Vancouver Realty Online

We would like to present our ‘Westside Attached Stat Package‘, for the week of October 20th – October 27th.   New listing trended downwards for the second straight week on the Westside with 62 new attached listings (down from 86 the previous week), and continued to outpace sales activity in the Westside attached market through mid-October.  Sales transactions recovered after stumbling slightly the week before; with 66 attached sales on the Westside (up 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.  Of note, sales volume on the Westside actually out-paced sales in the downtown core; with the Westside market accounting for 54% of confirmed sales transactions this past week.  The Bank of Canada continues to state interest rates should remain stable through first quarter 2010 despite what is viewed as more wide-spread economic recovery.

This past week there were 172 new active attached listings in the Vancouver West Region with 62 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 62 new active attached listings on the Westside were distributed as follows:

University (UL) : 16
Shaughnessy (SH) : 1
Point Grey (PG) : 2
Oakridge (OA) : 1
Marpole (MR) : 4
Mount Pleasant (MP) : 2
Kitsilano (KT): 14
Kerrisdale (KE) : 2
False Creek (FC) : 3
Fairview (FA) : 15
Cambie (CA) : 2

The Westisde neighbourhoods accounted for 62 : 172 or 36% of overall Vancouver West attached new listings from October 20th – October 27th.

This past week there were 123 sold attached listings in the Vancouver West Region with 66 (up 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 66 sold listings on the Westside were distributed as follows:

University (UL) : 8
South Cambie (SC) : 2
Shaughnessy (SH) : 1
Quilchena (QU) : 3
Point Grey (PG) : 1
Oakridge (OA) : 4
Marpole (MR) : 3
Mount Pleasant (MP) : 1
Kitsilano (KT) : 20
Kerrisdale (KE) : 1
False Creek (FC) : 3
Fairview (FA) : 16
Dunbar (DU) : 2
Cambie (CA) : 1

The Westside neighbourhoods accounted for 66 : 123 or 54% of overall Vancouver West attached solds from October 20th – October 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!