East Vancouver Real Estate Market Reports, Forecasts and Trends

 


 East Vancouver Market Reports and Forecasts   Previous Report

East Vancouver Market Update Report (Killarney VE, Renfrew VE, Collingwood Van East, South Vancouver, Knight and all sub areas of East Vancouver.

What are East Vancouver's Best and Worst Investments?

Jan 1, 2020

gas gauge

 Current: East Vancouver has a Stable Market with average listing inventory, 13 %SOLD rate, a  96% Sell/List Ratio and 22 DOM.
                      (This means an average of a $54,857  discount on a sale from the original list price)          

             Most Active Range: Homes between $1.4 mill. - $1.5 mill. have a High 29.3 %SOLD rate.        
             Least Active Range: Homes above $2.0 mill. have 5.0 %SOLD rate.

 History: The East Vancouver Year-To-Date Home Price Index HPIp (Top 50%) shows that prices decreased $76,422.
                The East Vancouver Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices decreased $33,145.
                           *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

 Forecast: East Vancouver has average Listing Supply; with 553 homes for sale and the 13 %SOLD monthly rate gives us ~8 months of Inventory. 4% of the active listings have reduced their price by $74,843 on average or $94,000 on median for the last month. We project East Vancouver to be a continued Stable Market.
 

December's Real Estate Statistics shows that we have hit BOTTOM! Single Family Homes in Metro Vancouver experienced an Average Monthly Price Decrease of just $1,777. This is a vast improvement from the $5-25,000 monthly drops that we have seen for the last 30 consecutive months. This long dropping market means that we have built up a lot of pent-up buyers just waiting for the market to bottom out. Now some of these buyers are finally stepping back into the market. Today we have a stark difference between the Low-End and High-End Markets. Overall, Single Family Homes in the Fraser Valley Market had a $1,355 monthly price increase, which is a positive trend from last month's price increase of $792. Over the next few months, we are forecasting price increases in the Low-End (lower-50%) and stabilization for the High-End (Top-50%) Vancouver Detached Home Markets.

Currently, the Condo Market presents stable Market conditions with 57% of the Greater Vancouver (Lower Mainland) Condo Prices increasing $424 on average. On the other hand, 61% of the Townhouse Markets decreased $242 on average (11 out of 28 Markets). We are forecasting increasing Condo and Townhouse Markets in the coming months. We analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighborhood.


   Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

 

   We invite you to analyze your home value/investment in 30+ market areas by inputting your previous purchase price and date in the Evaluator below! See "Evaluator / Forecaster" movie for directions. To see your homes monthly price changes from now on, just email your report to yourself. (3 bars link to email function)

 

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Single Family Detached High End .. more than $1,700,000       

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Calculate Your Home Value & Compare Your ROI to 130 Local & World Markets. 
           

 
 
 
 
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East Vancouver Real Estate reports include sub areas such as Collingwood Van East, Killarney VE, Renfrew VE, South Vancouver, Knight etc. The reports are Sponsored by Charlie Kiers, RE/MAX Real Estate Services.
We thank Charlie for his support of these Market Updates. Contact Charlie as the Local Expert.
more details.

East Vancouver reports which includes sub areas such as Collingwood Van East, Killarney VE, Renfrew VE, South Vancouver, Knight etc.

East Vancouver reports which includes sub areas such as Collingwood Van East, Killarney VE, Renfrew VE, South Vancouver, Knight etc.

East Vancouver reports which includes sub areas such as Collingwood Van East, Killarney VE, Renfrew VE, South Vancouver, Knight etc.

East Vancouver reports which includes sub areas such as Collingwood Van East, Killarney VE, Renfrew VE, South Vancouver, Knight etc.

Download the East Vancouver market reports.PDF

South Vancouver, Collingwood Van East, Killarney VE, Renfrew VE, Knight etc. are included in East Vancouver reports

South Vancouver, Collingwood Van East, Killarney VE, Renfrew VE, Knight etc. are included in East Vancouver reports

South Vancouver, Collingwood Van East, Killarney VE, Renfrew VE, Knight etc. are included in East Vancouver reports

South Vancouver, Collingwood Van East, Killarney VE, Renfrew VE, Knight etc. are included in East Vancouver reports

East Vancouver reports which includes sub areas such as Collingwood Van East, Killarney VE, Renfrew VE, South Vancouver, Knight etc.

These East Vancouver Real Estate Market reports include sub areas such as Renfrew VE, Knight, Collingwood Van East, Killarney VE, South Vancouver etc.

    East Vancouver Market Reports and Analysis   Previous Report

East Vancouver Market Update Report (Killarney VE, Renfrew VE, Collingwood Van East, South Vancouver, Knight and all sub areas of East Vancouver.

This is the most accurate  %SOLD-Monthly Sell Through Rates (STR Graph)  using a 4 week time period to analysis the housing prices and Market trends. This Market Report is derived from the exact Sat to Friday 4 week time periods and this is dramatically more accurate than the month to month comparisons that vary based on actual working days eg month, weekends. These trends enable Real Estate Market predictions and forecast outlooks.

 East Vancouver

 

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

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