Single family houses sales for November totalled 635 with the average sale price of $1,053,902. This 30% decrease in number of sales and a 7% decrease in average price over last year same time period (November) . Townhouse sales for November totalled 307 with an average sale price of $545,658. This is a 30% decrease in the number of sales and an decrease of 3% in average price over the same time period last year (November). Condominiums November sales totalled 750 with the average sale price of $428,825. This a 25% decrease in number of sales and decease of .5% in average price over the same time period last year (November).
Total of all types for November was 1692 sales with an average sale price of $684,612. This is a 28% decrease in number of sales and a 6% decrease in average price over November last year.
Volume ran about 30% below the same month in the previous year with a small decrease in average price in all categories. The Vancouver Real Estate Board sales volume year to date is down by 22% and year to date average sales price is down 6%. The number of active listings is 13% higher this November compared to last November. High inventory and reduced demand has the Real Estate Board of Greater Vancouver stating that it continues to be a BUYERS market. November sales this year on the Vancouver Real Estate Board were again below the 10 year average for November.
Click HERE to view video report from Real Estate Board President Eugen Klein
Local Maple Ridge
Single family houses November sales totalled 53 with the average sale price of $493,898. This a 32% decrease in number of sales and average price decrease of 2% compared to November last year. Townhouse November sales totalled 13 with an average sale price $296,369. This is a 61% decrease in the number of sales and unchanged in average price compared to last November. Condominiums November sales totalled 17 with the average sale price of $193,994. This is a 6% increase in number of sales and a 1% increase in price over last November.
Total of all types of sales for November was 83 with an average sale price of $401,533. This is a 35% decrease in number of sales and a 2% decrease in average price over last November.
The Maple Ridge sales volume year to date is down by 10% and year to date average sales price is basically unchanged at $501,763 for single family homes. The average sale price has been within $2000 of this number for 3 years. Townhouses and apartments have seen decreases in average sale prices of 6- 8% respectively.
The number of properties on the market in Maple Ridge for November is 922 which is 2% below last November .
For more detail just call 604-466-4549 or email pearceteam@telus.net
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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