Above are the May Vancouver (west side) real estate graphs for houses, townhouses and condos. Listings up in all categories and sales were lower, compared to April.
Condo listings increased 2,500 vs 1500 a year ato. New Listings – May 1,025, Apr 1163 , Mar 1168 ,Feb 601, Jan 850, Dec 349, Nov 621, Oct 833 , Sept 798. Sales - May 495, Apr 539, Mar 387 ,Feb 342, Jan 298, Dec 397, Nov 483, Oct 529, Sept 477. Busiest price range is $350,000 to $400,000 (up from $300-350k in Jan). Year to Date sales over $1 Million - 188 sales. Total of 2,061 sales for the year vs 1,643 in 2009.
Townhouse listings - 385 vs 340 a year ago. New listings for Apr 194 ,Mar 175 ,Feb 86. Jan 30, Dec 34 , 77 in Nov, 94 in Oct and 136 in Sept. Sales - May 67, Apr 88, Mar 64, Feb 54, Jan 30, Dec 62, 64 in Nov, 78 in Oct and 81 in Sept. Busiest price range is $750,000 to $800,000. 85 sales over $1M. 303 sales for the year vs 312 last year.
House listings - 800 vs 600 a year ago. New listings - May 385, Apr 424 , Mar 370 ,Feb 220, Jan 244, Dec 86, Nov 136, Oct 238, Sept 310. Sales – May 150,Apr 193, Mar 208 ,Feb 130, Jan 102, Dec 133 , Nov 141, Oct 200. May’09 sales were 232. $900k to $1M – 20 sales this year. Year to date sales 783 vs 715 in 2009.
Vancouver reflections - The Median Price shows prices softening in all categories and inventory still increasing.
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from rebgv, though deemed to be correct, the above should be verified
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