We have compiled sales and listings statistics for the holiday period running from December 15th - December 29th, 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 15 - December 29

69 new listings in the Vancouver West Region with 45 (65%) falling in the downtown areas (including: West End, Downtown, Coal Harbour, and False Creek North sub-areas). 

New Listings Per Sub-Area:

• Downtown Core: 21 (47%)
• Coal Harbour: 5 (11%)
• West End: 11 (24%)
• False Creek North: 8 (18%)
  

TOTAL : 45

53 total sales in the Vancouver West Region with 25 (47%) falling in the downtown areas.

Sales Per Sub-Area:

• Downtown Core: 12 (48%)
• West End: 7 (28%)
• Coal Harbour: 4 (16%)
  
• False Creek North: 2 (8%)

TOTAL : 25

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 47% of regional aggregates.  The listing to sales ratio in the period rises to [53 : 69] or 76%, which continues a significant trend of change from the past 2 months as new listings continue to fall off across Vancouver West.  Of those sales the majority of product moved in the $300,000 to $600,000 price bracket.  New listings continued their decline this past week as we expect they will through January.

If you have any questions about specific figures or activity in your neighbourhood please do not hesitate to give me a call!  And remember to visit www.mrdowntown.ca for up to date statistics, new listings, and all relevant real estate news!

Cheers

Mr. Downtown