It's a Buyer's Market! Vancouver Westside Single Family Market Update

Download your own stats package here:
What’s hot What’s Not – Vancouver Westside – Single Family for Sept 2016
- The market in the Westside is now favouring buyers.
- Although prices are steady at an all time high of $3.5m, the number of homes sold is way down.
- Only 63 homes sold last month. Down 70% from April (peak sales) of this year
- tricky is supply is low at 574 homes on market.
- Stalemate now between buyers and sellers,
What’s Hot (21% or more for a sales ratio or S.R.)
- Point Grey most active
- 7 / 37 sold here - 19% s.r.
- which price categories favouring sellers
- $2M - $2.25M - 5 / 15 sold 33% s.r.
- $2.5m - $2.75M - 8 / 19 - 42% s.r.
What’s not hot (14% or less for a SR)
- Marpole 2 / 48 - 4% sr
- Arbutus 2 / 28 sold - 7% sr
- which price category
- $4.5m plus price category 16 / 302 sold 5% sr


No comments

Post Your Comment:

Your email will not be published
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.