Archive for September, 2009

Westside Vancouver Detached Property Market Update : September 21st – September 28th

Posted by skeevil on September 30, 2009
Market Reports, Susan's Blog, Westside / No Comments

We would like to present ‘Westside Detached Stat Package’ for the week of September 21st – September 28th.

The Westside Detached market saw a continual firming up of sales conditions as confirmed sales volume demonstrated positive growth for the second straight period after three weeks of below average performance to end August and begin September.  Supply numbers improved slightly, moving to 90 new detached active listings in the Vancouver West Region;  up from 80 the previous week. We saw 58 detached sales (up from the 50 the previous week).  Not surprisingly, performance should remain relatively static through third quarter 2009 prior to a pre-Olympic surge in the late fourth quarter flowing into Q1 2010.   Buyer competition remains especially active in Kitsilano, Dunbar, and Point Grey.  As such, it may be a solid time to consider listing your home if you have been thinking about proceeding with a sale.   Supply conditions in Kitsilano, Dunbar, and South Granville was quite active this past week as market stability returns.

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

Arbutus (AR) : 6
Cambie (CA) : 7
Dunbar (DU) : 8
Kerrisdale (KE) : 2
Kitsilano (KT) : 10
MacKenzie Heights (MH) : 2
Marpole (MR) : 3
Oakridge (OA) : 3
Point Grey (PG) : 10
Quilchena (QU) : 7
South Cambie (SC) : 1
South Granville (SG) : 15
Shaughnessy (SH) : 4
Southlands (SL) : 4
S.W. Marine (SW) : 6

90 total new detached listings on the Westside from September 21 – September 28.

This past week there were 58 detached sold listings (compared to the 50 sold listings the previous week) 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 58 detached sold listings on the Westside were distributed as follows:

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

58 total detached sales on the Westside from September 21 – September 28.

New listing supply ended on a relatively strong note, well sales transactions trended upwards after struggling through early September.  The mid-to-late Summer months tend to be particularly low-periods for the detached markets due to social factors (ie / summer vacation, etc.) and thus we anticipate a relatively stable market through October prior to a resurgence in the Fall which should carry us through Quarter 4 2009 and the 2010 Winter Olympic Games.

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!

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Westside Vancouver Attached Property Market Update : September 21st – September 28th

Posted by skeevil on September 30, 2009
Market Reports, Susan's Blog, Westside / No Comments

We would like to present our  ‘Westside Attached Stat Package‘, for the week of  September 21st – September 28th.  New listing supply rose for the third consecutive week,  and continued to outpace sales activity in the Westside attached market during the late-September period.  We saw 130 new attached listings on the Westside this period;  up from 90 the previous week.  Sales transactions experienced a recovery this past week, but remained behind new listings; with 75 attached sales on the Westside (down from 49 the previous week).   Market conditions have demonstrated stability since mid-March and continue to trend upwards with the macro-recovery in regards to global economics.   In following with the regular Vancouver market cycles we should see the market begin to pickup as the Autumn season sets in, and consumers get back to business.

This past week there were 286 new active attached listings in the Vancouver West Region with 130 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 130 new active attached listings on the Westside were distributed as follows:

University (UL) : 21
S.W. Marine (SW) : 2
Shaughnessy (SH) : 1
South Granville (SG) : 1
South Cambie (SC) : 2
Quilchena (QU) : 3
Point Grey (PG) : 3
Marpole (MR) : 1
Mount Pleasant (MP) : 1
Kitsilano (KT): 36
Kerrisdale (KE): 5
False Creek (FC) : 10
Fairview (FA) : 36
Dunbar (DU) : 4
Cambie (CA) : 4

The Westisde neighbourhoods accounted for 130 : 286 or 45% of overall Vancouver West attached new listings from September 21st – September 28th.

