Statistc Update Nov 10 - 17 : Downtown, Coal Harbour, West End, Yaletown, False Creek North
We have compiled sales and listings statistics over the last few days, 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.
Listing versus Sales update for November 10 - November 17
149 new listings over the Greater Vancouver Region with 92 (62%) falling in the downtown areas (including: West End, Downtown, Coal Harbour, and False Creek North sub-areas).
New Listings Per Sub-Area:
* Downtown Core: 47 (51%)
* Coal Harbour: 13 (14%)
* West End: 19 (21%)
* False Creek North: 13 (14%)
TOTAL : 92
37 total sales in the Greater Vancouver Region with 18 (49%) falling in the downtown areas.
Sales Per Sub-Area:
* Downtown Core: 11 (61%)
* West End: 3 (17%)
* Coal Harbour: 2 (11%)
* False Creek North: 2 (11%)
TOTAL : 18
As we can see downtown is still one of the most active real estate markets in the Greater Vancouver Region with listing and sales ratios around or over 50% of the regional aggregates. This indicates the downtown core is still leading market activity. Unfortunately, the listing to sales ratio in the period falls to [37 : 149] or 25% of marketable properties resulting in successful sales. Of those sales the majority of product moved in the $300,000 to $600,000 price bracket. Another stat of note is the 15% drop in New Listings in the downtown neighbourhoods over the past 7 days.
If you have any questions about specific figures or activity in your neighbourhood please do not hesitate to give me a call! And remember to visit www.susankeevil.com for up to date statistics, new listings, and all relevant real estate news!
Cheers
Susan
604.970.3658