June 2021 Statistics
With summer now here and the Economy in BC moves into Phase 3, homes sales continue to be hot, however down from the spring rush that we saw in March and April. Overall in June, we are seeing a fewer amount of new listings come on the market but sales continue to be hot and overall inventory is declining. The low supply continues on keeping an upward pressure on prices right now.
764 total sales in June. (Down from 800 Sales from May)
1451 total active listings which is down from 3048 listings last June and down from1475 active listings in May
June median days to sell was 19 and the average days to sell was 31 which was exactly the same as May
962 New Listings in June which was down from 1092 in May
Single Family Residential Homes
Single-Family Sales 398
New Listings 509
Current Inventory 703 (717 in May and 1370 last June)
Median Days to Sell 18
Average Days to Sell 27
Average Price $1,063,914 up from $754,717 Last Year
Median Price $890,000 up from $685,000 last year
Townhome Activity
Townhome Sales 100 (77 Last June)
New Listings 124
Current Inventory 163
Average Days to Sell 25
Median Days to Sell 17
Average Price $634,840
Median Price $607,500
Apartment/Condo
Condo/Apt Sales 207
New Listings 230
Current Inventory 314
Average Days to Sell 33
Median Days to Sell 21
Average Price $442,089
MedianPrice $410,000
Have a great week and feel free to reach out if there is ever anything I can do for you! -Mark
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