Downtown Vancouver Attached Property Market Update : February 2 - February 9
We have compiled sales and listings statistics for the period running from February 2nd to February 9th, and released them in this easy to read format! If you have any further questions or require more detail please get in touch with us.
Listing supply rebounded slightly after sagging in the previous period with 253 new attached listings across Vancouver West (compared to 213 in the previous period). The downtown markets continued to account for roughly the same market share with 57% of all attached listing supply; we saw 145 new attached listings in the downtown neighbourhoods with the downtown core again leading the market with 60 new attached listings (though with a decreased market share of only 47%) while the West End posted the second strongest gain with 32 new attached listings, and both Coal Harbour and False Creek North also increased their listing share with 26 and 27 new listings respectively. If you're interested in more specific building or neighbourhood sales and listing information please get in touch with Susan at (604)970-3658.
Listing versus Sales update for February 2 - February 9
253 new listings in the Vancouver West Region with 145 (57%) falling in the downtown areas (including: West End, Downtown, Coal Harbour, and False Creek North sub-areas).
New Listings Per Sub-Area:
- Downtown Core: 60 (41%)
- Coal Harbour: 26 (18%)
- West End: 32 (22%)
- False Creek North: 27 (19%)
TOTAL : 145 (57%)
129 total sales in the Vancouver West Region with 75 (58%) falling in the downtown areas.
Sales Per Sub-Area:
- Downtown Core: 35 (47%)
- West End: 17 (23%)
- Coal Harbour: 8 (10%)
- False Creek North: 15 (20%)
TOTAL : 75 (58%)
Sales volume took a step backwards this past week after posting three consecutive weeks of gains as we witnessed 129 confirmed sales transactions across Vancouver West (down from 139 in the previous period) with the downtown neighbourhoods accounting for 75 attached sales or roughly 58% of all transaction volume for the week. The downtown core neighbourhoods saw a notable fall with 35 confirmed sales (down from 53 the previous week), well Coal Harbour and False Creek North both posted gains. The downtown neighbourhoods saw a fall in their sales share across Vanouver West with 58% of all confirmed transactions (down from 64% the previous week). Due to the wide variety of product available downtown it remains important to look at micro-trending in your building and neighbourhood when considering buying or selling; for more detailed information please give Susan a call at (604)970-3658.
If you have any questions about specific figures or activity in your neighbourhood please do not hesitate to give us a call! And remember to visit www.susankeevil.com and www.vancouverrealtyonline.com for up to date statistics, new listings, and all relevant real estate news!