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The Lockwood Report: Daily Vancouver Housing Market Update for Sep 19th, 2020As of Saturday, Sep 19th, 2020, in Vancouver there are a total of 493 active residential homes for sale, 1,069 pending listings and 532 properties sold in the most recent 30 day period. The average list price for all active residential listings in Vancouver is $459,024, while the average asking price for properties new on market in the last 30 days is $425,264. Residential homes for sale in Vancouver sold at an average price of $417,042 while newly listed properties came in higher on average, at $425,264.
New listings in Vancouver are outpacing sold properties. For the most recent 30 day period, 532 properties sold and 652 came on the market. In summary, new listings outpaced sales by 120. As a point of reference, in the month prior, there were 485 sold Vancouver residential listings while 631 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 1,069) because an increase in pending sales may offset an increase in new listing inventory.
*A zero result on the above Vancouver graph means that no properties sold in the respective price range during the month indicated.