Vancouver Realty Online

Vancouver Realty Online presents our Downtown Vancouver Market Update for the period running from January 25- February 2 courtesy susankeevil.com…

Downtown Attached Market Update January 25 – February 2 :

New listing numbers tailed off this past week after posting positive numbers in the two previous periods; we saw 213 new attached listings in Vancouver West this past week (compared to 273 in the previous week).  The downtown neighbourhood continued to account for just over half of the new listing supply with 114 new attached listings (down from 153 in the previous week) or 54% of total new attached supply over Vancouver West.

Please click HERE for the full article.

We are proud to present our Westside market reports for the period running from January 25 - February 2 courtesy susankeevil.com…

Westside Vancouver Attached Report January 25 – February 2 :

The Westside neighbourhoods continued to demonstrate strong sales trends this period as confirmed sales transactions posted higher average numbers for the third consecutive week.  Vancouver West as a whole saw 139 confirmed sales (compared to 83 in the previous week) with the Westside neighbourhoods accounting for 48 confirmed transactions or 36% of all attached sales in Vancouver West (up from 25 in the period running fom January 18th – January 25th).  Kitsilano continued to lead the way with 15 confirmed sales or approximately 31% of all Westside attached transactions. 

Please click HERE for the full article.

Westside Vancouver Detached Report Jan 25 - February 2 :

Despite strong demand in many areas (notably Dunbar, Point Grey, and Arbutus) our sales to listing ratio remains skewed towards the supply side with a sales to listings ratio of 37 : 84 or a 44% saturation rate. It is important to look at the placement of the sales activity, however; as we see outliers like South Granville where we witnessed 17 new detached listings to only 1 detached sale as buyers continue to focus on core markets, and are tentative to move further south from the city centre.

Please click HERE for the full article.