Single family sales for October totalled 798 with the average sale price of $1,116,108. This 18% decrease in number of sales and a 3% decrease in average price over last year same time period (October) . Townhouse sales for October totalled 338 with an average sale price of $583,376. This is a 11% decrease in the number of sales and an increase of 2% in average price over the same time period last year (October). Condominiums October sales totalled 803 with the average sale price of $429,371. This a 16% decrease in number of sales and decease of 3% in average price over the same time period last year (October).
Total of all types for October was 1939 sales with an average sale price of $738,845. This is a 16% decrease in number of sales and a 3% decrease in average price over October last year.
Sales overall did not decrease as much in October this year compared to October last year as we have in previous months. Volume has been running about 35% below the same month in the previous year but October volume was only down 16%. The sales volume for October was up over 30% from September this year. The Vancouver Real Estate Board sales volume year to date is down by 21% and year to date average sales price is down 6%. The number of active listings is 12% higher this October compared to last October. Increased inventory and reduced demand has the Real Estate Board of Greater Vancouver stating that it now a BUYERS market. October sales this year on the Vancouver Real Estate Board were again below the 10 year average for October.
Link to video for Real Estate Board of Greater Vancouver stats for October.
Local Maple Ridge
Single family October sales totalled 81 with the average sale price of $488,563. This a 5% increase in number of sales and average price decrease of 3% compared to October last year. Townhouse October sales totalled 24 with an average sale price $284.729. This is a 17% decrease in the number of sales and a 5% decrease in average price compared to last October. Condominium October sales totalled 17 with the average sale price of $167,382. This is a 54% increase in number of sales and a 6% decrease in price over last October.
Total of all types of sales for October was 122 with an average sale price of $403,710. This is a 4% increase in number of sales and a 5% decrease in average price over last October.
The Maple Ridge sales volume year to date is down by 8% and year to date average sales price is basically unchanged at $502,268 for single family homes. The average sale price has been within $2000 of this number for 3 years. Townhouses and apartments have seen decreases in average sale prices of 7 - 9% respectively.
The number of properties on the market in Maple Ridge for October is 976 which is 3% below last October .
For more detail just call 604-466-4549 or email email@example.com .
REALTORS® are gearing up for the 18th annual REALTORS Care® Blanket Drive.
Help us help out - If you have items to donate then give us a call at 604-466-4549 and we will come by and pick them up. You can also drop them off at Royal LePage Brookside at 11933 - 224th Street in Maple Ridge.
Since its start, we've collected enough blankets and warm clothing to help at least 185,000 people keep warm throughout the Lower Mainland.
This year we again need your help. Please donate any of the following to a drop-off location near you:
Donations are delivered to a LOCAL Charity in the Maple Ridge and Pitt Meadows area.
• blankets, sleeping bags
• warm clothing - coats, jeans, pants, sweaters
• scarves, gloves, mitts, hats
(women, children, men)
That single act of kindness has blossomed into one of the largest annual collections of warm clothing and blankets, helping homeless people and the working poor in every single community in the Lower Mainland.
Eighteen years later, thousands of REALTORS® from Whistler to Hope have collected enough donations to help more than 185,000 people in need. Each year, more than 75 dedicated members actually pick-up and deliver all the donations, and well over 100 real estate offices in the Lower Mainland act as collection depots.
The REALTORS Care® Drive now collects an astonishing amount of warm, winter items on behalf of dozens of local charities to help at least 20,000 people each year.