I am going to be doing a weekly update of the real estate stats for my market area (Vancouver East and Vancouver West). I’ll start off the stats with relatively basic numbers, but I am open to expanding the scope of this update if there is demand from my clients and readers.
For the week of May 25th, 2008 – June 1, 2008 we saw:
New listings: 497
Sales: 252
Avg Sale List Price: $759,754
Avg Sale Sell Price: $740,276
Avg Difference: -2.63%
Avg DOM (Days on Market) for Sale: 30.25
Sell/List Ratio: 50.7%
Price changes: 330
Avg Old List Price: $943,603
Avg New List Price: $915,450
Avg Difference: -3.075%
Avg DOM for Price Change: 52.5
Active Listings: 4815
I’d be interested in hearing your comments.
Sebastian Albrecht, Vancouver Realtor with Royal LePage Westside
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