What happened in the real estate market in your neighbourhood during April 2017? Watch the video for a summary and read the full post for more details.

Greater Vancouver Real Estate Market Stats for April 2017

Combined detached and attached sales in the Greater Vancouver market decreased just slightly from March’s 69% to finish with a 68% sales ratio for April, continuing the trend of a strong seller’s market overall. Total sales were down by about 26% compared to 2016, while sale prices held steady with a modest gain of 6% over the previous year.

Greater Vancouver Real Estate Market Stats - April 2017Both Detached and Attached sales in all municipalities the Greater Vancouver market area posted Seller’s Market sales ratios. Detached sales ranged from a low of 28% in Burnaby to a high of 100% in Pitt Meadows for the second straight month. Attached units moved at a nearly perfect ratio in all cities, with a low of 80% in Burnaby and 100% in Coquitlam, Port Coquitlam, New Westminster, and Maple Ridge for the month of April.

The statistics above represent both detached and attached homes in Burnaby, New Westminster, Coquitlam, Port Coquitlam, Pitt Meadows, and Maple Ridge for the month of April 2017.


Metro Vancouver Real Estate Market Stats for April 2017

Metro Vancouver sales slipped 2% from March’s ratio of 45% to finish at a 43% sales ratio for April. Total sales were down by 24% compared to 2016, while sale prices rose 4% compared to the previous year.

Metro Vancouver Real Estate Market Stats - April 2017Sales ratios for detached homes in Metro Vancouver ranged from a balanced market low of 16% in West Vancouver to a seller’s market high of 44% in North Vancouver. Attached home sales ranged from a seller’s market low of 45% in West Vancouver to a high of 90% in North Vancouver.

The statistics above represent both detached and attached homes in Ladner, North Vancouver, Richmond, Tsawwassen, Vancouver, and West Vancouver for the month of April 2017.


Fraser Valley Real Estate Market Stats for April 2017

Combined home sales in the Fraser Valley dropped 4% from March’s 67% ratio to finish with a market speed of 63%. Total sales volume slumped by 25% compared to 2016, but sales prices were still up by a modest 5% over the previous year.

Fraser Valley Real Estate Market Stats - April 2017
Detached home sales ratios ranged from a seller’s market low of 62% in White Rock to a seller’s market high of 100% in Mission. Attached homes sold at a nearly perfect sales ratio in the Fraser Valley with North Delta posting the lowest seller’s market ratio of 80% and a high of 97% in Cloverdale.

The statistics above represent both detached and attached homes in Abbotsford, Cloverdale, Delta, Langley, Mission, Surrey, and White Rock for the month of April 2017.


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