Vancouver Realty Online

We would like to present our  ‘Westside Attached Stat Package‘, for the week of May 25th – June 1st.  New listing numbers rose quite notably this past week as supply moved to match the recent increase in buyer fueled demand.  We saw 116 new attached listings on the Westside this period as opposed to only 58 new attached listings the previous week.  Sales figures continued to demonstrate further growth (as they have for the majority of Quarter 1 2009) moving from 76 to 105 attached sales on the Westside.  General economic health including a rise in commodity prices, easing of credit and debt spreads, as well as a restoration of consumer confidence has driven our modest recovery. Good financing conditions, relative fall in supply, and a more positive overall economic outlooks has led to a notable increase in buyer demand, which is most prevalent in the downtown and Westside attached markets.  We have witnessed a return of the international buyer with a number of individuals from the USA and Asia looking to take advantage of the pre-Olympic lull in pricing, and competitive financing options.

This past week there were 254 new active attached listings in the Vancouver West Region with 116 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 116 new active attached listings on the Westside were distributed as follows:

University (UL) : 12
Southlands (SL) : 1
Shaughnessy (SH) : 1
Quilchena (QU) : 4
Point Grey (PG) : 5
Oakridge (OA) : 1
Marpole (MR) : 5
Mount Pleasant (MP) : 9
Kitsilano (KT): 30
Kerrisdale (KE): 8
False Creek (FC) : 2
Fairview (FA) : 32
Dunbar (DU) : 3
Cambie (CA) : 3

The Westisde neighbourhoods accounted for 116 : 254 or 46% of overall Vancouver West attached new listings from May 25th – June 1st.

This past week there were 213 sold attached listings in the Vancouver West Region with 105 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 105 sold listings on the Westside were distributed as follows:

University (UL) : 8
Shaughnessy (SH) : 2
South Cambie (SC) : 2
Quilchena (QU) : 5
Point Grey (PG) : 3
Oakridge (OA) : 4
Marpole (MR) : 5
Kitsilano (KT) : 33
Kerrisdale (KE) : 9
False Creek (FC) : 5
Fairview (FA) : 26
Dunbar (DU) : 1
Cambie (CA) : 1

The Westside neighbourhoods accounted for 105 : 213 or 49% of overall Vancouver West attached solds from May 25th – June 1st.

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!