We would like to present ‘Westside Detached Stat Package’ for the week of July 20th – July 27th.
The Westside detached market continued to demonstrate a fairly static market dynamic this past week, as new listing and sales figures remained quite close to what we have to come identify as ‘norms’ over the first two quarters of 2009; new listings moved from 66 new detached active listings in the Vancouver West Region to 77 (a return to the level we’ve come to expect through the second quarter) – sales transactions saw a bit of a bump this past week with 60 detached sales (to 43 the previous week). Not surprisingly, performance should remain relatively static through third quarter 2009 prior to a pre-Olympic surge in the late fourth quarter flowing into Q1 2010. Buyer competition remains active in these areas, and thus it may be a solid time to consider listing your home if you have been thinking about proceeding with a sale. The demand is especially acute in Kitsilano where supply has definitely tailed off – especially in the Kits Point areas, and other sectors north of W 4th Ave.
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 77 new detached active listings on the Westside were distributed as follows:
Arbutus (AR) : 6
Cambie (CA) : 7
Dunbar (DU) : 7
Kerrisdale (KE) : 6
Kitsilano (KT) : 4
MacKenzie Heights (MH) : 1
Marpole (MR) : 4
Oakridge (OA) : 3
Point Grey (PG) : 5
Quilchena (QU) : 3
Shaughnessy (SH) : 9
South Cambie (SC) : 1
South Granville (SG) : 12
Southlands (SL) : 4
University (UL) : 5
77 total new detached listings on the Westside from July 20th – July 27th.
This past week there were 60 detached sold listings (static compared to the 43 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 60 detached sold listings on the Westside were distributed as follows:
Arbutus (AR) : 5
Cambie (CA) : 5
Dunbar (DU) : 13
Kerrisdale (KE) : 2
Kitsilano (KT) : 4
Mackenzie Heights (MH) : 3
Marpole (MR) : 2
Oakridge (OA) : 2
Point Grey (PG) : 3
Quilchena (QU) : 1
South Cambie (SC) : 1
South Granville (SG) : 9
Shaughnessy (SH) : 5
Southlands (SL) : 2
S.W. Marine (SW) : 1
University (UL) : 2
60 total detached sales on the Westside from July 20th – July 27th.
The Westside demonstated some moderate, unexpected growth on both the sales transaction and listing supply sides to end July. The mid-to-late Summer months tend to be particularly low-periods for the detached markets due to social factors (ie / summer vacation, etc.) and thus we anticipate a further flattening of the market over July and August prior to a resurgence in the early-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.susankeevil.com and 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!
We would like to present our ‘Westside Attached Stat Package‘, for the week of July 20th – July 27th. New listing numbers remained relatively flat; though quite steady, as we saw 86 new attached listings on the Westside this period; up a bit from the 76 new attached listings the previous week (a second consecutive week of positive supply increases). Sales transactions also continued to demonstrate short-run growth, with 86 attached sales on the Westside (up from 67 the previous week). The second quarter in 2009 was marked by a return to stability in many of the Westside neighbourhoods, with a solid sales versus listing dynamic. We have witnessed a return of the international buyer with a number of individuals from the USA and Asia looking to take advantage of the pre-Olympic lull in pricing, and competitive financing options. As per usual we expect a slight seasonal lull through the late-Summer months as people begin to take vacations, and enjoy the weather!
This past week there were 221 new active attached listings in the Vancouver West Region with 96 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 96 new active attached listings on the Westside were distributed as follows:
University (UL) : 12
S.W. Marine (SW) : 1
South Granville (SG) : 1
South Cambie (SC) : 1
Quilchena (QU) : 5
Point Grey (PG) : 1
Marpole (MR) : 2
Mount Pleasant (MP) : 1
Kitsilano (KT): 32
Kerrisdale (KE): 9
False Creek (FC) : 2
Fairview (FA) : 24
Cambie (CA) : 4
Arbutus (AR) : 1
The Westisde neighbourhoods accounted for 96 : 221 or 43% of overall Vancouver West attached new listings from July 20th – July 27th.
This past week there were 176 sold attached listings in the Vancouver West Region with 86 (up from 67 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 86 sold listings on the Westside were distributed as follows:
University (UL) : 8
S.W. Marine (SW) : 1
Shaughnessy (SH) : 3
South Cambie (SC) : 3
Quilchena (QU) : 4
Point Grey (PG) : 3
Oakridge (OA) : 3
Marpole (MR) : 2
Mount Pleasant (MP) : 6
Kitsilano (KT) : 24
Kerrisdale (KE) : 6
False Creek (FC) : 2
Fairview (FA) : 20
Cambie (CA) : 1
The Westside neighbourhoods accounted for 86 : 176 or 49% of overall Vancouver West attached solds from July 20th – July 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.susankeevil.com and 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!
We have compiled sales and listings statistics for the period running from July 20th to July 27th, 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. Both sales volume, and new listing supply remained relatively flat this past week as we continue to ease into the late summer months. Vancouver West as a whole saw 221 new attached listings; an increase from the 192 new listings submitted last week. We also witnessed 176 sales (up slightly from 164 confirmed in the previous period). There also remains an access demand for larger 1-bdrm (700 + sqft), and lower-end 2-bdrm product in the $450,000 to $550,000 range; especially in the Yaletown and False Creek North areas.
Listing versus Sales update for June 20th to July 27th
221 new listings in the Vancouver West Region with 125 (57%) falling in the downtown areas (including: West End, Downtown, Coal Harbour, and False Creek North sub-areas).
New Listings Per Sub-Area:
TOTAL : 125
176 total sales in the Vancouver West Region with 90 (51%) falling in the downtown areas.
