Westside Vancouver Attached Property Market Update : August 23rd - August 30th
We would like to present our ‘Westside Attached Stat Package‘
for the period running from August 23rd - August 30th. If you
have
any
further questions or require more detail please get in touch with us.
Supply conditions remained stable across the Westside this past week with 60 new attached listings (up slightly from 58 new attached listings in the previous week). Fairview continued to be the most active supply area with 25 new attached listings well traditionally active Kitsilano continued to trend downwards with 11 new attached listings this week. The Westside neighbourhoods accounted for a higher percentage of listing activity, however; as we saw 146 new attached listings across Vancouver West with the Westside accounting for 60 new attached listings or roughly 41% of new supply activity.
Confirmed attached sales recovered slightly this week after trending downwards in the previous period with 42 confirmed attached sales (up from 36 confirmed sales). Kitsilano rebounded with a stronger week, logging 10 confirmed attached sales, well Fairview posted below-average sales figures with 9 confirmed sales. The Westside neighbourhoods continued to account for a stable percentage of confirmed sales transactions across Vancouver West as we saw approximately 46% of attached sales activity registered in Westside neighbourhoods.
The 60
(41%) new active attached listings
on the Westside were distributed as follows:
University (UL) : 7
Southlands (SL) : 2
Shaughnessy (SH) : 1
South
Cambie (SC) : 2
South Granville (SG) : 1
Quilchena
(QU)
: 1
Point Grey (PG) : 1
Oakridge (OA) : 1
Marpole
(MR) : 1
Mount
Pleasant (MP) : 4
Kitsilano (KT): 11
Kerrisdale (KE)
: 1
False Creek (FC) : 1
Fairview (FA) : 25
Cambie
(CA) : 1
The Westisde neighbourhoods accounted for 60 : 146 or 41% of overall Vancouver West attached new listings from August 23rd - August 30th.
This past week there were 91 sold attached listings in the Vancouver West Region with 42 (46%) 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 42 sold attached listings on the Westside were distributed as follows:
University (UL) : 7
South Cambie (SC) : 1
Quilchena
(QU) : 1
Point Grey (PG) : 1
Oakridge (OA) : 2
Marpole (MR) : 2
Mount
Pleasant (MP) : 1
Kitsilano
(KT) : 10
False
Creek (FC) : 5
Fairview (FA) : 9
Dunbar (DU) : 1
Cambie (CA) : 2
The Westside neighbourhoods accounted for 42 : 91 or 46% of
overall Vancouver West attached solds from August 23rd -
August 30th.
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!