Susan Keevil

We would like to present ‘Westside Detached Stat Package’ for the week of June 1 - June 8.

Westside detached listing activity remained within it's relative range this past week, which we established as the norm over the past sixty-seven days.  We've seen an average of around 70 new detached Westside listings per week in that period, with a high of around 80 new detached listings and a low of around 60 new detached listings depending on the period (with obvious outliers). We saw a relative increase in listing activity this past week with 76 new detached listings on the Westside (compared to 69 new detached listings in the previous period).  Point Grey posted the most notable increase this past week, and nearly doubled it's quarterly 'average to date' with 12 new detached listings this past week. 

Confirmed detached sales on the Westside trended upwards, though also did not deviate greatly from the quarterly norm this past week with 46 confirmed detached transactions (up from 46 confirmed detached transactions in the previous week).  Most neighbourhoods maintained stability in their sales volumes, as Dunbar continued to post the strongest numbers with 8 detached sales, well Cambie posted the second strongest number with 5 detached sales.  We have, however; seen a general decline in muliple offer situations in most Westside neighbourhoods with a higher average 'days on the market' trend and a greater amount of general price decreases.

Please note if your neighbourhood is not included in the weekly list it indicates there were zero (0) confirmed sales in your area for that period.

The 76 new detached active listings on the Westside were distributed as follows:

Arbutus (AR) : 3
Cambie (CA) : 7
Dunbar (DU) : 9
Kerrisdale (KE) : 5
Kitsilano (KT) : 6
Mackenzie Heights (MH) : 4
Mount Pleasant (MP) : 1
Marpole (MR) : 1
Oakridge (OA) : 2
Point Grey (PG) : 12
Quilchena (QU) : 2
South Cambie (SC) : 2
South Granville (SG) : 8
Shaughnessy (SH) : 6
S.W. Marine (SW) : 3
University (UL) : 2

76 total new detached listings on the Westside from June 1 - June 8.

This past week there were 46 detached sold listings 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 46 detached sold listings on the Westside were distributed as follows:

Arbutus (AR) : 3
Cambie (CA) : 5
Dunbar (DU) : 8
Kerrisdale (KE) : 4
Kitsilano (KT) : 6
Mackenzie Heights (MH) : 2
Marpole (MR) : 2
Mount Pleasant (MP) : 1
Point Grey (PG) : 4
South Cambie (SC) : 2
South Granville (SG) : 3
Shaughnessy (SH): 4
Southlands (SL) : 1
University (UL) : 1

46 total detached sales on the Westside from June 1 - June 8.

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!