Vancouver Realty Online

Courtesy of Coal Harbour’s Condos, Vancouver Realty Online is proud to present the Coal Harbour Quarterly Report for Quarter 1 2011. This report features building specific sale and listing information as well as real estate board economic and market activity reporting!

Sales of apartment properties reached 1,622 in March 2011, a 29.6 per cent increase compared to the 1,252 sales in March 2010 and an increase of 66.2 per cent compared to the 976 sales in March 2009. The benchmark price of an apartment property increased 2.1 per cent from March 2010 to $403.885.

Attached property sales in March 2011 totaled 663, a 20.8 per cent increase compared to the 549 sales in March 2010 and a 69.1 per cent increase from the 392 attached properties sold in March 2009.

The benchmark price of an attached unit increased 3.6 per cent between March 2010 and 2011 to $511,039.

Please click HERE to view the Quarterly Report in it’s entirety via Adobe PDF!

And please head over to susankeevil.com and coalharbourscondos.com for neighbourhood specific information and listings!

We are proud to present our Westside market reports for the period running from May 2nd – May 9th courtesy susankeevil.com…

Westside Vancouver Attached Report May 2nd – May 9th:

The Westside neighbourhoods continued to demonstrate growth on the listing side this week with 126 new attached listings (up from the 116 new attached listings we had seen in the previous period), which accounted for 50% of the overall 252 new attached listings across Vancouver West.  Not surprisingly, high-density Kitsilano and Fairview continued to lead the way on the supply-side with 24 new attached listings in Fairview, and 31 new attached listings in Kitsilano; together these two areas accounted for approximately 45% of all attached listing numbers on the Westside. Other areas also enjoyed strong weeks, including Mount Pleasant with 14 new attached listings (compared to 11 new attached listings last week), and University with 19 new attached listings (as the UBC-centric area continued to enjoy seasonal highs as the school year wraps up with the oncoming Summer months).

Please click HERE for the full article.

Westside Vancouver Detached Report May 2nd – May 9th:

Detached listing activity trended downward after demonstrating large increases last week as we saw 88 new detached listings across the Westside this week (down from 106 new detached listings); though remained above the quarterly lows we saw two weeks ago, thus maintaining some of the listing number gains. Dunbar and Point Grey remained the most active neighorbouhoods amongst sellers with 13 new detached listings in Point Grey (up from 16 new detached listings) and 11 new detached listings in Dunbar (down from 16 new detached listings last week). South Granville also saw an improvement on the supply-side with 12 new detached listings, well areas like Arbutus (6 new detached listings), Kerrsidale (7 new detached listings) saw slight decreases in supply numbers, though remained relatively active.

Please click HERE for the full article.

We are proud to present our Westside market reports for the period running from April 25th – May 2nd courtesy susankeevil.com…

Westside Vancouver Attached Report April 25th – May 2nd:

The Westside neighbourhoods led a supply-based charge this week as attached listings surged upwards compared to what we had seen previously.  The Westside areas posted 116 new attached listings this week (up from 62 new attached listings), which accounted for 52% of the overall 226 new attached listings we saw across Vancouver West (up from the 45% ratio we saw last week). Fairview and Kitsilano continued to lead the way on the supply-side with high-density variables lending a degree of choice to buyers, well their central locations continued to be a big draw.  We saw 32 new attached listings in Fairview this week (up from 20 new attached listings) and 26 new attached listings in Kitsilano (up significantly from the 7 new attached listings we saw last week). University, a traditionally seasonal neighbourhood, continued to also post relatively strong supply figures with 14 new attached listings, well Mount Pleasant also had favorable supply results with 11 new attached listings this week.

Please click HERE for the full article.

Westside Vancouver Detached Report April 25th – May 2nd:

Detached sales volumes also posted signficant gains on the Westside this week as we saw 61 confirmed detached sales (up from the 29 confirmed detached sales registered previously), which marked a return to a more average range we’ve been familiar with through February and March. Quilchena had quite a busy week after being quiet earlier in March, as we saw 10 confirmed detached sales in the neighbourhood (after seeing no [zero] sales in the previous week). Kerrisdale also continued to post relatively strong sales numbers with 8 confirmed detached sales this period (up slightly from 7 confirmed detached sales).  Traditionally popular neighbourhoods like Dunbar (5 confirmed detached sales), Kitsilano (4 confirmed detached sales), Cambie (4 confirmed detached sales), and Shaughnessy (5 confirmed detached sales) posted average to slightly sub-average sales volumes this week.  Our sales to listing ratio strengthened this week on the back of improved sales figures as we saw 61 confirmed detached sales to 106 new detached listings for a saturation rating of approximately 56% this week (up from the 47% we saw previously; though below our March high of around 70%).

Please click HERE for the full article.

The Real Estate Board of Greater Vancouver presents the Greater Vancouver April 2011 statistics package including monthly sales and listing data plus long-run price and sales figures.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties in Greater Vancouver reached 3,225 in April 2011, an 8.2 per cent decrease compared to the 3,512 sales in April 2010 and a 21 per cent decline compared to the 4,080 sales in March 2011.

Looking back further, last month’s residential sales represent an 8.8 per cent increase over the 2,963 residential sales in April 2009, relatively unchanged compared to April 2008, and a 4.8 per cent decline compared to the 3,387 sales in April 2007.

“While it continues to be a seller’s market in Greater Vancouver, last month’s activity brought greater balance between supply and demand in the overall marketplace,” Rosario Setticasi, REBGV president said. “The year-over-year decline in April sales can be attributed to a less active condominium market on our MLS®, as there were more detached and townhome sales this April compared to last year.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,847 in April 2011. This represents a 23.5 per cent decline compared to April 2010 when 7,648 properties were listed for sale on the MLS®, which was an all-time record for April. Compared to March 2011, last month’s new listings total registered a 14 per cent decline.

At 14,187, the total number of residential property listings on the MLS® increased 8.2 per cent in April compared to last month and declined 10 per cent from this time last year.

“There’s considerable variation in activity within the communities in our region. This is causing home price trends to differ depending on the area,” Setticasi said. “Your local REALTOR® is a valuable resource for obtaining the most accurate, up-to-date market evaluation.”

Please click HERE for the full report.