The Ladner, Tsawwassen Housing Market Trends
|Ladner, Tsawwassen Market Reports and Forecasts
Ladner, Tsawwassen Market Update (Detached) namely: Pebble Hill, Tsawwassen Central, Cliff Drive, English Bluff, Hawthorne and all the sub-areas of Ladner, Tsawwassen Real Estate Market Update Report.
Nov 1, 2017
Current: Ladner,Tsawwassen and S.Delta residential detached housing market has a 15 %SOLD rate making it a Sellers Market . (This means 15 homes out of 100 sold last month with an average $58,946 Discount from the original list price )
Most Active Range: Homes below $1 mill. have 26.1 %SOLD rate
Least Active Range: Homes above $1.8 mill. have 2.3 %SOLD rate
History: Ladner, Tsawwassen and S.Delta Year-To-Date RMR Home Price Index* shows that that prices increased $69,382.
*The RMR HPI (Home Price Index) is an approximate reflection of the Average Home Price Changes.
Forecast: Ladner,Tsawwassen and S.Delta have 235 homes for sale and with the 15 %SOLD monthly rate gives us ~7 months of inventory. 14% of the active listings have reduced their price by $69,382 on average or $58,006 median in the last month.
October's Real Estate Statistics show our Markets have NORMALIZED with just 33% of Vancouver's Detached Markets increasing values this month. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price Decrease of $10,887, which is less than the $12,693 decrease that we saw in the month prior. The Average Fraser Valley Markets are still stronger with a $1,381 monthly increase. Detached Markets values in October experienced an Average Monthly Price decrease of $1,381, which is a reduction of the $2,054 increase that we saw in the month prior. The FV is still a much stronger market than the Vancouver Detached Markets which just had a $10,887 monthly decrease. We are forecasting the beginning of Buyers Market across many Detached Markets, with Chilliwack being one of the last holdouts. We are forecasting the beginning of Buyers Market across most Detached Markets
Currently, the Attached Markets carry the day with 75% still increasing in Greater Vancouver (Lower Mainland) (43 of 58 Markets). We are forecasting a continued Seller's Market in the Attached Markets. We continue to analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighbourhood.
The Ladner, Tsawwassen Real Estate Market update which includes sub-areas such as Cliff Drive, English Bluff, Pebble Hill, Tsawwassen Central, Hawthorne are Sponsored by The Biggar Group, RE/MAX Real Estate Services.
We thank The Biggar Group for his support of these Market Updates. Contact Biggars as the Local Expert. more details
Download the full LadnerMarketupdatereport.PDF
The Tsawwassen, Ladner City Real Estate Market reports includes sub-areas such as Hawthorne, Cliff Drive, Tsawwassen Central, English Bluff, Pebble Hill etc
Click Image to compare previous STR/ MTI graphs
Trying to do the math? Lessons: STR MTI
Richmond + Ladner STR
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