When is the Best time to Sell a Home in Vancouver?

Download your own Statistics Package by clicking here: https://davidsetton.com/market-updates.html

Dispel a myth. Is it bad to sell a home in the winter months in Vancouver?

- answer - definitely not!

- sellers think that people go on vacation at this time.

- when looking at the stats these individuals couldn’t be more wrong

- last year in December 2013 we saw prices in the Vancouver Westside Single Family peak and we are seeing the same trend this year.

- reason is simple economics.

- less homes are on the market

- supply drops and prices go up

- in Dec 2013 Westside single family home inventory dropped to only 525 homes and prices peaked at avg of $2.468M

- we are seeing the same trend this year.

- inventory is starting to fall again and prices are jumping up.

Comments:
No comments

Post Your Comment:

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.