realestate

Downtown Vancouver Attached Property Market Update : January 12th – 19th

Posted by skeevil on January 20, 2009
Coal Harbour, Downtown, False Creek North & Yaletown, Market Reports / No Comments

We have compiled sales and listings statistics for the period running from January 12th to January 19th, and released them in this easy to read format!  If you have any further questions or require more detail please get in touch with us.  New listing figures continued to carry a post-holiday momentum, and consumer confidence remains the key issue as sales volumes stay well below seasonal averages.

Listing versus Sales update for January 12 – January 19

250 new listings in the Vancouver West Region with 150 (60%) falling in the downtown areas (including: West End, Downtown, Coal Harbour, and False Creek North sub-areas).

New Listings Per Sub-Area:

TOTAL : 150

44 total sales in the Vancouver West Region with 26 (59%) falling in the downtown areas.

Sales Per Sub-Area:

TOTAL : 26

The influx of post-holiday listings continues this week as we believe it will through February.  Sales volume continues to lag leaving us with an over-abundance of listings on the market with relatively minimal buyer response.  Sales were up 59% (44 to the past weeks 27), but the number remains well below seasonal norms.  We can only hope consumer confidence issues ease somewhat, and allow for a greater amount of transactions.  The sales to listing ratio rises a single percent to [44 : 250] or 17%.  Of those sales the majority of product moved in the $300,000 to $600,000 price bracket.  New listing continued their return to pre-holiday levels.

If you have any questions about specific figures or activity in your neighbourhood please do not hesitate to give us a call!  And remember to visit www.vancouverrealtyonline.com for up to date statistics, new listings, and all relevant real estate news!

Vancouver Realty Online

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Westside Vancouver Attached Property Market Update : January 5th – 12th

Posted by admin on January 12, 2009
Market Reports, Westside / No Comments

Vancouver Realty Online would like to present our inaugural ‘Westside Attached Stat Package‘, which will from now on be a weekly blog include much like our ‘Downtown Attached Stat Package‘. These will be joined shortly by a ‘Westside Detached Stat Package‘, which will cover weekly detached ‘sales versus listing ratios’ for the Westside.

This past week there were 185 new active listings in the Vancouver West Region with 73 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 95 new active listings on the Westside were distributed as follows:

University (UL) : 9
Shaughnessy (SH) : 1
Quilchena (QU) : 6
Point Grey (PG) : 9
Oakridge (OA) : 3
Marpole (MR) : 3
Mount Pleasant (MP) : 2
Kitsilano (KT): 21
Kerrisdale (KE): 3
False Creek (FC) : 2
Fairview (FA) : 14

Total : 73 or 39% of overall Vancouver West actives from January 5th – 12th.

This past week there were 28 sold listings in the Vancouver West Region with 11 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 28 sold listings on the Westside were distributed as follows:

Marpole (MR) : 2
Mount Pleasant (MP) : 1
Kitsilano (KT) : 6
Fairview (FA) : 1
Dunbar (DU) : 1

Total : 11 or 39% of overall Vancouver West solds from January 5th-12th.

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!

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Westside Vancouver Detached Property Market Update : January 5th – 12th

Posted by admin on January 12, 2009
Market Reports, Westside / No Comments

Vancouver Realty Online would like to present our inaugural ‘Westside Detached Stat Package’, which will from now on be a weekly blog include much like our ‘Downtown Attached Stat Package’. These will be joined shortly by a ‘Westside Attached Stat Package’, which will cover weekly detached ‘sales versus listing ratios’ for the Westside.

This past week there were 43 new detached active listings in the Vancouver West Region. 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 43 new detached active listings on the Westside were distributed as follows:

S.W. Marine (SW) : 2
Southlands (SL) : 1
Shaughnessy (SH) : 5
South Granville (SG) : 7
Quilchena (QU) : 1
Point Grey (PG) : 6
Marpole (MR) : 3
MacKenzie Heights (MH) : 3
Kitsilano (KT): 2
Kerrisdale (KE): 5
Dunbar (DU) : 4
Cambie (CA) : 3
Arbutus (AR) : 1

Total : 43 from January 5th – 12th.

This past week there were 10 detached sold listings 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 10 detached sold listings on the Westside were distributed as follows:

Shaugnessy (SH) : 1
South Granville (SG) : 2
Point Grey (PG) : 1
Kitsilano (KT) : 2
Kerrisdale (KE) : 1
Dunbar (DU) : 2
Arbutus (AR) : 1

Total : 10 from January 5th-12th.

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!

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Downtown Vancouver Attached Property Market Update : January 5th – 12th

We have compiled sales and listings statistics for the period running from January 5th to January 12th, and released them in this easy to read format! If you have any further questions or require more detail please get in touch with us. Things have picked up after the holiday lull through the past three weeks.

Listing versus Sales update for January 5 – January 12

182 new listings in the Vancouver West Region with 102 (56%) falling in the downtown areas (including: West End, Downtown, Coal Harbour, and False Creek North sub-areas).

New Listings Per Sub-Area:

* Downtown Core: 49 (48%)
* Coal Harbour: 12 (12%)
* West End: 17 (16%)
* False Creek North: 24 (24%)

TOTAL : 102

27 total sales in the Vancouver West Region with 16 (59%) falling in the downtown areas.

Sales Per Sub-Area:

* Downtown Core: 7 (44%)
* West End: 4 (25%)
* Coal Harbour: 2 (13%)
* False Creek North: 3 (18%)

TOTAL : 16

Not surprisingly we see a notable increase in new listings this past week when compared to the lull caused by the holiday season in the three weeks prior. Buying figures have remained relatively static during this period, and will most likely see an increase in the next two weeks. The sales to listing ratio dips to [27 : 182] or 15%. Of those sales the majority of product moved in the $300,000 to $600,000 price bracket. New listing numbers returned to pre-holiday levels this week.

If you have any questions about specific figures or activity in your neighbourhood please do not hesitate to give us a call! And remember to visit www.vancouverrealtyonline.com for up to date statistics, new listings, and all relevant real estate news!

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