We are proud to present our Westside market reports for the period running from November 1 – November 8 courtesy susankeevil.com…
Westside Vancouver Attached Report November 1 – November 8:
Attached supply as a whole decreased across Vancouver West this week with 136 new attached listings (down from 175 new attached listings in the previous recorded period); the Westside markets, however; remained relatively stable with 66 new attached listings or around 49% of all new attached listings (down slightly from 71 new attached listings) indicating the downtown markets accounted for the bulk of the listing decrease. Kitsilano continued to be the most active listing area on the Westside with 17 new attached listings, well Fairview declined slightly to 10 new attached listings this week.
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Westside Vancouver Detached Report November 1 – November 8:
Conversely, we saw a drop in confirmed detached sales on the Westside this week with 27 detached sales across the Westside (down from 46 confirmed sales in the previous period). Cambie remained an attractive neighbourhood for buyers (possibly due to more competitive price conditions) with 5 confirmed detached sales, well Kitsilano and Kerrisdale followed closely behind with 4 detached sales in each neighbourhood respectedly. Dunbar continued to perform slightly below it’s annual averages with 3 confirmed detached sales this week. Our sales to listing ratio regressed this week after performing admirably in the previous period as we saw 27 confirmed detached sales to 45 new detached listings for a rough saturation rating of 60% (down from 112% in the previous week).
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