Statistcs Update :Sales to Listing Ratios November 24 - December 1
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 24 - December 1
144 new listings in the Vancouver West Region with 98 (68%) falling in the downtown areas (including: West End, Downtown, Coal Harbour, and False Creek North sub-areas).
New Listings Per Sub-Area:
* Downtown Core: 35 (36%)
* Coal Harbour: 22 (22%)
* West End: 28 (28%)
* False Creek North: 13 (14%)
TOTAL : 98
56 total sales in the Vancouver West Region with 28 (50%) falling in the downtown areas.
Sales Per Sub-Area:
* Downtown Core: 15 (54%)
* West End: 5 (19%)
* Coal Harbour: 5 (19%)
* False Creek North: 3 (8%)
TOTAL : 28
As we can see downtown is still one of the most active real estate markets in the Vancouver West Region with listing and sales ratios at or over the 50% mark of the regional aggregates. This indicates the downtown core is still leading market activity. The listing to sales ratio in the period rises to [56 : 144] or 39% of marketable properties resulting in successful sales. Of those sales the majority of product moved in the $300,000 to $600,000 price bracket. New listings continued to decline this past week as we expect they will through January. Also for the first statistics period in the past month and a half we have seen a positive turn in the new listings to sales ratio.
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