 means that there is no sales activity, not $0 as an MLS® HPI Benchmark Price.
Note: $0 means that there is no sales activity, not $0 as an Average Price Per Square Foot.
Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.
$1,063
$1,211
$1,426
$1,244
$1,180
$1,290$1,233
$1,311 $1,261
$1,137
$1,192
$1,081
$796 $871$927
$928
$936$990
$1,066
$1,080$1,100
$1,157
$1,101 $1,090
$772
$832
$925 $867 $940$911
$971
$1,021
$1,098$1,081 $995
$1,009
$600
$800
$1,000
$1,200
$1,400
$1,600
10-2015 01-2016 04-2016 07-2016 10-2016 01-2017 04-2017 07-2017 10-2017 01-2018 04-2018 07-2018
Average Price Per Square Foot Detached Condos Townhomes
$1,264,300
$1,497,100 $1,495,100 $1,523,400
$1,758,100
$2,236,300$2,091,200 $2,092,200
$2,301,600
$2,743,800
$3,623,400 $3,653,500
$3,254,200
$405,000 $448,100 $440,400 $451,800 $453,300 $472,500 $467,200 $475,200 $495,300 $555,100$687,600
$796,100 $804,100$556,500
$627,600 $649,700 $642,900 $675,500 $707,200 $705,400 $729,400 $783,800 $835,800
$1,132,900$1,265,100 $1,229,300
$0
$1,000,000
$2,000,000
$3,000,000
$4,000,000
01-2006 01-2007 01-2008 01-2009 01-2010 01-2011 01-2012 01-2013 01-2014 01-2015 01-2016 01-2017 01-2018
MLS® HPI Benchmark PriceDetached Condos Townhomes