Vancouver Realty Online

We are proud to present our Westside market reports for the period running from July 5 – July 12 courtesy susankeevil.com…

Westside Vancouver Attached Report July 5 – July 12:

Attached listing activity demonstrated growth this period with 91 new attached listings across the Westside (up from 72 new attached listings in the previous week); after performing strongly for the past 6-8 weeks the Westside has demonstrated a tilt towards the supply-side with a greater number of listings versus sales. Kitsilano and Fairview continued to be the most active supply neighbourhoods (not surprising considering attached density variables); we saw 23 new attached listings in Kitsilano and 18 new attached listings in Fairview.  As a whole Vancouver West saw 209 new attached listings this past week with the Westside accounting for approximately 44% of new listing supply (a 3% increase from the market share in the previous week). 

The confirmed sales side, on the other hand, continued to trend downwards across the Westside neighbourhoods with 52 confirmed attached sales (down from 61 confirmed transactions in the previous week).  After posting strong sales to listing figures over the past two months the Westside has weakened slightly as we’ve approached the heart of the Summer months.

Please click HERE for the full article.

Westside Vancouver Detached Report July 5 – July 12:

Detached supply across the Westside markets rebounded this past week after trending downwards for two consecutive weeks through the mid-Summer period; we saw 61 new detached listings across the Westside this week (up from 43 detached listings in the previous period).  Point Grey continued to be quite busy on the listing side (and the sales side as well) with 8 new detached listings. Arbutus, Dunbar, and Kerrisdale also demonstrated strong ‘spot’ supply conditions with 7 new detached listings in each neighbourhood respectively.   Kitsilano remained relatively quiet with just 3 new detached listings; though the neighbourhood does tend to take a bit of hiatus in the late-Summer months.

Please click HERE for the full article.

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