This past week there were 165 sold attached listings in the Vancouver West Region with 75 (up from 49 last week) 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 75 sold listings on the Westside were distributed as follows:

University (UL) : 14
S.W. Marine (SW) : 2
South Granville (SG) : 1
Quilchena (QU) : 2
Point Grey (PG) : 1
Oakridge (OA) : 1
Marpole (MR) : 7
Mount Pleasant (MP) : 3
Kitsilano (KT) : 18
Kerrisdale (KE) : 3
False Creek (FC) : 3
Fairview (FA) : 18
Dunbar (DU) : 1

The Westside neighbourhoods accounted for 75 : 165 or 46% of overall Vancouver West attached solds from September 21st – September 28th. You’ll notice the most noted improvements in both sales and listing activity in the Kitsilano and Fairview neighbourhoods as they demonstrated more ‘regular’ listing and sales activity after a mediocre performance in the previous period.

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!

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Westside Vancouver Detached Property Market Update : September 15th – September 21st

Posted by skeevil on September 20, 2009
Market Reports, Susan's Blog, Westside / No Comments

We would like to present ‘Westside Detached Stat Package’ for the week of September 15th – September 21st.

The Westside Detached market saw a firming up of sales conditions as confirmed transaction volume rose significantly after three weeks of below average performance to end August and begin September.  Supply numbers remain steady, moving to 80 new detached active listings in the Vancouver West Region;  up from 79 the previous week. We saw 50 detached sales (up more then 50% from the 21 the previous week).  Not surprisingly, performance should remain relatively static through third quarter 2009 prior to a pre-Olympic surge in the late fourth quarter flowing into Q1 2010.   Buyer competition remains especially active in Kitsilano, Dunbar, and Point Grey.  As such, it may be a solid time to consider listing your home if you have been thinking about proceeding with a sale.   The demand is especially acute in Kitsilano where supply has definitely tailed off – especially in the Kits Point areas, and other sectors north of W 4th Ave.  Late summer tends to be a rather ‘down time’ for our detached markets due to family vacations, and relativly instability prior to the onset of the school year in September.

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

Arbutus (AR) : 6
Cambie (CA) : 4
Dunbar (DU) : 10
Kerrisdale (KE) : 4
Kitsilano (KT) : 10
MacKenzie Heights (MH) : 4
Marpole (MR) : 5
Oakridge (OA) : 2
Point Grey (PG) : 5
Quilchena (QU) : 6
South Granville (SG) : 7
Shaughnessy (SH) : 6
Southlands (SL) : 3
S.W. Marine (SW) : 3
University (UL) : 3

80 total new detached listings on the Westside from September 15 – September 21.

This past week there were 50 detached sold listings (compared to the 21 sold listings the previous week) 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 50 detached sold listings on the Westside were distributed as follows:

Arbutus (AR) : 1
Cambie (CA) : 2
Dunbar (DU) : 7
Kerrisdale (KE) : 4
Kitsilano (KT) : 4
Mackenzie Heights (MH) : 3
Marpole (MR) : 4
Point Grey (PG) : 10
Quilchena (QU) : 1
South Cambie (SC) : 2
South Granville (SG) : 8
Shaughnessy (SH): 3
Southlands (SL) : 1

50 total detached sales on the Westside from September 15 – September 21.

New listing supply ended on a relatively strong note, well sales transactions trended upwards after struggling through early September.  The mid-to-late Summer months tend to be particularly low-periods for the detached markets due to social factors (ie / summer vacation, etc.) and thus we anticipate a relatively stable market through October prior to a resurgence in the Fall which should carry us through Quarter 4 2009 and the 2010 Winter Olympic Games.

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!

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Westside Vancouver Attached Property Market Update : September 15th – September 21st

Posted by skeevil on September 20, 2009
Market Reports, Susan's Blog, Westside / No Comments

We would like to present our  ‘Westside Attached Stat Package‘, for the week of  September 15th – September 21st.  New listing supply remained strong for the second consecutive week in most neighbourhoods, and continued to outpace sales activity in the Westside attached market during the mid-September period.  We saw 94 new attached listings on the Westside this period;  the same number as last week.  Sales transactions stumbled slightly after trending upwards last week, and remained behind new listings; with 49 attached sales on the Westside (down from 59 the previous week).   Market conditions have demonstrated stability since mid-March and continue to trend upwards with the macro-recovery in regards to global economics.   In following with the regular Vancouver market cycles we should see the market begin to pickup as the Autumn season sets in, and consumers get back to business.

