Video Blog- December 2016 Greater Vancouver Real Estate Stats

While home sales are not expected to repeat this year’s record performance, consumer demand is expected to remain well above the ten-year average [next year].

The market speed for The Greater Valley is 36% which officially makes it a seller’s market.

 

Reasons why:

SALES– Total sales last month were 815, which is 35% less year over year & 5% less month over month.

SALES PRICE– The median sale price was $699,000 which is a 13% increase over this time last year and a 3% decrease over the previous month.

FIND OUT YOUR MARKET SPEED– Learn the official market speed in your neighbourhood and price point by requesting a free Fraser Valley snap stats report from us!

ACTIVE LISTINGS– There were 2,254 active listings last month which is a 1% decrease over this time last year and an 9% decrease month over month.

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About Tina Heidari

Tina Heidari has written 56 post in this blog.