Vancouver Market Update for May 14, 2019

Vancouver housing market slump continued unabated with 30 trailing days’ median change from assessment for detached houses plunging to 10.7% below 2019 assessed value. This marks a home price drop of 14.2% year-over-year and 1.73% month-over-month.

21 out of the 24 home sales recorded in the last seven days sold below assessed. Even recently built homes are selling for below assessed, as was the case with the two 2018-built properties 2537 15th E Avenue and 3757 W 26th Avenue.

AddressAssessedTrue List PriceTrue List DateYear BuiltSold PriceSold Date% Change from Assessed
4665 ELGIN ST VANCOUVER$1,581,000$1,500,00022-Feb-20191993$1,400,00018-Mar-2019-11.45
2537 15TH AVE E VANCOUVER$2,470,000$2,798,00019-Jan-20182018$2,238,09505-Apr-2019-9.39
2476 PENDER ST E VANCOUVER$1,408,900$1,468,00003-Jul-20181922$1,050,00008-Apr-2019-25.47
4517 16TH AVE W VANCOUVER$1,895,300$1,999,00019-Jul-20181910$1,580,00010-Apr-2019-16.64
798 60TH AVE W VANCOUVER$1,947,400$1,948,00006-Mar-20191965$1,825,00015-Apr-2019-6.29
3546 33RD AVE W VANCOUVER$3,004,000$2,850,00018-Mar-20191922$2,618,00018-Apr-2019-12.85
2165 BRIGADOON AVE VANCOUVER$1,542,800$1,590,00015-Apr-20191951$1,520,00020-Apr-2019-1.48
2878 37TH AVE W VANCOUVER$3,063,000$3,688,00025-Sep-20171987$2,817,00021-Apr-2019-8.03
5031 ANN ST VANCOUVER$1,209,500$1,199,00025-Mar-20191976$1,100,00021-Apr-2019-9.05
4306 WINDSOR ST VANCOUVER$1,388,000$1,398,00015-Apr-20191957$1,395,00023-Apr-20190.50
3248 27TH AVE E VANCOUVER$1,340,200$1,329,90022-Apr-20191973$1,329,00024-Apr-2019-0.84
2940 HORLEY ST VANCOUVER$1,249,500$1,149,00022-Apr-20191942$1,000,00025-Apr-2019-19.97
266 26TH AVE E VANCOUVER$1,429,200$1,199,99912-Apr-20191910$1,199,99925-Apr-2019-16.04
85 23RD AVE E VANCOUVER$1,973,000$2,388,00006-Oct-20171907$1,535,00026-Apr-2019-22.20
5946 HIGHBURY ST VANCOUVER$3,306,800$3,199,00010-Apr-20191938$2,850,00028-Apr-2019-13.81
2839 42ND AVE W VANCOUVER$3,087,000$3,158,00001-Mar-20191995$2,680,00028-Apr-2019-13.18
3757 26TH AVE W VANCOUVER$5,107,000$7,380,00013-Feb-20182018$4,950,00029-Apr-2019-3.07
1891 56TH AVE E VANCOUVER$1,577,900$1,450,00028-Feb-20191950$1,288,00029-Apr-2019-18.37
3849 ST. CATHERINES ST VANCOUVER$1,327,000$1,729,00009-Apr-20191913$1,700,00001-May-201928.11
3561 31ST AVE W VANCOUVER$3,083,600$2,850,00030-Apr-20191927$2,805,00001-May-2019-9.03
3803 26TH AVE W VANCOUVER$5,082,000$6,988,00018-Jan-20182017$5,020,00002-May-2019-1.22
3078 2ND AVE E VANCOUVER$1,725,000$1,699,00029-Apr-20191993$1,760,00002-May-20192.03
2262 44TH AVE E VANCOUVER$1,292,500$1,450,00005-Mar-20181926$1,000,00004-May-2019-22.63
396 39TH AVE E VANCOUVER$1,813,000$1,798,00023-Apr-20191910$1,675,00004-May-2019-7.61

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