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August 28, 2012 Vancouver Real Estate Sales Statistics

August 28, 2012 Vancouver real estate sales statistics for the REBGV, the FVREB, and both boards combined.

DateFilt# Of
Sales
Avg
List
Price
Avg
Sale
Price
Avg
Diff$
Avg
Diff%
Avg
DOM
DateFilt# Of
Sales
Avg
List
Price
Avg
Sale
Price
Avg
Diff$
Avg
Diff%
Avg
DOM
DateFilt# Of
Sales
Avg
List
Price
Avg
Sale
Price
Avg
Diff$
Avg
Diff%
Avg
DOM
08/28128$714,540$669,182$-45,358-6.3565

Snapshot

New Listings 241

Price Changes 155

Sold Listings 128


Sell/List

The sell/list is a simple measure of demand that divides a given number of sales by the number of new listings taken during the same period. It is expressed as a percentage. In a hot market we sell more properties than we list, so the number exceeds 100%. Markets like that commonly see multiple offers over list price. Slow markets, on the other hand, are characterized by low sell/lists, below 35%.

Today’s sell/list was 53.11%

Vancouver real estate sales statistics are courtesy of the Real Estate Board of Greater Vancouver, and while all efforts are made to ensure their accuracy, neither the REBGV nor Rob Chipman are liable for any errors.


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