Westside Vancouver Attached Property Market Update : February 22 - March 1
We would like to present our ‘Westside Attached Stat Package‘ for the period running from February 22 - March 1. If you have any further questions or require more detail please get in touch with us.
The Westside neighbourhoods saw a post-Olympic recovery in supply numbers this past week with 77 new attached listings in the Westside markets (or 41% of the overall 189 new active listings over Vancouver West). Kitsilano once again posted the strongest attached supply figures with 19 new attached listings. We expect a steady increase in new listing activity after the closing of the Olympics as buyers bring their homes on the market, and short-term Olympic rental also also affect supply.
Confirmed sales on the Westside started off the post-Olympic period strong with 51 attached sales in the various neighbourhoods or around 57% of total confirmed sales volume over the period. Fairview and Kitsilano posted strong figures with 12 attached sales in each neighbourhood.
The 77 (41%) new active attached listings on the Westside were distributed as follows:
University (UL) : 15
South Granville (SG) : 1
South Cambie (SC) : 2
Quilchena (QU) : 7
Oakridge (OA) : 2
Marpole (MR) : 1
Mount Pleasant (MP) : 4
Kitsilano (KT): 19
Kerrisdale (KE) : 2
False Creek (FC) : 4
Fairview (FA) : 17
Dunbar (DU) : 1
The Westisde neighbourhoods accounted for 77 : 189 or 41% of overall Vancouver West attached new listings from February 22 - March 1.
This past week there were 90 sold attached listings in the Vancouver West Region with 51 (57%) 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 51 sold attached listings on the Westside were distributed as follows:
University (UL) : 6
S.W. Marine (SW) : 1
South Cambie (SC) : 3
Quilchena (QU) : 2
Point Grey (PG) : 2
Oakridge (OA) : 4
Marpole (MR) : 1
Mount Pleasant (MP) : 1
Kitsilano (KT) : 12
Kerrisdale (KE) : 5
False Creek (FC) : 2
Fairview (FA) : 12
The Westside neighbourhoods accounted for 51 : 90 or 57% of overall Vancouver West attached solds from February 22 - March 1.
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!