Westside Vancouver Attached Property Market Update : June 14 - June 21
We would like to present our ‘Westside Attached Stat Package‘
for the period running from June 14 - June 21. If you have any
further questions or require more detail please get in touch with us.
Vancouver West attached supply stayed relatively strong this past week with 242 new attached listings; the Westside markets continued to post less aggressive supply numbers then the downtown markets (good news for sellers) with 108 new attached listings on the Westside, which accounted for 45% of all Vancouver West attached supply over the past week. Kitsilano and Fairview continued to post the strongest listing numbers (due to housing density) with 22 and 18 new attached listings in each neighbourhood respectively. University continued to post strong listing and sales figures mostly due to the fact the market around UBC tends to move seasonally in association with the school year. Mount Pleasant also surged this week in regards to listing supply with 16 new attached listings (a quarterly high for the neighbourhood).
On the sales side we also saw stability this past week with 127 confirmed attached sales across Vancouver West; the Westside neighbourhoods accounted for 67 confirmed sales or roughly 53% of all attached sales across Vancouver West. It has become fairly regular for the Westside neighbourhoods to out-perform the downtown core in relation to attached sales as the Westside attached markets have been seemingy less volatile then their downtown counter parts. Kitsilano and Fairview particularly continued to function near equilibrium with sales to listing ratios near 1:1.
The 108
(45%) new active attached listings
on the Westside were distributed as follows:
University (UL) : 16
Southlands (SL) : 2
South Cambie (SC) : 2
Quilchena
(QU)
: 1
Point Grey (PG) : 2
Oakridge (OA) : 2
Marpole
(MR) : 9
Mount
Pleasant (MP) : 16
Kitsilano (KT): 22
Kerrisdale (KE)
: 4
False Creek (FC) : 8
Fairview (FA) : 18
Dunbar
(DU) : 2
Cambie
(CA) : 4
The Westisde neighbourhoods accounted for 108 : 242 or 45% of overall Vancouver West attached new listings from June 14 - June 21.
This past week there were 127 sold attached listings in the Vancouver West Region with 67 (53%) 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 67 sold attached listings on the Westside were distributed as follows:
University (UL) : 8
Southlands (SL) : 1
South Granville (SG) : 1
Quilchena
(QU) : 3
Point Grey (PG) : 1
Marpole (MR) : 5
Mount Pleasant (MP) : 3
Kitsilano
(KT) : 22
Kerrisdale (KE) : 3
False
Creek (FC) : 2
Fairview (FA) : 17
Cambie (CA)
: 1
The Westside neighbourhoods accounted for 67 : 127 or 53% of
overall Vancouver West attached solds from June 14 - June 21.
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!