Vancouver’s West End Market Analysis for April 2008
by Maggie Chandler on May 17, 2008
in West End
Vancouver’s West End is well supplied with listings. The market under $500,000 is by far the most active.
Listings 232 – a whopping 60 have had their list price reduced. 135 are listed under $500,000 and 57 are listed between $500,000 and $1 million and 28 are listed between $1 and $2 million, leaving 7 over $2 million. The most expensive is $5,775,000
Sales 38 – 10 had List Price reductions. 26 sold under $500,000 and the remainder sold under $901,000. The least expensive West End condo to sell in April was $262,000.
Days on the Market 30. Average Sale Price $478,000 . 6 months of supply. Average $ pr sq ft – 598. Sale price to list price ratio: 98%
Read my West End stats for last month . Buying or selling a West End condo? Fill out my Contact Form.
View my recent article on BC’s 10th largest town – the West End,with a population of 40,000+, which we think has the best value in West Side condos.
Currently no pre-sales in the West End. 1550 Barclay is a conversion with suites still available and rental friendly. Contact me for more info.
Reflections – a bottom end market. Majority of sales under $500,000 with aover 4 months supply. 5 months supply between $500,000 and $1 million No sales over $1 million.
Tagged as:
market analysis,
vancouver west end,
west end listings and sales
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WELCOME! And thanks for checking out my site, and wanting to know a little bit about me.
I LOVE what I do, and that’s helping home buyers and home sellers in the waterfront condo neighbourhoods of Vancouver and I’ve been doing just that for nearly 30 years, so I’ve really gotten to know this market like the back of my hand. In fact I’ve seen Vancouver’s neighbourhoods of Coal Harbour, Downtown, Kitsilano, False Creek North, the West End and now the Olympic Village being built and I have an in depth knowledge of these neighbourhoods. My interest in Vancouver’s history combines with my interest in the changes and growth of its waterfront neighbourhoods. If you see me walking on the seawall, playing tennis or boating, say hello!
The city of Vancouver and its neighbourhoods of Coal Harbour, Downtown, Kitsilano, False Creek North, the Olympic Village and the West End have been put on the world map with its dynamic growth, international immigration, hosting the 2010 Winter Olympics, amazing world class restaurants, geographical beauty and quality of life. Consistently voted the Best City in the World to live, you can find great shopping, sports and entertainment in Vancouver.
I assist first time and trade up home buyers, investors and vacation home buyers, as well as first time and trade up home sellers, investors and vacation home sellers with the purchase and sale of houses, townhouses and condominiums.
I come armed with stats and graphs and an extensive knowledge of market activity, with attention to detail that will give you piece of mind that I’m working in your best interest, I am a hard working, detail oriented, diligent individual with strong interpersonal skills, patience and a high level of integrity . My goal is to make the home buying and the home selling a fun trip with low stress and I use today’s technology to make every real estate transaction as smooth as possible by clearly answering your questions, providing expertise and offering a savvy opinion.
Providing trustworthy real estate services in the Vancouver area for over 30 years
has written 1921 articles.
{ 2 comments… read them below or add one }
Such market analyses should be done by all, not only Vancouver realtors. It would be informative not only for people who work on the market every day but also for first-time buyers/sellers. These people could, in a few clicks, get in touch with the basic info and thus would now when they are being ripped of (or not).
great idea jay! it would make life easier for everyone and it’s so easy for REGGV as they have the info on the computer
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