Vancouver Realty Online

We are proud to present our Westside market reports for the period running from April 18th – April 25th courtesy susankeevil.com…

Westside Vancouver Attached Report April 18th – April 25th:

Following the macro trending across Vancouver West, the Westside attached markets witnessed a sharp decline in attached supply conditions this week as we saw 62 new attached listings across the Westside (down from the 117 new attached listings we saw previously), which equated to roughly 45% of the overall 137 new attached listings across Vancouver West (down from the 51% we saw last week). Kitsilano had a notably slow week on the listing side with just 7 new attached listings this week (down from 32 new attached listings previously), well Fairview remained relatively strong with 20 new attached listings (down from 22 new attached listings last week).  University also continued to be a prominant area on the listing side with 11 new attached listings this past week.

Please click HERE for the full article.

Westside Vancouver Detached Report April 18th – April 25th:

Confirmed detached sales volume on the Westside continued a sharp downward decline this week (for the third consecutive period) as we saw 29 confirmed detached sales across the Westside (down from the 56 confirmed detached sales we saw previously). Arbutus, Kerrisdale and Point Grey continued to be popular areas amongst buyers with 5 confirmed detached sales in each neighbourhood respectively.  Dubar had a surprisingly weak showing with just 2 confirmed detached sales this week, well all other neighbourhoods remained in the single digit quantities on the ales side.  Our sales to listing ratio tilted towards the buyers side this week due to poor sales figures as we saw 29 confirmed detached sales to 62 new detached listings for a 47% saturation rating on the Westside (down from 70% last week).

Please click HERE for the full article.