Friday, September 10, 2010

Vancouver Real Estate Market Snapshot 9-10-10

A Look at The Numbers in Vancouver

So far in 2010, The Vancouver Real Estate has been very active, with 3546 detached (houses, land) sales (1691 under one million) and 5896 attached (condos, apartments, townhomes, duplexes, ect.)

There have been 485 detached sales in West Vancouver, 674 in North Vancouver, 595 in East Vancouver and 1202 sales in Vancouver West(Downtown Vancouver, Kitsilano, Point Grey, ect).

Comparatively, there are 500 detached listings in West Vancouver, 356 in North Vancouver, 595 in Vancouver East, and 654 in Vancouver West.

Of the 5896 attached sales so far this year, 3378 of them were under $500,000.

There have been 165 sales in West Vancouver, 863 in North Vancouver, 1171 in East Vancouver, and 3702 in Vancouver West.

Comparatively, there are 172 actives in West Vancouver, 499 in North Vancouver, 635 in Vancouver East, and 2320 in Vancouver West.

As expected the most Actives and most sales are occurring in Vancouver West. Currently, there is a very healthy balance between current listings and sales in Vancouver.

Good Listings priced well are selling quickly while tired, improperly marketed properties are expiring.

If you have any questions about the Vancouver Real Estate Market call me anytime at 604.562.0532 or write to stu@stubell.com.

Follow me on Twitter @StuBellRealtor and Find me on Facebook : Stu Bell Real Estate