Westside Vancouver Attached Property Market Update : September 26th - October 3rd
We are proud to present our ‘Westside Attached Stat Package‘
for the period running from September 26th - October 3rd. If
you
have
any
further questions or require more detail please get in touch with us.
Westside attached listing supply continued to trend downwards for the second consecutive week after posting gains through mid-September; we saw 85 new attached listings on the Westside this week (down sharply from the 106 new attached listings we had seen previously), which accounted for 41% of the overall 206 new attached listings we saw across Vancouver West (a further drop in listing share from the 44% ratio we saw last week). Kitsilano dominated the supply-side figures this week with 26 new attaached listings (though a slight decrease from the 30 new attached listings we'd seen previously), well Fairview saw a relatively large decline in listing activity this week with 17 new attached listings (down from the 27 new attached listings we saw last week). University was the next busiest neighbourhood as we eased into the school year with 12 new attached listings (compared to 13 new attached listings registered previously).
Attached sales volume continued to register gains on the Westside this week; as the market continued to recover from the late-August to early-September slow period. We saw 50 confirmed attached sales on the Westside (up from the 41 confirmed attached sales we saw previously), which equated to roughly 53% of the aggregate 95 confirmed attached sales we saw registered across Vancouver West (a slight fall in the sales ratio of 46% we saw last week). Fairview had the strongest week on the sales-side with 17 confirmed attached sales (an increase from the 11 confirmed attached sales we witnessed previously), well Kitsilano followed-up in second position with 14 confirmed attached sales (a jump from the 7 confirmed attached sales we saw last week). Our sales to listing ratio saw a nice increase this week due to the noted fall in supply figures; we saw 50 confirmed attached sales to 85 new attached listings for a saturation rating of 53% on the Westside (a big increase from the 39% figure we saw last week).
The 85 (41%) new active attached listings on the Westside were distributed as follows:University (UL) : 12
S.W. Marine (SW) : 1
South Granville (SG) : 2
South Cambie (SC) : 1
Quilchena
(QU)
: 2
Point Grey (PG) : 6
Oakridge (OA) : 2
Marpole
(MR) : 4
Mount Pleasant (MP) : 4
Mackenzie Heights (MH) : 2
Kitsilano (KT): 26
Kerrisdale (KE)
: 1
False Creek (FA) : 6
Fairview (FA) : 16
The Westisde neighbourhoods accounted for 85 : 206 or 41% of
overall Vancouver West attached new listings from September 26th - October 3rd.
This past week there were 95 sold attached listings in the Vancouver West Region with 50 (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 50 sold attached listings on the Westside were distributed as follows:
University (UL) : 3
Shaughnessy (SH) : 1
South Cambie (SC) : 1
Quilchena (QU) : 1
Point Grey (PG) : 2
Marpole (MR) : 4
Mount Pleasant (MP) : 3
Kitsilano
(KT) : 14
Kerrisdale (KE) : 2
False Creek (FC) : 1
Fairview (FA) : 17
Cambie (CA) : 1
The
Westside
neighbourhoods
accounted for 50 : 95 or 53% of
overall Vancouver West attached solds from September 26th - October 3rd.
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!