Vancouver Average Price – December 2014

Merry-go-round

As 2014 passes into history, Vancouver average prices seem to have taken a ride on a Merry-go-round. That ride began in February with an all time high and ended a few dollars short of that notable point.

Average Price 1977 – 2014

2015-01-01-Average-Price-Web
Hastings Park Merry Go Round  1934 CVA 99 - 3131Hastings Park Merry Go Round 1934 CVA 99 – 3131

December Highlights

  • Detached price – Up
  • Attached price – Up
  • Apartment price – Down
  • Sales YOY – Up, MOM -Down

Vancouver Real Estate Average Numbers

Detached Attached Apartment
December 14 – $1,344,334 December 14 – $590,536 December 14 – $428,159
December 13 – $1,276,073 December 13 – $558,290 December 13 – $427,006
December 12 – $1,078,495 December 12 – $557,966 December 12 – $415,991

Vancouver Real Estate Inventory – Active Listings

Detached Attached Apartment
December 14 – 4,038
– 19%
December 14 – 1,452
– 11%
December 14 – 4,830
– 1%
December 13 – 5,031 December 13 – 1,640 December 13 – 4,890

Vancouver Real Estate – Units Sold

Detached Attached Apartment
December 14 – 694
+ 9%
December 14 – 371
+ 8%
December 14 – 912
+ 7%
December 13 – 767 December 13 – 341 December 13 – 850
*Percent = YOY

Ahead

Continued buying pressure from Mainland China will see detached prices escalate. Anticipated are record breaking detached prices surpassing those seen in 2014.

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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