Westside Vancouver Detached Property Market Update : August 30 - September 6
Detached listing supply took a slight step backwards this past week with 39 new detached listings (down slightly from the 45 new detached listings in the previous period). Dunbar saw a decline in listing activity after being one of the more bustling summer markets with just 1 detached listing this past week. Point Grey remained busy on the supply side with 9 new detached listings.
Sales volume also trended downwards this past week after strengthening slightly in the previous period; we saw 27 confirmed detached sales across the Westside (down from 33 confirmed detached listings in the previous period). Dunbar remained in demand with 5 confirmed attached sales well Quilchena and Marpole also led the way in regards to sales with 4 confirmed detached sales. The sales to listing ratio remained relatively stable with 27 confirmed detached sales to 39 new detached listings or an approximate 69% saturation rating.
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 39 new detached active listings on the Westside
were distributed as follows:
Arbutus (AR)
: 2
Cambie (CA) : 4
Dunbar (DU) : 1
Kerrisdale
(KE) : 3
Kitsilano (KT) : 3
Mackenzie Heights (MH)
: 2
Mount
Pleasant (MP) : 1
Marpole (MR) : 1
Oakridge (OA)
: 2
Point Grey (PG) : 9
Quilchena (QU)
: 1
South
Granville (SG) : 3
Shaughnessy (SH) : 3
Southlands (SL) : 2
University (UL) : 2
39 total
new
detached listings on the Westside from August 30 - September 6.
This
past week there were 27 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 27 detached sold listings on the Westside were distributed as follows:
Arbutus (AR) : 2
Cambie (CA) : 1
Dunbar (DU)
: 5
Kerrisdale (KE) : 1
Kitsilano
(KT) : 1
Mackenzie Heights (MH) : 1
Marpole (MR)
: 4
Point Grey (PG)
: 2
Quilchena (QU) : 4
Shaughnessy
(SH): 2
South Cambie (SC) : 1
South Granville (SG)
: 2
Southland (SL) : 1
27 total
detached sales
on the Westside
from August 30 - September 6.
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!