Vancouver Realty Online

We would like to present ‘Westside Detached Stat Package’ for the week of April 20th – April 27th.

This past week remained relatively stable, moving from 67 new detached active listings in the Vancouver West Region to 69. 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 69 new detached active listings on the Westside were distributed as follows:

Arbutus (AR) : 4
Cambie (CA) : 7
Downtown (DT) : 1
Dunbar (DU) : 8
Kerrisdale (KE) : 4
Kitsilano (KT) : 4
MacKenzie Heights (MH) : 2
Marpole (MR) : 3
Mount Pleasant (MP) : 1
Point Grey (PG) : 7
Quilchena (QU) : 4
South Cambie (SC) : 1
South Granville (SG) : 10
Southlands (SL) : 2
Shaughnessy (SH) : 6
S.W. Marine (SW) : 2

69 total detached listings on the Westside from April 20th – April 27th.

This past week there were 63 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 63 detached sold listings on the Westside were distributed as follows:

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

63 total detached sales on the Westside from April 20th – April 27th.

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 20th – April 27th.  New listing numbers demonstrated a marginal decrese this past week, moving from 86 new attached listings to 68 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 161 new active attached listings in the Vancouver West Region with 68 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 68 new active attached listings on the Westside were distributed as follows:

University (UL) : 11
Shaughnessy (SH) : 1
South Granville (SG) : 1
South Cambie (SC) : 1
Quilchena (QU) : 3
Point Grey (PG) : 2
Oakridge (OA) : 1
Mount Pleasant (MP) : 1
Marpole (MR) : 6
Kitsilano (KT): 13
Kerrisdale (KE): 5
False Creek (FC) : 6
Fairview (FA) : 16
Cambie (CA) : 1

The Westisde neighbourhoods accounted for 68 : 161 or 42% of overall Vancouver West attached new listings from April 20th – April 27th.

This past week there were 144 sold attached listings in the Vancouver West Region with 65 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 65 sold listings on the Westside were distributed as follows:

University (UL) : 3
South Granville (SG) : 2
Quilchena (QU) : 3
Point Grey (PG) : 3
Mount Pleasant (MP) : 3
Marpole (MR) : 2
Kitsilano (KT) : 17
Kerrisdale (KE) : 3
False Creek (FC) : 2
Fairview (FA) : 10
Cambie (CA) : 3

The Westside neighbourhoods accounted for 65 : 144 or 45% of overall Vancouver West attached solds from April 20th – April 27th.

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 20th to April 27th, 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.  Listing activity continued to stay relatively moderate this Spring, as new product selection fell marginally this past week – new listing supply moved down to 161 from 171, which demonstrated a ~6% decrease.  April and May have historically been quite busy periods for our markets, and we anticipate an increase in both listing and sales activity through early-July prior to a predictable lull in the later summer months.

Listing versus Sales update for April 20th – April 27th

161 new listings in the Vancouver West Region with 93 (58%) falling in the downtown areas (including: West End, Downtown, Coal Harbour, and False Creek North sub-areas).

New Listings Per Sub-Area:

• Downtown Core: 18 (19%)
• Coal Harbour: 14 (15%)
• West End: 48 (52%)
• False Creek North: 13 (14%)

TOTAL : 93

144 total sales in the Vancouver West Region with 77 (53%) falling in the downtown areas.

Sales Per Sub-Area:

• Downtown Core: 14 (18%)
• West End: 14 (18%)
• Coal Harbour: 39 (51%)
• False Creek North: 10 (13%)

TOTAL : 77

Sales volume continued to demonstrate further stability over the first quarter 2009, moving from 116 sales to 144; the number remains well below seasonal norms but has improved notably over the past two months.  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 late-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 [144 : 161] or 89% – very competitive financing options, and a slight drawback on the supply side have led to a much tighter downtown market!

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