The first graph above shows the average price for Vancouver houses, townhouses and condos from 1977 to present.

The average price of a home back then was less than $100,000, compared to over $800,000 now. The REBGV split the townhome and condo average in 1984, at which time the average townhome price was just over $100,000 and the average condo price just under. The townhome price is now $500,000 and condos are $400,000.

Houses the next graph shows the number of house listings now flat and the monthly new listings dropping, as are the monthly sales, now lower than a year ago. Average and median price also dropping. The average price of a Vancouver west side home went from $500,000 in 2001 to over $900,000 at the end of last year and is lower than a year ago.

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Maggie Chandler
604-328-0077
Chandler Realty Ltd
1648 W 6th Ave
Vancouver, BC V6J 1R3
maggiechandler@telus.net
www.maggiechandler.com
www.vancouverreflections.com

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Posted by maggie chandler on 08/26/2008 06:54 PM   Comments (0)  
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maggie chandler

Vancouver, BC

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