Vancouver’s West End Market Analysis August 2008
September 12th, 2008 Categories: Vancouver Housing Market, Vancouver Real Estate, West End
Vancouver’s West End market saw listings in August up a tad from 235 in July to 246 in August. Sales were flat(25 vs 25 in July) The days on the market for condos that sold increased from 51 to 57. The average selling price dropped from $496,935 to $386,344. Very much a bottom end market.
Listings - 246 - there is currently a 9.8 month supply of condos in Vancouver’s West End. The least expensive is $139,000 which is a studio at 1250 Burnaby and is a foreclosure. 90 of them have had a list price reduction.
3 are listed under $200,000. 30 condos are listed under $300,000, including a 630 sq.ft. condo at 1855 Nelson, west of Denman. 77 listed between $300 & $400K. 50 listed between $400 & $500K. 51 listings between $500 & $800K. 16 listings between $800K and $1 million and 28 over $1 million, including 7 over $2 million.
2008 Listings - Jan 168, Feb 172 , Apr 232 , May 241 , June 235, July 235, Aug 246
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B.C.’s 10th Largest Town - Vancouver’s West End
April 18th, 2008 Categories: Vancouver Real Estate, West End
Vancouver’s West End is the 10th largest town in BC
Ozzie’s office called me last week for some information on the West End because I have been working in the hood since 1981. Yikes! I’m honoured and at the same time feeling like an ole vet! Read the rest of this entry »
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