Vancouver real estate in the West End saw September listings steady at 171 (equal to feb'08) and sales at 65 (less than the peak of 88 in June) resulting in 2.6 months of inventory, second lowest month for the year after July.  The days on the market for condos that sold increased from 29 to 39.  The average selling price jumped to nearly $700,000, distorted by a Shangri-la sale over $5M, which also distorted the sale price psf.   75% of the sales were under $500,000 and 14% were over $1M, up from 6.5% the month before. The list price to sale price ratio flat at 98% and the highest for the year, indicting little flexibility on the price from sellers. In February the market under $300,000 was selling the best -currently 20% of the solds. Overall a healthy market with more sales at the high end.

Listings - 171.  13 listed under $300,000 (including 2 under $200,000). 45 listed between $300,000 and $400,000. 33 listed between $400,000 and $500,000.  45 listed between $500,000 and $1M.  26 listed between $1M & $2M. 9 listed over $2M

Least expensive -$198,00 for a leasehold one bedroom

Most expensive - $5,888,000 for 4500 sq-ft in Shangri-la. View it

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maggie chandler

Vancouver, BC

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chandler realty

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