Downtown Vancouver Real Estate Statistics and Chart for April 2009

April 2009 was yet another strong month in the Vancouver real estate market. Once again, Vancouver West saw some of biggest improvements. Sales were up 31.54% while listings were up only 1.73% (both month over month). You can read my review of Vancouver real estate for March 2009 here.

Downtown Vancouver Homes for Sale (Downtown Vancouver Condos only) – 457

For the seventh month in a row (8 of 9) Active Listings in downtown Vancouver fell. In the month of April they fell from 547 in March to 457. For the first time in a year, the total number of listings in Downtown Vancouver is below those levels a year ago.

Downtown Vancouver Homes Sold (Downtown Vancouver Condos only) – 120

Sales were well up in April 2009 over the previous month. There were 120 sales in April 2009 from the 90 seen in March. April saw sales increase for the fourth month in a row.

The Average Sale Price fell slightly to $395,000 from $402,000. This was the third month in the last four that the Average Sale Price fell. Of units sold, the Cumulative Days on Market rose to 107 (from 94). Average Price Per Square Foot for downtown Vancouver condos fell to $534 from $541 in March 2009.

Downtown Vancouver Home Sale Prices (Downtown Vancouver Condos only)

There were 3 sales under $200,000, 25 sales between $200,000 and $300,000, 44 sales between $300,000 and $400,000, 31 sales between $400,000 and $500,000, 9 sales between $500,000 and $600,000, 5 sales between $600,000 and $700,000, 2 sales between $700,000 and $800,000, and 1 sale between $1,200,000 and $1,300,000.

The least expensive sale was a 31 year old 461 sq ft studio that sold for $175,500. The most expensive downtown Vancouver condo that sold in February was an 1 year old 1614 sq ft 2 bed, 3 bath condo for $1,250,000.

Downtown Vancouver Monthly MLS Statistics - April 2009

Downtown Vancouver MLS Statistics – March 2009

Please Donate

On June 22nd, 2009 I will be attempting to break the record for the most ascents of the Grouse Grind for charity. The Royal LePage Shelter Foundation is an incredible organization which is there to help women and children suffering from domestic abuse. Of every dollar donated, 100% goes directly to those in need (Royal LePage covers all administrative costs of the charity).

Donate to the Royal LePage Shelter Foundation

More Information on Vancouver Real Estate

There is more information on Downtown Vancouver real estate on this page, or search Downtown Vancouver homes for sale right here. Should you want to learn more about the Vancouver real estate market generally you can check out this page.

You can check out the Downtown Vancouver MLS statistics for March, 2009 right here, or all of my blog postings on Downtown Vancouver real estate here.

If you are thinking of buying or selling, or just have questions, contact me here or send me a quick email.

Copyright © 2009 Downtown Vancouver Real Estate in the Vancouver Realtor Blog by Sebastian Albrecht, Vancouver Realtor with Royal LePage Westside ”Downtown Vancouver Real Estate Statistics and Chart for April 2009”