Westside Vancouver Detached Property Market Update : August 16 - August 23
Detached listing supply continued to remain quite stable this past week as we saw 49 new detached listings across the Westside neighbourhoods (compared to 42 new detached listings in the previous period). Listing supply should pickup in the detached market as we approach the Fall listing periods with people returning from vacation and children starting school. Dunbar continued to be quite active with 7 detached new listings and South Granville also posted solid numbers with 8 new detached listings.
Confirmed detached sales on the other hand continued to trend downwards for the third consecutive week with 28 confirmed detached sales across the Westside neighbourhoods. Point Grey continued to post the strongest sales figures with 5 confirmed detached sales well typically strong neighbourhoods like Kitsilano (2 confirmed detached sales) continued to post below-average sales figures.
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 49 new detached active listings on the Westside
were distributed as follows:
Arbutus (AR)
: 1
Cambie (CA) : 3
Dunbar (DU) : 7
Kerrisdale
(KE) : 4
Mackenzie Heights (MH) : 1
Mount Pleasant (MP) : 1
Marpole (MR) : 5
Oakridge (OA) : 1
Point Grey (PG) : 3
Quilchena (QU) : 2
South Cambie (SC) : 2
South
Granville (SG) : 8
Shaughnessy (SH) : 5
Southlands (SL)
: 2
S.W. Marine
(SW) : 2
University (UL) : 2
49 total
new
detached listings on the Westside from August 16 - August 23.
This
past week there were 28 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 28 detached sold listings on the Westside were distributed as follows:
Arbutus (AR) : 4
Kerrisdale (KE) : 1
Kitsilano
(KT) : 2
Mackenzie Heights (MH) : 1
Mount Pleasant (MP) : 1
Marpole (MR)
: 1
Point Grey (PG)
: 5
Shaughnessy
(SH): 3
South Granville (SG)
: 5
S.W. Marine (SW) : 3
University (UL) : 2
28 total
detached sales
on the Westside
from August 16 - August 23.
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!