Sales Per Sub-Area:
TOTAL : 90
Sales volume continued to show stability in the face of what appears to be economic recovery, moving from 164 sales to 176 attached sales. The downtown core neighbourhoods witnessed a slight boost on the supply-side as well, though there remains access demand in many areas and price ranges. After a slight set-back earlier in the week; the TSX has shown marked gain based on a resurgence in the commodity sectors as well as better then expected earnings reports over the last quarter; along with competitive financing this should continue to fuel the recovery in the Vancouver markets. The sales to listing ratio also remained relatively stable this past week sitting at [176 : 221] ’sales to listings’ or 80% saturation – interest rates looks to remain stable through the next quarter.
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.susankeevil.com and www.vancouverrealtyonline.com for up to date statistics, new listings, and all relevant real estate news!
We would like to present ‘Westside Detached Stat Package’ for the week of July 13th – July 20th.
The Westside detached market continued to demonstrate a fairly static market dynamic this past week, as new listing and sales figures remained quite close to what we have to come identify as ‘norms’ over the first two quarters of 2009; new listings moved from 76 new detached active listings in the Vancouver West Region to 66 (a slight decrease to offset our gains over the previous week) – sales transactions also remained steady with 43 detached sales (to 48 the previous week). Not surprisingly, performance should remain relatively static through third quarter 2009 prior to a pre-Olympic surge in the late fourth quarter flowing into Q1 2010. Buyer competition remains active in these areas, and thus it may be a solid time to consider listing your home if you have been thinking about proceeding with a sale. The demand is especially acute in Kitsilano where supply has definitely tailed off – especially in the Kits Point areas, and other sectors north of W 4th Ave.
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 66 new detached active listings on the Westside were distributed as follows:
Arbutus (AR) : 8
Cambie (CA) : 3
Dunbar (DU) : 6
Kerrisdale (KE) : 3
Kitsilano (KT) : 9
MacKenzie Heights (MH) : 2
Marpole (MR) : 4
Oakridge (OA) : 1
Point Grey (PG) : 4
Quilchena (QU) : 2
Shaughnessy (SH) : 3
South Granville (SG) : 9
Southlands (SL) : 5
S.W. Marine (SW) : 5
University (UL) : 2
66 total new detached listings on the Westside from July 13th – July 20th.
This past week there were 43 detached sold listings (static 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 43 detached sold listings on the Westside were distributed as follows:
Arbutus (AR) : 4
Cambie (CA) : 4
Dunbar (DU) : 4
Kerrisdale (KE) : 3
Kitsilano (KT) : 3
Mackenzie Heights (MH) : 4
Marpole (MR) : 4
Oakridge (OA) : 2
Quilchena (QU) : 2
South Cambie (SC) : 1
South Granville (SG) : 3
Shaughnessy (SH) : 1
Southlands (SL) : 1
S.W. Marine (SW) : 2
University (UL) : 5
43 total detached sales on the Westside from July 13th – July 20th.
The Westside has slowed down marginally over the past couple of weeks as well-priced product has moved with little in the way of new supply to counter-act the sales volume. In addition, the mid-to-late Summer months tend to be particularly low-periods for the detached markets due to social factors (ie / summer vacation, etc.) and thus we anticipate a further flattening of the market over July and August prior to a resurgence in the early-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.susankeevil.com and 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!
We would like to present our ‘Westside Attached Stat Package‘, for the week of July 13th – July 20th. New listing numbers remained below seasonal norms; though quite steady, as we saw 76 new attached listings on the Westside this period; up a bit from the 63 new attached listings the previous week (this marks a break in the downward trend we had seen over the previous 3 weeks). Sales transactions also finally stabilized after three straight negative weeks, with 67 attached sales on the Westside (up from 61 the previous week). Supply of attached product has continued to tighten on the Westside, following the detached market where the supply-side has seen lows since around mid-March. We have witnessed a return of the international buyer with a number of individuals from the USA and Asia looking to take advantage of the pre-Olympic lull in pricing, and competitive financing options. As per usual we expect a slight seasonal lull through the late-Summer months as people begin to take vacations, and enjoy the weather!
This past week there were 192 new active attached listings in the Vancouver West Region with 76 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 76 new active attached listings on the Westside were distributed as follows:
University (UL) : 16
South Cambie (SC) : 1
Shaughnessy (SH) : 2
Quilchena (QU) : 2
Oakridge (OA) : 2
Marpole (MR) : 2
Mount Pleasant (MP) : 2
Kitsilano (KT): 17
Kerrisdale (KE): 2
False Creek (FC) : 2
Fairview (FA) : 25
Cambie (CA) : 3
The Westisde neighbourhoods accounted for 76 : 192 or 40% of overall Vancouver West attached new listings from July 13th – July 20th.
This past week there were 164 sold attached listings in the Vancouver West Region with 67 (up from 61 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 67 sold listings on the Westside were distributed as follows:
University (UL) : 4
Shaughnessy (SH) : 2
South Granville (SG) : 1
South Cambie (SC) : 2
Point Grey (PG) : 4
Oakridge (OA) : 1
Marpole (MR) : 2
Mount Pleasant (MP) : 2
Kitsilano (KT) : 22
Kerrisdale (KE) : 2
False Creek (FC) : 5
Fairview (FA) : 18
Cambie (CA) : 2
The Westside neighbourhoods accounted for 67 : 164 or 41% of overall Vancouver West attached solds from July 13th – July 20th.
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.susankeevil.com and 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!
Susan Keevil is a Vancouver real estate advisor with a background in interior design, and over 5 years of industry experience; marketing attached and detached properties in the Vancouver West regions.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
