Vancouver's Downtown condo market saw listings up and sales down in  September and a move up market with the middle range selling better than the bottom end.  The average selling price and average $psf jumped due to more sales over $1M.  Monthly sales were higher than a year ago, but lower than any of the 3 summer months.  Condos that  "expired" and didn't sell increased from  42 to 53 (vs. 78 in Jan) and one third got relisted (this figure is on the rise) indicating that the sellers that didn't relist will revisit the market at a future date (after 2010?), so expect a future increase in inventory.   Average days on the market for condos that sold increased.  70% of the sales were under $500,000 (down from 80% in August) and sales increased in both the $500,000-700,000 price range and over $1M.  The supply is up to 3.5 months and equal to Mar/Apr level (vs.16 months last October). The only price range to see listings decrease was $500-700,000.  List price to sales price ratio dropped from 99% to 98%.  Better opportunities for buyers and sellers now need to be priced sharp if they wish to make a sale.

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