Greg Covell

Cell: 604-307-7147 |

 
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Hey all, welcome to 2015! I'm a bit of a numbers geek, and love to watch all of the neighbourhoods in the Vancouver, Lower Mainland and Fraser Valley area to see how each area is doing, so I've decided to give a quick monthly report on each area. These numbers relate specifically to detached houses only. I have full reports if anybody needs them, so please e-mail me and I'll be happy to send them. I'm posting just the number of listings, sales, average days on market and average sale price. All numbers are based on the previous month, so these figures are for December 2014. Happy reading!

 

 

Summary for December 2014: Overall, the year ended with a bang for most areas! Even the historically (past 6 months) softer areas finished in at least a balanced market, with many areas pushing 35-50%, which basically means you have much more control over your sale price. The East Side of Vancouver and Coquitlam/Port Coquitlam continue their upward ascension, and are the in-demand areas right now.

 

 

Vancouver West Side: 478 Listings 98 Sales 35 DOM average, Sale Price Avg. $2,665,833 * Sellers Market *

 

Vancouver East Side: 217 Listings 100 Sales 18 DOM average, Sale Price Avg. $1,034,044 * STRONG Sellers Market *

 

North Vancouver: 139 Listings 64 Sales 25 DOM average Sale Price Avg $1,350,000 * STRONG Sellers Market *

 

West Vancouver: 290 Listings 62 Sales 62 DOM average sale price Avg $2,133,800 * Balanced market *

 

Burnaby: 249 Listings 105 Sales 38 DOM average Sale Price Avg $1,138,000 * STRONG Sellers Market *

 

New Westminster: 53 Listings 12 Sales 40 DOM Average Sale Price Avg $656,000 * Sellers Market *

 

Coquitlam: 173 Listings 67 Sales 23 DOM Average Sale Price Avg $857,142 * STRONG Sellers Market *

 

Port Coquitlam: 41 Listings 24 Sales 10 DOM Average Sale Price Avg $599,000 * STRONG Sellers Market *

 

Port Moody: 43 Listings 14 Sales 9 DOM Average Sale Price Avg $759,400 * STRONG Sellers Market *

 

Pitt Meadows: 29 Listings 7 Sales 35 DOM Average Sale Price Avg $518,000 * Sellers Market *

 

Maple Ridge: 273 Listings 71 Sales 47 DOM Average Sale Price Avg $488,000 * Sellers Market

 

Surrey: 769 Listings 151 Sales 44 DOM Average Sale Price Avg $602,803 * Balanced Market *

 

South Surrey/White Rock: 354 Listings 94 Sales 31 DOM Average Sale Price Avg $893,250 * Sellers Market *

 

North Delta 83 Listings 37 Sales 36 DOM Average Sales Price Avg $560,000 * STRONG Sellers Market *

 

Cloverdale: 123 Listings 33 Sales 27 DOM Average Sales Price Avg $616,190 * Sellers Market * 

 

Langley: 226 Listings 77 Sales 16 DOM Average Sales Price Avg $614,000 * Strong Sellers Market *

 

Abbotsford: 292 Listings 80 Sales 44 DOM Average Sales Price Avg $410,000 * Sellers Market *

 

Mission: 204 Listings 36 Sales 69 DOM Average Sales Price Avg $365,250 * Balanced Market *