Vancouver Realty Online

We would like to present ‘Westside Detached Stat Package’ for the week of April 6th – April 13th.

This past week remained relatively stable, moving from 50 new detached active listings in the Vancouver West Region to 54. Please note if your neighbourhood is not included in the weekly list it indicates there were zero (0) new listings in your area for that period.

The 50 new detached active listings on the Westside were distributed as follows:

Arbutus (AR) : 2
Cambie (CA) : 1
Dunbar (DU) : 8
Fairview (FA) : 1
Kerrisdale (KE) : 9
Kitsilano (KT) : 6
MacKenzie Heights (MH) : 1
Marpole (MR) : 5
Point Grey (PG) : 3
Quilchena (QU) : 4
South Granville (SG) : 2
Southlands (SL) : 2
Shaughnessy (SH) : 7
S.W. Marine (SW) : 1
University (UL) : 2

54 total detached listings on the Westside from April 6th – April 13th.

This past week there were 37 detached sold listings in the Vancouver West Region. Please note if your neighbourhood is not included in the weekly list it indicates there were zero (0) sales in your area for that period.

The 34 detached sold listings on the Westside were distributed as follows:

Arbutus (AR) : 1
Cambie (CA) : 3
Dunbar (DU) : 4
Kerrisdale (KE) : 5
Kitsilano (KT) : 3
MacKenzie Heights (MH) : 2
Oakridge (OA) : 1
Point Grey (PG) : 3
South Granville (SG) : 4
Shaughnessy (SH) : 1
South Cambie (SC) : 5
S.W. Marine (SW) : 1
Southlands (SL) : 2

34 total detached sales on the Westside from April 6th – April 13th.

If you are interested in more detailed breakdowns of sales versus listing ratios for your area please do not hesitate to get in touch with us! And remember to visit http://www.vancouverrealtyonline.com for even more real estate updates and info!

Westside resident? Check out http://www.kitsilanoshomes.com for information, and news specific to your neighbourhood!

Vancouver Realty Online would like to present our  ‘Westside Attached Stat Package‘, for the week of April 6th – April 13th.  New listing numbers increased marginally this past week, moving from 64 new attached listings to 66 on the Westside.  Sales figures remained quite stable as we continue to experience a resurgence in buyer activity, and are hoping to see a continued rise in sales volume over the next four weeks as price depreciation, and favorable financing options start to take hold.

This past week there were 124 new active attached listings in the Vancouver West Region with 66 falling in the Westside neighbourhoods. Please note if your neighbourhood is not included in the weekly list it indicates there were zero (0) new listings in your area for that period.

The 66 new active attached listings on the Westside were distributed as follows:

University (UL) : 9
S.W. Marine (SW) : 1
Shaughnessy (SH) : 1
South Granville (SG) : 1
South Cambie (SC) : 2
Quilchena (QU) : 1
Point Grey (PG) : 1
Mount Pleasant (MP) : 4
Marpole (MR) : 1
Kitsilano (KT): 20
Kerrisdale (KE): 3
False Creek (FC) : 1
Fairview (FA) : 20
Cambie (CA) : 1

The Westisde neighbourhoods accounted for 66 : 124 or 53% of overall Vancouver West attached new listings from April 6th – April 13th.

This past week there were 104 sold attached listings in the Vancouver West Region with 46 falling in the Westside neighbourhoods. Please note if your neighbourhood is not included in the weekly list it indicates there were zero (0) sales in your area for that period.

The 46 sold listings on the Westside were distributed as follows:

University (UL) : 6
Southland (SL) : 1
South Granville (SG) : 1
Quilchena (QU) : 2
Oakridge (OA) : 1
Marpole (MR) : 7
Kitsilano (KT) : 17
Kerrisdale (KE) : 2
False Creek (FC) : 1
Fairview (FA) : 14
Dunbar (DU) : 1
Cambie (CA) : 1

The Westside neighbourhoods accounted for 54 : 104 or 52% of overall Vancouver West attached solds from April 6th – April 13th.

If you are interested in more detailed breakdowns of sales versus listing ratios for your area please do not hesitate to get in touch with us! And remember to visit http://www.vancouverrealtyonline.com for even more real estate updates and info!

Westside resident?  Check out http://www.kitsilanoshomes.com for information, and news specific to your neighbourhood!

We have compiled sales and listings statistics for the period running from April 6th to April 13th, and released them in this easy to read format! If you have any further questions or require more detail please get in touch with us. Entrance level buyers continued to actively browse the market as showing activity again increased this week, and sales remained at a higher benchmark as we move into early Spring.  New listing supply dipped this past week (down to 124 from 155 or 20%).  April and May have historically been quite busy periods for our markets, and we anticipate an increase in both listing and sales activity in the next 60 days.

Listing versus Sales update for April 6th – April 13th

124 new listings in the Vancouver West Region with 58 (59%) falling in the downtown areas (including: West End, Downtown, Coal Harbour, and False Creek North sub-areas).

New Listings Per Sub-Area:

• Downtown Core: 24 (41%)
• Coal Harbour: 11 (19%)
• West End: 17 (30%)
• False Creek North: 6 (10%)

TOTAL : 58

104 total sales in the Vancouver West Region with 51 (49%) falling in the downtown areas.

Sales Per Sub-Area:

• Downtown Core: 32 (63%)
• West End: 12 (24%)
• Coal Harbour: 4 (8%)
• False Creek North: 3 (5%)

TOTAL : 51

Sales continued their relatively strong performance over the first quarter 2009, moving from 97 sales to 104; the number remains well below seasonal norms but has improved notably over the past 12 weeks.  Of note is the continual movement of the downtown market towards equilibrium as sales versus new listings have now moved very close to a 1 : 1 ratio;  indicating improving market fundamentals.  We expect stronger sales movement to continue through mid-Spring.   As stated previously there has been an influx of buyer activity over the past month and a half, as more individuals seem to be looking at price depreciation and favorable mortgage conditions. The sales to listing ratio also remained strong this past week sitting at [124 : 104] or 84% – with market equilibrium, and the bottom of the current housing recession now in sight!

If you have any questions about specific figures or activity in your neighbourhood please do not hesitate to give us a call! And remember to visit www.vancouverrealtyonline.com for up to date statistics, new listings, and all relevant real estate news!

Vancouver Realty Online