Here are the weekly statistics for the Real Estate Board of Greater Vancouver in the week of June 15th, 2008 – June 21st, 2008 for my market area of Vancouver East and Vancouver West.
Comparing the numbers week-to-week, we see a slight bump in sales (+3.3%) and a more significant drop in new listings (-11.5%) with a barely perceptible overall rise in active listings (+0.13%). Here are the details:
New Listings: 460 (-11.5%)
Avg List Price: $842,357 (-4.1%)
New Detached: 147 (-19.7%)
New Attached: 313 (-7.7%)
Sales: 186 (+3.3%)
Avg Sale List Price: $806,606 (+3.7%)
Avg Sale Sell Price: $778,947 (+3.7%)
Avg Difference: 3.55% (-0.02)
Avg DOM for Sale: 37.82 (+1.69 days)
Sell/List Ratio: 40.4% (+4.3)
Price Changes: 309 (-10.68%)
Avg New List Price: $820,746 (-8.14%)
Avg Old List Price: $856,291 (-7.36%)
Avg Difference: -4.33% (+0.75)
Avg DOM for Price Change: 44.95 (-3.71 days)
Active Listings: 5297 (+0.13%)
Sebastian Albrecht, Vancouver Realtor with Royal LePage Westside
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Related posts:
- Weekly Vancouver Real Estate Update – September 21st 2009 – Fall is Here
- Weekly Vancouver Real Estate Update – November 23rd 2009 – The Holiday Wall Approaches
- Weekly Vancouver Real Estate Update – November 30th 2009 – Holiday Resilience
- Weekly Vancouver Real Estate Update – September 28th 2009 – Holding Steady
- Weekly Vancouver Real Estate Update – December 7th 2009 – Snow Effect
