November Market Update for Metro Vancouver
Download the PDF for a price analysis for Metro Vancouver in November 2019. It includes detailed information on detached homes, attached condos and townhomes. Contact me if you have any questions!
November Market Update for New Westminster
Below is the price analysis for November 2019. It includes detailed information on detached homes, attached condos and townhomes. Check out the current market trends in New Westminster!
Market Summary
DETACHED
- Sellers Market at 27% Sales Ratio average (2.7 in 10 homes selling rate)
- Homes are selling on average 2% below list price
- Most Active Price Band** $900,000 to $1 mil with average 40% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1 mil to $1.25 mil, The Heights and 5 to 6 bedroom properties
- Sellers Best Bet** Selling homes in Queensborough, West End and 3 to 4 bedroom properties
With a minimum inventory of 10 in most instances
Data sourced from SnapStats Publishing.
Market Summary
ATTACHED
- Sellers Market at 45% Sales Ratio average (4.5 in 10 homes selling rate)
- Homes are selling on average 3% below list price
- Most Active Price Band** $300,000 to $400,000 with average 74% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $700,000 to $800,000, Queensborough, Uptown and 3 bedroom properties
- Sellers Best Bet* Selling homes in Downtown, Fraserview, Sapperton and up to 1 bedroom properties
With a minimum inventory of 10 in most instances
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