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What's hot What's Not -- East Vancouver -- Single Family for May 2014
Still on fire - 8 Days on Market - very much favouring sellers - Avg $915k and 183 / 443 homes sold. Avg price down from March $940K avg.
What's Hot (21% or more for a sales ratio)
-Fraser -very hot --100% sales ratio -- 25 / 25 sold
-Grandvie - very strong - 50% sales ratio also 9 / 18 sold
-Main - 54% sales ratio - 12 / 22
- $700K - $800K - 100% sales ratio smokin 29 / 29 sold
- $800K - $900 - 51 / 75 sold or 68% sales ratio
- $1M - $1.25M - 47 / 97 sold or 48% sales ratio
What's not hot (14% or less for a sales ratio)
- high end luxury market really cooled since Feb
- $1.5M - $1.75M 12% sales ratio with 4 / 34 sold
- Killarney 11 / 50 sold - 22% sales ratio - still sellers
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