David's thoughts on anything real estate related
Current Market Conditions for Vancouver Westside Real Estate
Official Market Type Westside Detached: Balanced market at 16% Sales Ratio average (1.6 in 10 homes selling)
Homes are selling on average 5% below list price
Most Active Price Band* +/-$2 mil: $1 mil to $1.25 mil (2 in 3 selling); $2.5 mil to $2.75 mil (Balanced market)
Buyers Best Bet* +/-$2 mil: Homes $1.75 mil to $2 mil; minimum $4.5 mil, Mackenzie Heights, South Granville and Southlands
Sellers Best Bet*: Selling homes in Cambie, Kitsilano, Quilchena and maximum 2 bedroom properties
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.