Vancouver Realty Online

We are proud to present our Westside market reports for the period running from May 17 – May 25 courtesy susankeevil.com…

Westside Vancouver Attached Report May 17 – May 25:

The Westside attached market moved further towards equilibrium this past week as the Westside took a greater market share of confirmed transactions well new attached supply trended downwards for the third consecutive week.  We saw 225 new attached listings across Vancouver West with 100 attached listings or roughly 44% falling in the Westside neighbourhoods.   Kitsilano and Fairview continued to be the most active supply areas with 27 and 23 new attached listings respectively; well on the sales side Kitsilano posted 25 confirmed sales well Fairview came in slightly lower with 15 confirmed attached sales.

On the sales side we saw 146 confirmed transactions across Vancouver West with 76 attached sales (or roughly 52%) falling in the Westside neighbourhoods.  The market moved closer to balance with a ratio of 76 : 100 sales to listings, which represents a 76% saturation rate across the Westside neighbourhoods.

Please click HERE for the full article.

Westside Vancouver Detached Report May 17 – May 25:

New detached listing supply on the Westside trended downwards this week after posting quarterly highs during the first three weeks of May.  We saw 72 new detached listings across the Westside with South Granville and Dunbar leading the way with 9 and 8 new detached listings in each respective neighbourhood. 

Confirmed detached sales transactions also trended downwards, though to a far lesser degree; as we moved closer to equilibrium conditions on the Westside.

Please click HERE for the full article.