February Market Update for Metro Vancouver
Download the PDF for a price analysis for Metro Vancouver in February 2020. It includes detailed information on detached homes, attached condos and townhomes. Contact me if you have any questions!
February Market Update for New Westminster
Below is the price analysis for February 2020. It includes detailed information on detached homes, attached condos and townhomes. Check out the current market trends in New Westminster!
Market SummaryDETACHED
- Buyers Market at 10% Sales Ratio average (1 in 10 homes selling rate)
- Homes are selling on average 9600% above list price
- Most Active Price Band** $1 mil to $1.25 mil with average 35% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $900,000 to $1 mil, Connaught Heights and minimum 7 bedroom properties
- Sellers Best Bet** Selling homes in GlenBrooke North and 3 to 4 bedroom properties
With a minimum inventory of 10 in most instances
Market SummaryATTACHED
- Sellers Market at 32% Sales Ratio average (3.2 in 10 homes selling rate)
- Homes are selling on average 9700% above list price
- Most Active Price Band** $300,000 to $400,000 with average 57% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $900,000 to $1 mil, Queensborough and 3 bedroom properties
- Sellers Best Bet** Selling homes in Fraserview and up to 1 bedroom properties
With a minimum inventory of 10 in most instances
Data sourced from SnapStats Publishing.
