Erica Rendell


What's the market speed in Vancouver's Fairview neighbourhood?

Vancouver's Fairview sales at a glance! June 2016


Price band                          Inventory            Sales                     Sales Ratio

$400,001 – $500,000        36                           48                           100%

$500,001 – $600,000        41                           42                           100%

$600,001- $700,000          56                           49                           88%

$700,001-$800,000           35                           31                           89%


Overall in Fairview there were 59 attached homes listed for sale and there were 58 sales. This is a 98% Sales ratio!


What is sales ratio percent as reported in Fairview?


The speed of which the current inventory of homes are selling.  It is also known as the Sales-to-Active Listing Ratio and defines the official market type.

The formula: sales for the month ./. Active listings (Inventory) = % of Homes Selling Rate in Fairview


Fact: it is a sellers’ market when we have more than 21% sales or greater. We currently have 98% sales ratio across the raider in Fairview so the market is over heated.  



The Most active price band is between $400,000 & $500,000 with average > 100% Sellers Ratio ( Sellers’ Market!)


If you are thinking of selling your Fairview home feel free to call me for a FREE  home evalutaion. 604-724-0725 


The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.