Susan Keevil

We have compiled sales and listings statistics for the period running from Sepember 12th through September 19th, 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.

Attached listing supply continued to trend upwards this week as we settled into the busy early-Fall listing season; we saw 134 new attached listings downtown this week (up from the 125 new attached listings we saw previously), which accounted for around 56% of the total 240 new attached listings we saw across Vancouve West (a slight market-share increase on the listing side from the 53% ratio we saw last week).  The dense downtown core neighbourhood (including Gastown and downtown proper) continued to lead the way on the supply-side this week, posting 60 new attached listings (an increase from the 46 new attached listings we saw previously), well Yaletown also remained quite active this week registering 35 new attached listings (up from 27 new attached listings).  Coal Harbour and the West End were the only areas to post decreases vis-a-vis listing volumes this week, with Coal Harbour seeing 13 new attached listings (down from 20 new attached listings), and the West End registering 26 new attached listings (down from 32 new attached listings last week).

Downtown attached sales volumes rebounded this week after posting decreases in the previous period as we begin to recover from the late-Summer slow period; we saw 48 confirmed attached sales downtown this week (an improvement from the 30 confirmed attached sales we saw previously), which equated to roughly 54% of the aggregate 89 confirmed attached sales we saw across all of Vancouver West (an increase from the 44% ratio we registered last week). The downtown core (including Gastown and downtown proper) was the busiest neighbourhood on the sales side with 25 confirmed attached sales (a big jump from the 8 confirmed attached sales we saw last week), well Yaletown also demonstrated sales growth, though at a less pronounced rate with 11 confirmed attached sales this week (up from 9 confirmed attached sales).  Our sales to listing ratio demonstrated improvement this week on the back of strengthening sales figures, we saw 48 confirmed attached sales to 134 new attached listings for a saturation rating of approximately 36% downtown this week (up from the 24% ratio we witnessed last week).

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 September 12th - September 19th

240 new listings in the Vancouver West Region with 134 (56%) falling in the downtown areas (including: West End, Downtown, Coal Harbour, and False Creek North sub-areas).

New Listings Per Sub-Area:

• Yaletown (YA): 35 (26%)
• West End (WE) : 26 (19%)
• Downtown (DT) : 60 (45%)
• Coal Harbour (CB): 13 (10%)

TOTAL : 134 (56%)

89 total sales in the Vancouver West Region with 48 (54%) falling in the downtown areas.

Sales Per Sub-Area:

• Yaletown (YA): 11 (23%)
• West End (WE) : 9 (19%)
• Downtown (DT) : 25 (52%)
• Coal Harbour (CB): 3 (6%)

TOTAL : 48 (54%)

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.