West Side and East Side of Vancouver Detached Markets saw sales decline from June by 44% and 43% respectively. While West Side Vancouver Apartments increase of 3% in July compared to June. Richmond was one of the better performing markets with the same level of sales in July compared to June. Burnaby and Ladner similarly saw a strong month of sale in July compared to June.
Sales and Listings Stats Houses Townhouses Condos July 2015
Sales and Listings Stats All Regional July 2015
Here’s a summary of the numbers:
Greater Vancouver: Total Units Sold in July 2015 was 4,038 – down from 4,444 (9%) in June 2015, up from 3,111 (30%) in July 2014, up from 2,986 (35%) in July 2013; Active Listings are at 12,559 compared to 16,838 at this time last year and 13,231 at the end of June; New Listings in July 2015 were down 12% compared to June 2015 and up 3% compared to July 2014; Month’s Supply of Total Residential Listings is steady at 3 Months (Seller’s Market) and a Sales to Listings Ratio of 77% compared to 74% in June 2015 and 61% in July 2014.
Vancouver Westside Residential: Total Units Sold in July 2015 was 806 – down from 884 (9%) in June 2015, up from 597 (35%) in July 2014, up from 572 (41%) in July 2013; Active Listings are at 2,103 compared to 16,838 at this time last year and 13,231 at the end of June; New Listings in July 2015 were down 6% compared to June 2015 and up 5% compared to July 2014; Month’s Supply of Total Residential Listings is steady at 3 Months (Seller’s Market) and a Sales to Listings Ratio of 76% compared to 78% in June 2015 and 59% in July 2014.
Vancouver Eastside Residential: Total Units Sold in July 2015 was 391 – down from 467 (16%) in June 2015, up from 360 (9%) in July 2014, up from 326 (20%) in July 2013; Active Listings are at 838 compared to 1,159 at this time last year and 888 at the end of June; New Listings in July 2015 were down 14% compared to June 2015 and down 2% compared to July 2014; Month’s Supply of Total Residential Listings is steady at 2 Months (Seller’s Market) and a Sales to Listings Ratio of 79% compared to 81% in June 2015 and 71% in July 2014.
North Vancouver Residential: Total Units Sold in July 2015 was 285 – down from 339 (16%) in June 2015, up from 225 (27%) in July 2014, up from 223 (28%) in July 2013; Active Listings are at 592 compared to 972 at this time last year and 675 at the end of June; New Listings in July 2015 were down 23% compared to June 2015 and down 13% compared to July 2014; Month’s Supply of Total Residential Listings is steady at 2 Months (Seller’s Market) and a Sales to Listings Ratio of 93% compared to 86% in June 2015 and 64% in July 2014.
West Vancouver Residential: Total Units Sold in July 2015 was 110 – down from 132 (17%) in June 2015, up from 94 (17%) in July 2014, steady compared to 110 in July 2013; Active Listings are at 620 compared to 740 at this time last year and 629 at the end of June; New Listings in July 2015 were down 21% compared to June 2015 and down 1% compared to July 2014; Month’s Supply of Total Residential Listings is up to 6 Months (Balanced Market) and a Sales to Listings Ratio of 54% compared to 51% in June 2015 and 46% in July 2014.
Richmond Residential: Total Units Sold in July 2015 was 543 – down from 546 (1%) in June 2015, up from 409 (33%) in July 2014, up from 407 (33%) in July 2013; Active Listings are at 1,836 compared to 2,442 at this time last year and 1,909 at the end of June; New Listings in July 2015 were down 8% compared to June 2015 and up 1% compared to July 2014; Month’s Supply of Total Residential Listings is up to 3 Months (Seller’s Market) and a Sales to Listings Ratio of 71% compared to 65% in June 2015 and 54% in July 2014.