Welcome to the snap stats Market Speedo for Metro Vancouver, November 2023.
Markets have found balance with a modest uptick of new listings despite a low level of activity and inventory. The market speed for Metro Vancouver is 15%, indicating it's a balanced market, let's find out why.
Total sales last month were 874 which is no no change year-over-year and a 17% decrease over the previous month. The median sale price was $1.50K making it a 7% increase over this time last year and 5% less month over month.
There were 5,656 active listings last month which is a 10 % increase over this time last year and 15% more than the previous month.
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