Westside Vancouver Attached Report August 30 – September 6:

Supply volume on the Westside posted another marginal increase this past week as the Westside continued to account for a higher-then-average supply percentage across Vancouver West (compared to averages through quarter 1 2010). We saw 131 new attached listings across Vancouver West with the Westside neighbourhoods accounting for 65 new attached listings or roughly 49% of new listing supply.  Fairview remained the most active neighbourhood on the supply side with 20 new attacehd lisintgs well Kitsilano accounted for the next largest listing percentage with 12 new attached listings.  The Westside attached market has slowed down through August, and the dynamic has moved towards favoring buyers with a greater number of listings from which to choose.

Please click HERE for the full article.

Westside Vancouver Detached Report August 30 – September 6:

Detached listing supply took a slight step backwards this past week with 39 new detached listings (down slightly from the 45 new detached listings in the previous period). Dunbar saw a decline in listing activity after being one of the more bustling summer markets with just 1 detached listing this past week.  Point Grey remained busy on the supply side with 9 new detached listings.

Please click HERE for the full article.

Tweet This Post

Two Harbour Green

1151 W Cordova St. (Harbour Green Two) – Coal Harbour Open House
List Price : $1,475,000
Bedrooms : 2
Bathrooms : 2
Square Footage : 1656
Tax : $7,581 (2009)
MLS # : V832960
Public Open(s) : Saturday, September 4th from 1pm – 3pm AND Sunday, September 5 from 1pm – 3pm.

Come by and say ‘hello’ to the Vancouver Realty Online team.

Tweet This Post

Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of
properties coming on to the market have been declining. The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,202 in August 2010.

This represents a 36 per cent decline from the 3,441 sales in August 2009, the second highest selling August ever recorded, and a 2.4 per cent decline compared to July 2010. From a wider perspective, last month’s residential sales represent a 40.4 per cent increase over the 1,568 residential sales in August 2008, a 34.9 per cent decline compared to August 2007’s 3,384 sales, and a 26.6 per cent decline compared to August 2006’s 2,998 sales.

New listings for detached, attached and apartment properties declined 17.5 per cent to 3,750 in August 2010 compared to August 2009 when 4,544 new units were listed. Total active listings in Greater Vancouver currently sit at 15,421, a 6.1 per cent decline from last month and a 29 per cent increase from August 2009.

Please click HERE for the full report.

Tweet This Post

Downtown Attached Market Update August 23 – August 30 :

Supply conditions trended downwards this past week as new listings adjusted to meet lower-then-average demand through the last two weeks of August.  This past week we saw 146 new attached listings across Vancouver West (down from 166 new attached listings in the previous week).  The downtown neighbourhoods accounted for the majority of the supply decrease with 86 new attached listings (down from 108 new attached listings in the previous week).  The downtown core continued to be the most prolific listing neighbourhood due to density with 53 new attached listings, well False Creek North saw listing activity fall by 50% down to 8 new attached listings.  Coal Harbour remained relatively static with 12 new attached listings (when compared to 11 new attached listings last week).

Please click HERE for the full article.

Tweet This Post

Westside Vancouver Attached Report August 23 – August 30:

Supply conditions remained stable across the Westside this past week with 60 new attached listings (up slightly from 58 new attached listings in the previous week).  Fairview continued to be the most active supply area with 25 new attached listings well traditionally active Kitsilano continued to trend downwards with 11 new attached listings this week.  The Westside neighbourhoods accounted for a higher percentage of listing activity, however; as we saw 146 new attached listings across Vancouver West with the Westside accounting for 60 new attached listings or roughly 41% of new supply activity.

Please click HERE for the full article.

Westside Vancouver Detached Report August 23 – August 30:

Detached listing supply remained stable for the third consecutive week with 45 new detached listings (down slightly from 45 detached listings in the previous period).  Dunbar remained quite active on the listing side with 7 new detached listings, well Arbutus and Point Grey also continued to contribute an above-average portion of the Westside detached listing supply with 5 new detached listings in each neighbourhood respectively.  The detached markets have continued along unabated with fairly static listing figures through the bulk of the Summer months.

