Real Estate Market Statistics To Help You Make
Better Decisions Regarding Your Home Sale Or Purchase
Whether you're selling or planning to sell your house or you're searching for your dream home, knowing the following information will help you make better decisions:
The number of properties for sale in your area or the region in which you want to purchase your next home.
The number of new properties that came on the market during the past week.
The number of properties that came off the market because the listings expired.
The average and median list prices, sold prices, price per square foot, the number of days on market, the sale-to-list ratios, the interior size, lot size, the number of bedrooms and bathrooms, the property taxes, and the maintenance fees for condos and townhouses. You can compare stats for two cities, neighbourhoods, postal codes, price ranges, or property types, allowing you to determine which one gives you the biggest bang for your buck.
The number of days, weeks, or months required to sell the current inventory at the present pace of sale in your city, area, or postal code. (If you're a real estate agent, you may recognize this as the absorption rate, which you can use to price your listings more accurately.)
The real estate trends and the type of market that's happening in your location or desired location, such as a buyer's, a seller's, or a balanced market.
If you're selling your property, whether through a real estate agent or on your own, you can use these stats to determine whether your price is competitive. If you're buying a home, you can figure out whether your offer price is fair.
Right now, we provide stats for only Metro Vancouver and the Fraser Valley in BC, Canada. As more real estate agents join our network, we'll offer data for other Canadian and American cities.
To view the stats, select the type of property and the region and click the Generate Stats button. Depending on your search criteria, your internet connection, your computer's processing power, and the number of people on our website at that moment, it may take up to 60 seconds to display the results.
If you're accessing our site from your iPhone, BlackBerry, Android, or another smart phone over a cellular network, it will take longer to process your request. If you find the pages take too long to load, visit our site when you have wi-fi or when you're using your desktop or laptop computer. You can email yourself the link of this page to remind you to check out our site later. These statistics will help you understand the real estate market in your area better than many agents.
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