Changing market conditions are causing uncertainty in the market and home buyers and sellers are having difficulty establishing price as a result. The number of transactions in Metro Vancouver dipped below the 10-year monthly sales average last month; however, the MLS® benchmark price for all residential properties in Metro Vancouver is currently $931,900, which represents a 28.9% increase compared to September 2015 and a 0.1% decline from August 2016. At the moment, we’re seeing more demand for condominiums and town homes today than in the detached home market.
For a no obligation, no pressure, accurate assessment of your home value please contact us at 604.685.5445. We have qualified buyers who maybe interested in your property.
Downtown Vancouver 13-Month Market Trend
Community – Condo & Townhouse (Attached)
Media Data – Condo & Townhouse (Attached)
Photo by: Vancouver Film School