This past week there were 219 new active attached listings in the Vancouver West Region with 94 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 94 new active attached listings on the Westside were distributed as follows:

University (UL) : 9
S.W. Marine (SW) : 1
Southlands (SL) :1
Shaughnessy (SH) : 2
South Cambie (SC) : 1
Quilchena (QU) : 3
Oakridge (OA) : 1
Marpole (MR) : 7
Mount Pleasant (MP) : 11
Kitsilano (KT): 25
Kerrisdale (KE): 7
False Creek (FC) : 3
Fairview (FA) : 20
Dunbar (DU) : 1
Cambie (CA) : 2

The Westisde neighbourhoods accounted for 94 : 219 or 43% of overall Vancouver West attached new listings from September 15th – September 21st.

This past week there were 136 sold attached listings in the Vancouver West Region with 49 (down from 59 last week) 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 49 sold listings on the Westside were distributed as follows:

University (UL) : 3
Southlands (SL) :2
Shaughnessy (SH) : 3
South Granville (SG) : 1
Quilchena (QU) : 2
Marpole (MR) : 2
Mount Pleasant (MP) : 2
Kitsilano (KT) : 16
Kerrisdale (KE) : 1
False Creek (FC) : 2
Fairview (FA) : 12
Cambie (CA) : 3

The Westside neighbourhoods accounted for 49 : 136 or 36% of overall Vancouver West attached solds from September 15th – September 21st. You’ll notice the most noted improvements in both sales and listing activity in the Kitsilano and Fairview neighbourhoods as they demonstrated more ‘regular’ listing and sales activity after a mediocre performance in the previous period.

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!

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Westside Vancouver Detached Property Market Update : September 8th – September 15th

Posted by skeevil on September 16, 2009
Market Reports, Susan's Blog, Westside / No Comments

We would like to present ‘Westside Detached Stat Package’ for the week of September 1st – September 8th.

The Westside Detached market demonstrated rather sluggish sales figures for the third consecutive week as supply of product in certain neighbourhoods remains low.  During the second week of September,  supply numbers moved to 79 new detached active listings in the Vancouver West Region;  up from 63 the previous week. We saw 21 detached sales (down from 40 the previous week).  This marks yet another drop in sales activity. Not surprisingly, performance should remain relatively static through third quarter 2009 prior to a pre-Olympic surge in the late fourth quarter flowing into Q1 2010.   Buyer competition remains especially active in Kitsilano, Dunbar, and Point Grey.  As such, it may be a solid time to consider listing your home if you have been thinking about proceeding with a sale.   The demand is especially acute in Kitsilano where supply has definitely tailed off – especially in the Kits Point areas, and other sectors north of W 4th Ave.  Late summer tends to be a rather ‘down time’ for our detached markets due to family vacations, and relativly instability prior to the onset of the school year in September.

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

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

78 total new detached listings on the Westside from September 8 – September 15.

This past week there were 21 detached sold listings (another drop compared to the 40 sold listings the previous week) 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 21 detached sold listings on the Westside were distributed as follows:

Arbutus (AR) : 5
Cambie (CA) : 1
Dunbar (DU) : 1
Kitsilano (KT) : 2
Mackenzie Heights (MH) : 3
Marpole (MR) : 2
Oakridge (OA) : 1
South Granville (SG) : 3
Shaughnessy (SH) : 2
University (UL) : 1

21 total detached sales on the Westside from September 8 – September 15.

New listing supply ended on a relatively strong note, well we saw a notable drop off in confirmed sales in the second week of September.  The mid-to-late Summer months tend to be particularly low-periods for the detached markets due to social factors (ie / summer vacation, etc.) and thus we anticipate a relatively stable market through October prior to a resurgence in the Fall which should carry us through Quarter 4 2009 and the 2010 Winter Olympic Games.

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!

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