Please click HERE for the full article.

Tweet This Post

Downtown Attached Market Update August 16 – August 23 :

Across Vancouver West we saw 74 confirmed attached sales this week (down from the 108 confirmed sales in the previous period).  The downtown core continued to lead the way with 22 confirmed attached sales, well Coal Harbour continued to struggle with just 2 attached sales this past week (though the neighbourhood also posted lower-then-average supply figures with 11 new attached listings). The downtown neighbourhoods posted a below-average sales to listing ratio this past week with 38 confirmed attached sales to 108 new attached listings or roughly a 35% saturation rate.

Please click HERE for the full article.

Tweet This Post

Westside Vancouver Attached Report August 16 – August 23:

Supply conditions trended sharply downwards on the Westside this past week with 58 new attached listings (compared to 80 new attached listings in the previous period).  Vancouver West as a whole, however; maintained a relatively stable supply number with 166 new attached listings (down slightly from 176 new attached listings in the previous period) leading us to conclude the bulk of the new listing activity occured in the downtown neighbourhoods (65% to be precise).  The high-density Fairview and Kitsilano neighbourhoods continued to post the strongest attached supply numbers with 13 and 15 new attached listings in each area respectively.

Please click HERE for the full article.

Westside Vancouver Detached Report August 16 – August 23:

Detached listing supply continued to remain quite stable this past week as we saw 49 new detached listings across the Westside neighbourhoods (compared to 42 new detached listings in the previous period).  Listing supply should pickup in the detached market as we approach the Fall listing periods with people returning from vacation and children starting school.  Dunbar continued to be quite active with 7 detached new listings and South Granville also posted solid numbers with 8 new detached listings.

Please click HERE for the full article.

Tweet This Post

Pointe Claire

List Price : $488,000
Bedrooms : 1
Bathrooms : 1
Square Footage : 815
Tax : $1693.11 (2009)
Monthly Maintenance : $247
Public Open(s) : Sunday, August 15th from 2pm – 4pm

Come by and say ‘hello’ to the Vancouver Realty Online team.

Tweet This Post

Downtown Attached Market Update August 2 – August 9 :

Supply conditions remained relatively static through the first week of August after trending downwards to end July.  Across Vancouver West we saw 176 new attached listings this week (we’ve seen similar supply levels over the past 3-weeks) with the downtown neighbourhoods accounting for 96 new attached listings or roughly 55% of all Vancouver West attached supply.  Coal Harbour remained quite busy on the supply side after posting small supply numbers through the early Summer months with 18 new attached listings (confirmed sales volume in Coal Harbour has remained on the low side).  The downtown core remained relatively static with 46 new attached listings.

Please click HERE for the full article.

Tweet This Post

Westside Vancouver Attached Report August 2 – August 9:

Supply conditions of the Westside remained stable for the third consecutive week after falling notably in mid-July; we saw 80 new attached listings across the Westside neighbourhoods with Fairview and Kitsilano continuing to provide the largest amount of new listings with 20 and 17 new listings respectively.  The Westside neighbourhoods accounted for 80 of 176 new attached listings or roughly 45% of all new attached supply across Vancouver West.

Please click HERE for the full article.

Westside Vancouver Detached Report August 2 – August 9:

Detached supply trended downwards this past week after remaining stable to end July; we saw 42 new detached listings across the Westside neighbourhoods (down from an average of 65 new detached listings to end July).  Dunbar and Cambie remained quite active on the supply side with 6 and 5 new detached listings in each neighbourhood respectively; well Kitsilano jumped up slightly with 5 new detached listings after being relatively inactive on the supply side through July.

Please click HERE for the full article.

Tweet This Post