The graphs below chart the average list price, sell price and trend line price for my daily hotsheet downloads. The hotsheets track all sales and listings each day, whether detached, attached, apartment, multi-family or land only. The vast majority of sales are in the first three categories.
There are three graphs – the first shows the average sales price for both the Real Estate Board of Greater Vancouver (REBGV) as well as the Fraser Valley Real Estate Board (FVREB); the second shows the results for the REBGV, and the third for the FVREB.
If you pick a particular date on any graph you can generally find the corresponding number on the daily report for that date. In order to smooth out the line somewhat, however, the average list and sale price lines will sometimes display a figure that is a weekly average. You likely will not find this number in any post unless I happened to post a weekly average (which I did a few times earlier in the year).
Here are some examples:The combined graph shows that on the 22 of February the average list price was $923,964. If you visit the post for that day you’ll see the same number in the table. The REBGV graph shows an average list price on August 10 of $1,022,013; again, if you visit the daily post for that date you’ll find the same number.
I have changed my short codes from what I was originally using, so as of December 20, 2012 I still have changes to make in the daily posts – some of the old posts won’t show REBGV or FVREB results. If you find that sort of post the explanation is that I haven’t updated the codes yet.
The high point on the trend line was near the beginning of the year, and was about $689,000. The low point (most recent) is about $652,000. The difference is about 5.4% down.
The high point on the trend line is about $786,000 and the low point (most recent) is about $736,000. The difference is about 6.4% down.
The high point on the trend line is about $490,000 and the low point (most recent) is about $485,000. The difference is nil.
This is the Average Sales Price Graph for the REBGV from 1977 until October 2012:
The average sales price for October 31, 2012, according to this graph is $1,116,108 for detached, $583,376 for attached, and $429,371. Click on the chart to see a larger image.
The original numbers that the graphs I produce are based on are courtesy of the Real Estate Board of Greater Vancouver, and while all efforts are made to ensure their accuracy, the REBGV accepts no responsibility for them.
The Average Monthly Price graph is courtesy of the REBGV and copied directly from them.