Susan’s Blog

REBGV Release : March 2010 Statistics Package and Long-Run Price Graph

Posted by admin on April 22, 2010
Market Reports, Susan's Blog / No Comments

The Real Estate Board of Greater Vancouver presents the Greater Vancouver March 2010 statistics package including monthly sales and listing data plus long-run price and sales figures.REBGV 10 Year Price Graph

The Real Estate Board of Greater Vancouver (REBGV) reports that new listings for detached, attached and
apartment properties in Greater Vancouver totalled 7,004 in March 2010. This represents a 60 per cent increase
compared to March 2009 when 4,385 new units were listed, and a 52.1 per cent increase compared to February
2010 when 4,606 properties were listed on the Multiple Listing Service® (MLS®).

At 13,538, the total number of property listings on the Multiple Listing Service (MLS®) increased 19 per cent
in March compared to last month, but remains 7.6 per cent below this time last year.
“The total number of homes listed for sale on our MLS® is at its highest level in 10 months, which translates
into more options and variety for those looking to buy during the traditionally busy spring period,” Jake Moldowan,
REBGV president said.

Please click HERE for the full report.

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susankeevil.com Westside Attached and Detached Property Update November 23 – December 30

Posted by skeevil on December 03, 2009
Market Reports, Susan's Blog, Westside / No Comments

Vancouver Realty Online is proud to present the susankeevil.com weekly attached and detached property updates for the week running from November 23 – December 30.

Attached Report:

Vancouver West as a whole saw a notable decline in both listing and sales activity this past week with 163 new attached listings compared to 214 new listings in the previous period.  Despite the decline the Westside neighbourhoods remained relatively stable (with the downtown neighbourhoods accounting for much of the fall); as on the Westside we saw 55 new attached listing this week; a slight drop from the 59 in the previous period.

Please click HERE for the full report.

Detached Report

in the Westside detached market continued to tighten this past week with a second consecutive period of decreases.  There cotninues to be a lack of suply in the Kitsilano area, and little has been introduced to the market recently to satiate the demand in the Point Grey, Cambie, and Dunbar neighbourhoods.  This past week we saw the lowest amount of new listings since early 2009 with 23 new detached listings (down from 39 the previous week) on the Westside as all neighbourhoods remained in single digits as far as new listings were concenred.

Please click HERE for the full report.

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Westside Vancouver Detached Property Market Update : October 20th – October 27th

Posted by skeevil on October 26, 2009
Market Reports, Susan's Blog, Westside / No Comments

We would like to present ‘Westside Detached Stat Package’ for the week of October 20th – October 27th.

The Westside Detached market posted low-to-average listing and sales figures for the second consecutive week after posting gains during the first two weeks of October.  Supply numbers continued to trend downwards, moving to 52 new detached active listings in the Vancouver West Region;  down from 55 the previous week. Confirmed sales transactions maintained their Quarter 4 2009 average pace; we saw 46 detached sales (down from the 47 the previous week).  Not surprisingly, sales performance should remain stable through third quarter 2009 prior to a pre-Olympic surge in the late fourth quarter flowing into Q1 2010.   Buyer competition remains especially active in Kitsilano, Dunbar, and Point Grey.  Sharp pricing and the advice of a Realtor remains paramount, however; as over-priced listings tend to struggle in today’s market conditions, with well-priced product moving quite quickly.

Please note if your neighbourhood is not included in the weekly list it indicates there were zero (0) new listings in your area for that period.

The 52 new detached active listings on the Westside were distributed as follows:

Arbutus (AR) : 3
Cambie (CA) : 5
Dunbar (DU) : 3
Kerrisdale (KE) : 4
Kitsilano (KT) : 5
MacKenzie Heights (MH) : 2
Marpole (MR) : 6
Mount Pleasant (MP) : 1
Oakridge (OA) : 1
Quilchena (QU) : 4
South Cambie (SC) : 1
South Granville (SG) : 11
Shaughnessy (SH) : 2
S.W. Marine (SW) : 4

52 total new detached listings on the Westside from October 20th – October 27th.

This past week there were 46 detached sold listings (compared to the 47 sold listings the previous week) in the Vancouver West Region. Please note if your neighbourhood is not included in the weekly list it indicates there were zero (0) sales in your area for that period.

The 46 detached sold listings on the Westside were distributed as follows:

Arbutus (AR) : 3
Cambie (CA) : 4
Dunbar (DU) : 5
Fairview (FA) : 1
Kerrisdale (KE) : 1
Kitsilano (KT) : 5
Mackenzie Heights (MH) : 3
Marpole (MR) : 1
Point Grey (PG) : 3
Quilchena (QU) : 5
South Cambie (SC) : 2
South Granville (SG) : 5
Shaughnessy (SH): 5
University (UL) : 3

46 total detached sales on the Westside from October 20th – October 27th.

New listing supply fell back down to quarterly averages after posting higher-then-average gains through early-October, well sales transactions continued along what we’ve come to identify as ‘average’ through the early Fall periods.   We anticipate a relatively stable market through October prior to a resurgence in the Fall which should carry us through Quarter 4 2009 and the 2010 Winter Olympic Games.

If you are interested in more detailed breakdowns of sales versus listing ratios for your area please do not hesitate to get in touch with us! And remember to visit http://www.vancouverrealtyonline.com for even more real estate updates and info!

Westside resident? Check out http://www.kitsilanoshomes.com for information, and news specific to your neighbourhood!

