MARKETING VANCOUVER by A.V. SAYSON PERSONAL REAL ESTATE CORPORATION

2015 YEAR IN REVIEW! Market Summary


HIGHEST SELLING DECEMBER ON RECORD!!!

YEAR OVER YEAR DECEMBER

*Sales on the MLS in December 2015 up 33.6 percent compared to previous year

*2,827 sales in December!

*Highest selling December on record!

*6,024 total Metro Vancouver listings in December (41.6% less)

*Benchmark house pricing went up 18.9%

*Ratio of sales-to-active listings was 46.9% (upward price pressure at 20% or higher)

*Almost 1 out of 2 houses were sold!

 

2015 YEAR IN REVIEW

*Total annual sales of 42,326 (highest ever!)

*Annual spring peak listing time saw almost 4,000 less listings compared to 2014

*Multiple offer scenarios were commonplace

*Detached houses up 24.3% (up 8.1% in 2014)

*Condos up 14% (up 3.5% in 2014)

*Townhomes up 13.6% (up 4.5% in 2014)