March 2010Overall Market Stats<br />Real Estate Board of Greater Vancouver<br />www.FindYourHomeHere.com<br />
New Listings<br />March 2010 vs. February 2010	new listings up 52.1%<br />March 2010 vs. March 2009		new listings up 60%<b...
Total Listing Inventory<br />March 2010 vs. February 2010	total listings up19%<br />March 2010 vs. March 2009		total listi...
“The total number of homes listed for sale on our MLS<br />is at its highest level in 10 months, which translates into<br ...
Total Sales<br />March 2010 vs. February 2010	total sales up 26.8%<br />March 2010 vs. March 2009		total sales up 38.5%<br...
“With a sales to listing ratio of 23%, we see a healthy<br />balance between buyer demand and seller supply in the<br />ma...
Overall House Prices<br />March 2010 vs March 2009 prices      20.3%<br />March 2010 benchmark price	 $584,435<br />May 20...
Detached Properties<br />March 2010 vs March 2009 sales	   49%<br />March 2010 vs March 2009 price	   23.3%<br />March 201...
Apartment Properties<br />March 2010 vs March 2009 sales	   28.3%<br />March 2010 vs March 2009 price	   17.3%<br />March ...
Attached Properties<br />March 2010 vs March 2009 sales	   40.1%<br />March 2010 vs March 2009 price	   17.3%<br />March 2...
www.FindYourHomeHere.com<br />Agnes Pau<br />Re/Max – Sabre Realty<br />#102 – 2748 Lougheed Highway, Port Coquitlam, BC, ...
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Coquitlam Real Estate March 2010 Market Stats

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http://www.FindYourHomeHere.com Market stats for March 2010 shows the number of listings are on the rise to create a balances spring market

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  • My name, company includes stats from all of greater vancouver
  • Good healthy inventory of homes
  • Let me explain this little ratio thing.  It’s calculated by dividing the number of sales by the number of listings.  It gives us a snapshot of what percentage of the listings on the market are selling.  We look at them both on a monthly (or weekly) basis and also year-to-date.  Although there are divergent opinions, generally speaking, a sales-to-listing ratio of over 50% suggests that it is a SELLERS market.  Under 40% is a BUYERS market and in between, is considered to be a BALANCED market.Right now, the sales to listing ratio in the Georgian Triangle is under 30% as one may expect.  That means less than 30% of properties on the market are selling.  It’s clearly a BUYERS market right now.
  • The Housing Price Index (HPI) is a tool developed by the Greater Vancouver and Fraser Valley Real Estate Boards to measure residential market activity. It tracks and measures the movement of mid-range priced homes for a set time period and provides reliable information on housing price trends since it excludes extremely high and low priced properties.
  • Coquitlam Real Estate March 2010 Market Stats

    1. 1. March 2010Overall Market Stats<br />Real Estate Board of Greater Vancouver<br />www.FindYourHomeHere.com<br />
    2. 2. New Listings<br />March 2010 vs. February 2010 new listings up 52.1%<br />March 2010 vs. March 2009 new listings up 60%<br />www.FindYourHomeHere.com<br />
    3. 3. Total Listing Inventory<br />March 2010 vs. February 2010 total listings up19%<br />March 2010 vs. March 2009 total listings down 7.6%<br />www.FindYourHomeHere.com<br />
    4. 4. “The total number of homes listed for sale on our MLS<br />is at its highest level in 10 months, which translates into<br />more options and variety for those looking to buy during<br />the traditionally busy spring period”<br />Jake Moldowan, REBGV president<br />www.FindYourHomeHere.com<br />
    5. 5. Total Sales<br />March 2010 vs. February 2010 total sales up 26.8%<br />March 2010 vs. March 2009 total sales up 38.5%<br />www.FindYourHomeHere.com<br />
    6. 6. “With a sales to listing ratio of 23%, we see a healthy<br />balance between buyer demand and seller supply in the<br />marketplace.”<br />Jake Moldowan, REBGV president<br />www.FindYourHomeHere.com<br />
    7. 7. Overall House Prices<br />March 2010 vs March 2009 prices 20.3%<br />March 2010 benchmark price $584,435<br />May 2008 previous high in the market<br />May 2008 benchmark price $568,411<br />March 2010 vs May 2008 2.8% <br />www.FindYourHomeHere.com<br />
    8. 8. Detached Properties<br />March 2010 vs March 2009 sales 49%<br />March 2010 vs March 2009 price 23.3%<br />March 2010 benchmark price $800,341<br />www.FindYourHomeHere.com<br />
    9. 9. Apartment Properties<br />March 2010 vs March 2009 sales 28.3%<br />March 2010 vs March 2009 price 17.3%<br />March 2010 benchmark price $395,507<br />www.FindYourHomeHere.com<br />
    10. 10. Attached Properties<br />March 2010 vs March 2009 sales 40.1%<br />March 2010 vs March 2009 price 17.3%<br />March 2010 benchmark price $495,496<br />www.FindYourHomeHere.com<br />
    11. 11. www.FindYourHomeHere.com<br />Agnes Pau<br />Re/Max – Sabre Realty<br />#102 – 2748 Lougheed Highway, Port Coquitlam, BC, Canada<br />604-626-1656<br />
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