Susan Keevil

We would like to present our ‘Westside Attached Stat Package‘ for the period running from July 5 - July 12. If you have any further questions or require more detail please get in touch with us. 

Attached listing activity demonstrated growth this period with 91 new attached listings across the Westside (up from 72 new attached listings in the previous week); after performing strongly for the past 6-8 weeks the Westside has demonstrated a tilt towards the supply-side with a greater number of listings versus sales. Kitsilano and Fairview continued to be the most active supply neighbourhoods (not surprising considering attached density variables); we saw 23 new attached listings in Kitsilano and 18 new attached listings in Fairview.  As a whole Vancouver West saw 209 new attached listings this past week with the Westside accounting for approximately 44% of new listing supply (a 3% increase from the market share in the previous week). 

The confirmed sales side, on the other hand, continued to trend downwards across the Westside neighbourhoods with 52 confirmed attached sales (down from 61 confirmed transactions in the previous week).  After posting strong sales to listing figures over the past two months the Westside has weakened slightly as we've approached the heart of the Summer months.  Kitsilano and Fairview also dominated the attached sales side this week with 15 attached sales in each neighbourhood; slightly lower then the average so far this quarter.  As such, the Westside posted a slightly lower saturation figure then the downtown neighbourhoods with 52 sales to 91 listings or an approximate 57% saturation rate.

The 91 (44%) new active attached listings on the Westside were distributed as follows:

University (UL) : 12
S.W. Marine (SW) : 1
South Cambie (SC) : 1
Quilchena (QU) : 4
Point Grey (PG) : 5
Oakridge (OA) : 1
Marpole (MR) : 5
Mount Pleasant (MP) : 7
Kitsilano (KT): 23
Kerrisdale (KE) : 2
False Creek (FC) : 6
Fairview (FA) : 18
Dunbar (DU) : 3
Cambie (CA) : 3

The Westisde neighbourhoods accounted for 91 : 209 or 44% of overall Vancouver West attached new listings from July 5 - July 12.

This past week there were 122 sold attached listings in the Vancouver West Region with 52 (43%) 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 52 sold attached listings on the Westside were distributed as follows:

University (UL) : 5
Quilchena (QU) : 2
Point Grey (PG) : 2
Oakridge (OA) : 1
Marpole (MR) : 3
Mount Pleasant (MP) : 2
Kitsilano (KT) : 15
False Creek (FC) : 3
Fairview (FA) : 15
Dunbar (DU) : 1
Cambie (CA) : 2

The Westside neighbourhoods accounted for 52 : 122 or 43% of overall Vancouver West attached solds from July 5 - July 12.

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!