We have compiled sales and listings statistics for the period running from January 5th to January 12th, 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.  Things have picked up after the holiday lull through the past three weeks.

Listing versus Sales update for January 5 - January 12

182 new listings in the Vancouver West Region with 102 (56%) falling in the downtown areas (including: West End, Downtown, Coal Harbour, and False Creek North sub-areas). 

New Listings Per Sub-Area:

• Downtown Core: 49 (48%)
• Coal Harbour: 12 (12%)
• West End: 17 (16%)
• False Creek North: 24 (24%)
  

TOTAL : 102

27 total sales in the Vancouver West Region with 16 (59%) falling in the downtown areas.

Sales Per Sub-Area:

• Downtown Core: 7 (44%)
• West End: 4 (25%)
• Coal Harbour: 2 (13%)
  
• False Creek North: 3 (18%)

TOTAL : 16

Not surprisingly we see a notable increase in new listings this past week when compared to the lull caused by the holiday season in the three weeks prior. Buying figures have remained relatively static during this period, and will most likely see an increase in the next two weeks.  The sales to listing ratio dips to [27 : 182] or 15%.  Of those sales the majority of product moved in the $300,000 to $600,000 price bracket.  New listing numbers returned to pre-holiday levels this week.

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.mrdowntown.ca for up to date statistics, new listings, and all relevant real estate news!

Cheers

Mr.Downtown