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The Lockwood Report: Daily Vancouver Housing Market Update for Nov 26th, 2020As of Thursday, Nov 26th, 2020, in Vancouver there are a total of 324 active residential homes for sale, 914 pending listings and 580 properties sold in the most recent 30 day period. The average list price for all active residential listings in Vancouver is $464,418, while the average asking price for properties new on market in the last 30 days is $427,006. Residential homes for sale in Vancouver sold at an average price of $413,735 while newly listed properties came in higher on average, at $427,006.
Homes for sale in Vancouver are currently selling faster than new listings are coming on the market. For the most recent 30 day period, 580 properties sold and 469 came on the market. In summary, homes sold outpaced new listings by 111. As a point of reference, in the month prior, there were 554 sold listings and 564 properties that newly went on the market. Keep an eye on the number of pending listings in Vancouver (currently 914) because an increase or decrease in pending sales can sometimes shed light on the coming month's sales figures.
*A zero result on the above Vancouver graph means that no properties sold in the respective price range during the month indicated.