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Westside Vancouver Attached Property Market Update : October 20th – October 27th

Posted by skeevil on October 26, 2009
Market Reports, Susan's Blog, Westside / No Comments

We would like to present our ‘Westside Attached Stat Package‘, for the week of October 20th – October 27th.   New listing trended downwards for the second straight week on the Westside with 62 new attached listings (down from 86 the previous week), and continued to outpace sales activity in the Westside attached market through mid-October.  Sales transactions recovered after stumbling slightly the week before; with 66 attached sales on the Westside (up from 59 the previous week). Market conditions have demonstrated stability since mid-March and continue to trend upwards with the macro-recovery in regards to global economics.  Of note, sales volume on the Westside actually out-paced sales in the downtown core; with the Westside market accounting for 54% of confirmed sales transactions this past week.  The Bank of Canada continues to state interest rates should remain stable through first quarter 2010 despite what is viewed as more wide-spread economic recovery.

This past week there were 172 new active attached listings in the Vancouver West Region with 62 falling in the Westside neighbourhoods. Please note if your neighbourhood is not included in the weekly list it indicates there were zero (0) new listings in your area for that period.

The 62 new active attached listings on the Westside were distributed as follows:

University (UL) : 16
Shaughnessy (SH) : 1
Point Grey (PG) : 2
Oakridge (OA) : 1
Marpole (MR) : 4
Mount Pleasant (MP) : 2
Kitsilano (KT): 14
Kerrisdale (KE) : 2
False Creek (FC) : 3
Fairview (FA) : 15
Cambie (CA) : 2

The Westisde neighbourhoods accounted for 62 : 172 or 36% of overall Vancouver West attached new listings from October 20th – October 27th.

This past week there were 123 sold attached listings in the Vancouver West Region with 66 (up from 59 last week) falling in the Westside neighbourhoods. Please note if your neighbourhood is not included in the weekly list it indicates there were zero (0) sales in your area for that period.

The 66 sold listings on the Westside were distributed as follows:

University (UL) : 8
South Cambie (SC) : 2
Shaughnessy (SH) : 1
Quilchena (QU) : 3
Point Grey (PG) : 1
Oakridge (OA) : 4
Marpole (MR) : 3
Mount Pleasant (MP) : 1
Kitsilano (KT) : 20
Kerrisdale (KE) : 1
False Creek (FC) : 3
Fairview (FA) : 16
Dunbar (DU) : 2
Cambie (CA) : 1

The Westside neighbourhoods accounted for 66 : 123 or 54% of overall Vancouver West attached solds from October 20th – October 27th.

If you are interested in more detailed breakdowns of sales versus listing ratios for your area please do not hesitate to get in touch with us! And remember to visit http://www.vancouverrealtyonline.com for even more real estate updates and info!

Westside resident? Check out http://www.kitsilanoshomes.com for information, and news specific to your neighbourhood!

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Westside Vancouver Detached Property Market Update : October 13 – October 20

Posted by skeevil on October 19, 2009
Market Reports, Susan's Blog, Westside / No Comments

We would like to present ‘Westside Detached Stat Package’ for the week of October 13th – October 20th.

The Westside Detached market experienced a fall back  in new listings numbers; similar to late-September conditions, after rallying briefly the previous two weeks.  Supply numbers struggled, moving to 55 new detached active listings in the Vancouver West Region;  down from 81 the previous week. Confirmed sales transactions, however; maintained a pace we’ve identified as fairly average over the past two quarters of 2009; we saw 47 detached sales (down from the 48 the previous week).  Not surprisingly, sales performance should remain stable through third quarter 2009 prior to a pre-Olympic surge in the late fourth quarter flowing into Q1 2010.   Buyer competition remains especially active in Kitsilano, Dunbar, and Point Grey.  Sharp pricing and the advice of a Realtor remains paramount, however; as over-priced listings tend to struggle in today’s market conditions, with well-priced product moving quite quickly.

Please note if your neighbourhood is not included in the weekly list it indicates there were zero (0) new listings in your area for that period.

The 55 new detached active listings on the Westside were distributed as follows:

Arbutus (AR) : 6
Cambie (CA) : 6
Dunbar (DU) : 11
Kerrisdale (KE) : 2
Kitsilano (KT) : 5
MacKenzie Heights (MH) : 2
Marpole (MR) : 2
Oakridge (OA) : 2
Point Grey (PG) : 2
Quilchena (QU) : 2
South Granville (SG) : 6
Shaughnessy (SH) : 3
Southlands (SL) : 3
S.W. Marine (SW) : 3

55 total new detached listings on the Westside from October 13th – October 20th.

This past week there were 47 detached sold listings (compared to the 48 sold listings the previous week) in the Vancouver West Region. Please note if your neighbourhood is not included in the weekly list it indicates there were zero (0) sales in your area for that period.

The 47 detached sold listings on the Westside were distributed as follows:

Arbutus (AR) : 3
Cambie (CA) : 2
Dunbar (DU) : 7
Fairview (FA) : 1
Kerrisdale (KE) : 1
Kitsilano (KT) : 3
Mackenzie Heights (MH) : 3
Marpole (MR) : 5
Oakridge (OA) : 2
Point Grey (PG) : 5
Quilchena (QU) : 1
South Cambie (SC) : 1
South Granville (SG) : 7
Shaughnessy (SH): 3
University (UL) : 3

47 total detached sales on the Westside from October 13th – October 20th.

New listing supply experienced a rather dramatic drop across all neighbourhoods this past week, well sales transactions continued along what we’ve come to identify as ‘average’ through the early Fall periods.   We anticipate a relatively stable market through October prior to a resurgence in the Fall which should carry us through Quarter 4 2009 and the 2010 Winter Olympic Games.

If you are interested in more detailed breakdowns of sales versus listing ratios for your area please do not hesitate to get in touch with us! And remember to visit http://www.vancouverrealtyonline.com for even more real estate updates and info!

Westside resident? Check out http://www.kitsilanoshomes.com for information, and news specific to your neighbourhood!

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