Vancouver Westside Single Family Update for April 2016

Get Statistics here:https://davidsetton.com/market-updates.html


What’s hot What’s Not – Vancouver Westside – Single Family for Apr 2016

- Continues to favour sellers. Median prices seem to have stabilized over the last 3 mo. at around $3.5m

- Supply came up slightly from last month, but still very low at 524 homes on market. 220 Sold

What’s Hot (21% or more for a SR)

- almost every area in the westside is fav sell

- MacHeights and Dunbar most active

- 12 / 14 sold in MacHt - 86% s.r.

- Dunbar - 36 / 50 sold - 72% s.r.

- almost price category favouring sellers

- $2M - $2.25M - 13 / 7 sold  186% s.r. Sys can’t keep up

- $2.5m - $2.75M - 22 / 19 - 116% s.r.

What’s not hot (14% or less for a SR)

- 1 area is weaker - Shaughnessy - 9 / 75 sold

- homes over $5m 195 homes in this price and only 30 sold (15% sales ratio - edge of a buyers


Comments:
Jen setton on Apr 17, 2016 4:06 PM posted:
As usual so informative Dave. I enjoy watching these

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