Vancouver’s Average Price Carousel

Circle Game

2012 saw Vancouver home buyers and sellers on a carousel circling. Some rode golden painted horses. A reflection of sellers who sold before the market downturn and buyers took another round in anticipation of the right opportunity.

Average Price 1977 – 2012

Detached

The carousel of Vancouver’s detached average home prices rode higher than the numbers seen in November with a slight increase to an average price of $1,078,495.

Attached

Vancouver’s attached average price of $557,966, inched up higher than December 2011’s $511,948 and December 2010’s $526,556.

Apartment

Apartments suffered!

At $415,991 apartment average prices reached another low. It is the second lowest average price this year in July when the price dipped to $406,366.


Vancouver Real Estate Average Prices:

Detached Attached Apartment
December 12 – $1,078,495 December 12 – $557,966 December 12 – $415,991
December 11 – $1,064,294 December 11 – $511,948 December 11 – $443,652
December 10 – $1,046,348 December 10 – $526,556 December 10 – $439,648

Vancouver Real Estate Inventory – Active Listings

Detached Attached Apartment
December 12 – 5,555
+ 21%
December 12 – 2,046
+ 16%
December 12 – 5,336
+ 10%
December 11 – 4,583 December 11 – 1,752 December 11 – 4,813

Vancouver Real Estate – Units Sold

Detached Attached Apartment
December 12 – 554
-32%
December 12 – 213
-16%
December 12 – 504
-34%
December 11 – 629 December 11 – 254 December 11 – 774

*Percent = YOY

Photo Credit Carousel – CC Flickr -justaredherring

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

When Life Moves You - contact Larry:

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.

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