Westside Vancouver Attached Property Market Update : June 15th – June 22nd
We would like to present our ‘Westside Attached Stat Package‘, for the week of June 15th – 22nd. New listing numbers peaked slightly this past week as we witnessed a marginal decline in new listing activity. We saw 80 new attached listings on the Westside this period; down very slightly from the 86 new attached listings the previous week. Sales transactions, conversely; showed renewed strength with 110 attached sales on the Westside (up from 75 the previous week). Supply of attached product has continued to tighten on the Westside, following the detached market where the supply-side has seen historic 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 191 new active attached listings in the Vancouver West Region with 80 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 80 new active attached listings on the Westside were distributed as follows:
University (UL) : 5
S.W. Marine (SW) : 1
South Cambie (SC) : 1
Shaughnessy (SH) : 3
South Granville (SG) : 2
Quilchena (QU) : 3
Point Grey (PG) : 2
Marpole (MR) : 1
Mount Pleasant (MP) : 8
Kitsilano (KT): 22
Kerrisdale (KE): 1
False Creek (FC) : 4
Fairview (FA) : 25
Dunbar (DU) : 1
Cambie (CA) : 1
The Westisde neighbourhoods accounted for 80 : 191 or 42% of overall Vancouver West attached new listings from June 15th – June 22nd.
This past week there were 217 sold attached listings in the Vancouver West Region with 110 (up from 75 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 110 sold listings on the Westside were distributed as follows:
University (UL) : 13
South Cambie (SC) : 1
South Granville (SG) : 1
Shaughnessy (SH) : 2
Quilchena (QU) : 2
Point Grey (PG) : 5
Marpole (MR) : 5
Mount Pleasant (MP) : 5
Kitsilano (KT) : 26
Kerrisdale (KE) : 5
False Creek (FC) : 6
Fairview (FA) : 31
Dunbar (DU) : 1
Cambie (CA) : 6
The Westside neighbourhoods accounted for 110 : 217 or 51% of overall Vancouver West attached solds from June 15th – June 22nd.
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!