Vancouver Realty Online

Vancouver Realty Online presents our Downtown Vancouver Market Update for the period running from December 6 – December 13 courtesy susankeevil.com…

Downtown Attached Market Update December 6 – December 13 :

Attached supply continued to trend downwards this week as we saw 69 confirmed attached listings across Vancouver West with 47 new attached listings or roughly 68% falling in the downtown neighbourhoods.  The high-density downtown proper areas (including Yaletown, Gastown, and the downtown core areas) continued to be the most active listing area with 26 new attached listings, which equates to around 55% of all listing activity downtown.  Coal Harbour showed the lowest supply activity with 4 new attached listings well False Creek North accounted for the secondest largest listing percentage with 9 new attached listings or 18% of downtown listing supply.

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We are proud to present our Westside market reports for the period running from December 6 – December 13 courtesy susankeevil.com…

Westside Vancouver Attached Report December 6 – December 13:

Westside attached supply fell notably for the fourth consecutive week as we saw a sharp decline through December.  There were just 22 new attached listings on the Westside (down from an average of 40 new attached listings through the month) with the Westside accounting for only 32% of the 69 new attached listings across Vancouver West.  The high-density neighbourhoods of Kitsilano and Fairview again posted the highest supply numbers with 5 and 6 new attached listings in each neighbourhood respectively; though those totals are again down from what we’ve seen as quarterly averages through Q4 2010.

Please click HERE for the full article.

Westside Vancouver Detached Report December 6 – December 13:

Detached supply conditions on the Westside remaine static this week (though below our quarterly averages) as we saw 27 new detached listings across the Westside (up slightly from 25 new detached listings in the previous week).  A drop in supply volume during December is not historically unprecedented as many sellers opt to wait until the post-holiday seasons to proceed with all the work associated with listing their homes or investment properties. Dunbar remained a very active listing neighbourhood with 7 new detached listings this week; Cambie was the second most active neighbourhood with 4 new detached listings.

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Happy Holidays and Seasons Greetings from the Susan Keevil and Vancouver Realty Online team. If you haven’t received our Seasonal Newsletter via regular mail services yet, we have also made the PDF available HERE for your convenience. Check out the newsletter for holiday greetings from our staff, a quick early winter market update, and a list of great Christmas and Holiday related activities for you and yours in and around Greater Vancouver!

Vancouver Realty Online presents our Downtown Vancouver Market Update for the period running from November 22 – November 29 courtesy susankeevil.com…

Downtown Attached Market Update November 22 – November 29 :

Confirmed sales volume also trended marginally upwards this week as we saw 103 confirmed attached sales across Vancouver West (up from 96 confirmed attached sales in the previous week).  The downtown markets accounted for just over half of this new listing supply with 52 confirmed detached sales (which equates to around 51% of all attached sales activity across Vancouver West). The downtown core neighbourhoods (including Yaletown, Gastown, and downtown proper) again accounted for the highest amount of attached sales with 24 confirmed transactions, but demonstrated a much higher listing figure then sales figure indicating a market still allowing buyers time and a variety of product to explore. Coal Harbour demonstrated a higher-then-average sales period this past week with 10 confirmed attached sales, well False Creek North continued to bring up the rear in regards to sales volume with 5 confirmed attached sales.  Our sales to listing ratio weakened this week as we saw 52 confirmed attached sales to 82 new attached listings for a saturation rating of 63% (down from 88% in the previous week).

Please click HERE for the full article.