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VANCOUVER EAST RESALE MARKET SUMMARY
MLS Resale Highlights
The average time a unit is on the market has increased for High Rise units by 16 days while Low Rise units decreased by 28 days and Townhomes experienced no change when compared to the Fourth Quarter of 2022
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Average price per square foot sales values for High Rise and Townhome units increased by $9 and $6, respectively, while Low Rise units decreased by $7 when compared to the Fourth Quarter of 2022
The months of supply for resales in the Low Rise market has increased from 4.0 months to 6.5 months when compared to the same quarter last year
The average price per square foot in a Low Rise for a one bedroom unit is down by $51 while a two bedroom unit experienced no change when compared to the Fourth Quarter of 2022
Total listings and resales have increased by 15 and two, respectively, when compared to the Fourth Quarter of 2022
The average price per square foot for a two bedroom Townhome decreased by $7 while a three bedroom Townhome has increased by $40 since the Fourth Quarter of 2022
