We have compiled sales and listings statistics for the holiday period running from December 29th - January 5th, and released them in this easy to read format! If you have any further questions or require more detail please get in touch with us. Please remember the holidays are a traditionally slow period for us, and thus figures are usually lower then annual averages.
Listing versus Sales update for December 29 - January 5
55 new listings in the Vancouver West Region with 35 (64%) falling in the downtown areas (including: West End, Downtown, Coal Harbour, and False Creek North sub-areas).
New Listings Per Sub-Area:
* Downtown Core: 16 (46%)
* Coal Harbour: 11 (31%)
* West End: 1 (3%)
* False Creek North: 7 (20%)
TOTAL : 35
26 total sales in the Vancouver West Region with 15 (60%) falling in the downtown areas.
Sales Per Sub-Area:
* Downtown Core: 8 (53%)
* West End: 4 (27%)
* Coal Harbour: 0 (0%)
* False Creek North: 3 (20%)
TOTAL : 15
As we can see downtown is still one of the more active real estate markets in the Vancouver West Region with listing ratios remaining at around the 65% mark, and sales ratios rising to 60% of regional aggregates. The sales to listing ratio in the period rises to [26 : 55] or 47%, which marks a slight dip from last periods numbers most likely due to the brief New Years slowdown that usually runs through the first week of January. Of those sales the majority of product moved in the $300,000 to $600,000 price bracket. New listing numbers maintained the relative 'low point' this past week as we expect they will through mid-to-late January.
If you have any questions about specific figures or activity in your neighbourhood please do not hesitate to give us a call! And remember to visit www.susankeevil.com for up to date statistics, new listings, and all relevant real estate news!
Cheers
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