Vancouver Housing Market

Vancouver Real Estate Statistics for Downtown March 2009

by Maggie Chandler April 24, 2009 Downtown

Vancouver’s Downtown condo market saw listings drop 20% in March compared to February and are the lowest since January 2008.  69 condos expired and came off the market (vs. 78 in Jan). Sales increased 40% to 129 and are the highest since Mar’08 and have quadrupled since last December.  Average days on the market for condos flat at 51. The average price for Downtown condos that sold jumped …

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Vancouver Real Estate Statistics for False Creek North March 2009

by Maggie Chandler April 23, 2009 False Creek North

Listings Down! Sales Up! Vancouver real estate analysis for False Creek North in March(compared to February) saw listings down to 231 from 240.   Sales up to 28 from 18. Days on the market up from 41 to 77.  The average selling price down from $672,000 to $592,388.  Average $ psf is down to $600. The average supply of condos in this waterfront hood dropped to 8 …

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Affordability Drives Vancouver Real Estate Sales Higher

by Maggie Chandler April 16, 2009

British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 35 per cent to $2.3 billion in March, compared to the same month last year. Residential unit sales declined 25 per cent to 5,464 units during the same period. The average MLS® residential price …

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Vancouver Real Estate Market Improves Again in March 2009

by Maggie Chandler April 2, 2009

The Metro Vancouver housing market experienced a movement away from volatility and toward stability to start the spring season.

Home sales in March 2009 returned to levels witnessed at the beginning of the decade, with 2,265 sales recorded across Metro Vancouver for the month, a 53 per cent increase over February but …

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Vancouver Real Estate Analysis for Downtown, February 2009

by Maggie Chandler March 23, 2009 Downtown

Vancouver’s Downtown condo market saw listings flat in February compared to January.  69 condos expired and came off the market (vs. 78 in Jan). Sales doubled from 52 to 90 and have tripled since December.  Average days on the market for condos that sold dropped  from  56 to 49. The average price for Downtown condos that sold was down slightly from $413,171 to $371,831. The average $ …

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Vancouver Real Estate Analysis for False Creek North, Feb’09

by Maggie Chandler March 21, 2009 False Creek North

Listings Down! Sales Up! Vancouver real estate analysis for False Creek North in Febuary(compared to January) saw listings down to 240 from 258.   Sales up from 15 to 18. Days on the market down from 53 to 41. The average selling price up from  $624,000 to $672,000.  Average $ psf is also up. The average supply of condos in this waterfront hood dropped from 17 months in …

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Vancouver Real Estate Market Analysis for West End February 2009

by Maggie Chandler March 16, 2009 West End

Vancouver real estate in the West End saw increased optimism in the New Year with listings  up slightly from 253 in January to 274 in February, having reached a record high for the year in November.  Sales were up from 26 to 34 having reached a  record low for the year in November.  The days on the market for condos that sold dropped from 69 to 44. The average …

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Vancouver Real Estate Analysis for Coal Harbour February 2009

by Maggie Chandler March 11, 2009 Coal Harbour

 Vancouver’s Coal Harbour statistics for February show listings dropped from 220 to 212 and are back to the level they were in June.  Sales up to 11, from 8 in January.   Days on market dropped to 47, from 70 in January.  Average selling price $1,013,590 for condos that sold.   Coal Harbour has 19 months of supply on the market, down substantially. The average sale price …

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Vancouver Real Estate Analysis for Kitsilano February 2009

by Maggie Chandler March 5, 2009 Kitsilano

Vancouver real estate market analysis for Kitsilano condos saw sales more than double in February, compared to January. February saw the highest number of sales since July last year.  Listings flat at 107 from 104 in January. Average price for sold condos down to $417,000.  Average Days on the market for sold condos down to 38. List price to sale price ratio …

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Vancouver Real Estate Analysis for False Creek North, January 2009

by Maggie Chandler February 19, 2009 False Creek North

Vancouver real estate analysis for False Creek North in January 2009 saw listings up from 229  in December 2008 to 258.   Sales more than doubled from December. Days on the market down from  61 to 53. The average selling price dropped from $947,259 to $624,000.  The average supply of condos in this waterfront hood dropped from 38 months to 17.  This neighbourhood is least supplied …

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