Weekly Update – Vancouver Real Estate MLS Statistics April 6th – April 12th 2009

by Sebastian on April 15, 2009

This last week was a holiday week. Happy Easter for those of you that celebrate it! Holidays typically slow the market down a bit and things take a breather. This is mainly due to realtors taking time off, and this results in less activity taking place.

Amazingly, that didn’t happen this past week. I suspect that we might see some effect of the holiday this next week coming up (Easter Monday wasn’t included in these stats). Yes, New Listings were down significantly and so were Price Changes. However, Sales stayed strong and even increased…signs of a strengthening market.

New Listings fell -14.24% to 271 (from 316). This is the fifth out of the past six weeks that New Listings have fallen. Sales rose slightly +1.03% to 197 from 195. That’s the third week out of the past four that we’ve hit a new high for Sales.

The result is that the Sell/List Ratio improved once more to a very strong 72.69% (+10.98).

With Removed Listings falling back down to more regular numbers after the end of the month (-66.77%) to 106 (from 319) we still saw Active Listings fall this past week (although slightly). Active Listings fell -0.54% to 4077 from 4099.

Vancouver Weekly MLS Real Estate Statistics - April 6th - 12th, 2009

Vancouver Weekly MLS Real Estate Statistics - April 6th - 12th, 2009

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Copyright © 2009 Vancouver MLS Statistics in the Vancouver Realtor Blog by Sebastian Albrecht, Vancouver Realtor with Royal LePage Vancouver ”Weekly Update – Vancouver Real Estate MLS Statistics April 6th - April 12th 2009”

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Related posts:

  1. Weekly Vancouver Real Estate Update – October 12th 2009 – Thanksgiving Week Still Strong
  2. Weekly Vancouver Real Estate Update – December 7th 2009 – Snow Effect
  3. Weekly Vancouver Real Estate Update – September 28th 2009 – Holding Steady
  4. Weekly Vancouver Real Estate Update – September 7th 2009 – Inventory finally increasing
  5. Weekly Vancouver Real Estate Update – November 9th 2009 – Short Week Slows Market

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