Since 2009 SnapStats has helped indicate the speed and type of market (Seller, Buyer or Balanced Market.) We also help identify the Buyer pockets, Seller pockets and month to month variances for Active Listings, Solds, Sale Price, SP/LP, DOM and Price per SQFT. Our reports are personalized on each and every page with your name and contact information for ease of referrals by your client and contact lists. Download our FREE sample report to learn more.
Metro Vancouver Report Edition includes:
Greater Vancouver Report Edition includes:
Fraser Valley Report Edition
South Surrey/White Rock
The Sales Ratio % column is based on the Sales-to-Active listings ratio which is indicative of the likely market type and speed of which homes are selling. For example, a 100% Sales Ratio means 10 in 10 homes selling rate (Market Type Indicator: Seller’s market); a 10% Sales Ratio means 1 in 10 homes selling rate (Market Type Indicator: Buyer’s market) and a 19% Sales Ratio means 2 out of 10 homes selling rate (Market Type Indicator: Balanced market.) See chart below. Our monthly YTD reports provided sustained and defined periods of the Sales Ratio %.
The Sales Ratio % is ideal for your listing presentations, buyer appointments, offer presentations, and Seller price reduction meetings to educate your clients on the likely current market conditions empowering them to make smarter decisions.
The guidelines for determining the indicative market type is as follows and as as per your local real estate board.
|Sellers||21% plus||21% plus|
|Balanced||12 – 20%||12 – 20%|
|Buyers||0 – 11%||0 – 11%|
Example: 10% means 1 in 10 homes selling rate (indicative of a Buyers market.)
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Yes all communities as defined by your local real estate board are included for each geographic area.
Our data in whole or in part is drawn from the related Real Estate Board.
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Real estate pricing deals with the valuation of real estate and all the standard methods of determining the price of fixed assets apply. The median home price is one of the most common measurements used to compare real estate prices in different markets, areas and periods. It is said to be less biased than the mean (average) price since it is not as heavily influenced by small numbers of very highly priced home sales, or extraordinarily low priced home sales. SnapStats therefore subscribes to the principle of median measurements for data reporting purposes.
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