Vancouver Realty Online

We would like to present ‘Westside Detached Stat Package’ for the week of October 8th – October 13th.

The Westside Detached market saw a continual firming up of sales conditions as solid numbers from the last week of September carried into the first two weeks of October.  Supply numbers remained quite static, moving to 81 new detached active listings in the Vancouver West Region;  down from 90 the previous week. We saw 48 detached sales (down from the 58 the previous week).  Not surprisingly, performance should remain stable 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 were quite active this past week as the market remained relatively stable.

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

Arbutus (AR) : 4
Cambie (CA) : 6
Dunbar (DU) : 11
Kerrisdale (KE) : 3
Kitsilano (KT) : 10
MacKenzie Heights (MH) : 2
Marpole (MR) : 7
Oakridge (OA) : 3
Point Grey (PG) : 9
Quilchena (QU) : 4
South Cambie (SC) : 3
South Granville (SG) : 8
Shaughnessy (SH) : 4
Southlands (SL) : 1
S.W. Marine (SW) : 4
University (UL) : 2

81 total new detached listings on the Westside from October 8th – October 13th.

This past week there were 48 detached sold listings (compared to the 58 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 48 detached sold listings on the Westside were distributed as follows:

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

48 total detached sales on the Westside from October 8th – October 13th.

New listing supply ended on a relatively strong note, well sales transactions continued along what we’ve come to identify as ‘average’ through the early Fall periods.  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!

We would like to present our ‘Westside Attached Stat Package‘, for the week of October 8th – October 13th. New listing supply remained strong on the Westside this past week with 114 new attached listings (up from 75 the previous week), and continued to outpace sales activity in the Westside attached market during the early-October period. Sales transactions also trended upward this past week, but remained behind new listings; with 84 attached sales on the Westside (up from 75 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 290 new active attached listings in the Vancouver West Region with 114 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 114 new active attached listings on the Westside were distributed as follows:

University (UL) : 18
Southlands (SL) : 1
Shaughnessy (SH) : 1
South Cambie (SC) : 2
Quilchena (QU) : 4
Point Grey (PG) : 1
Oakridge (OA) : 3
Marpole (MR) : 3
Mount Pleasant (MP) : 3
Kitsilano (KT): 35
Kerrisdale (KE): 10
False Creek (FC) : 6
Fairview (FA) : 23
Dunbar (DU) : 3
Cambie (CA) : 1

The Westisde neighbourhoods accounted for 114 : 290 or 39% of overall Vancouver West attached new listings from October 8th – October 13th.

This past week there were 173 sold attached listings in the Vancouver West Region with 84 (up from 75 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 84 sold listings on the Westside were distributed as follows:

University (UL) : 9
South Granville (SG) : 1
Quilchena (QU) : 3
Point Grey (PG) : 1
Oakridge (OA) : 1
Marpole (MR) : 3
Mount Pleasant (MP) : 1
Kitsilano (KT) : 33
Kerrisdale (KE) : 6
False Creek (FC) : 4
Fairview (FA) : 18
Dunbar (DU) : 1
Cambie (CA) : 3

The Westside neighbourhoods accounted for 84 : 173 or 49% of overall Vancouver West attached solds from October 8th – October 13th. Fairview and Kitsilano continued to lead the way in both new listing supply and confirmed sales transactions.

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!