As I mentioned last week, we had six weeks of consistent and steady stats in the Vancouver real estate market. Last week there was a marked improvement in many categories. This week was a vast improvement on last week.
New Listings fell for the fourth week in a row. There were 266 New Listings last week compared to 314 the week prior (-15.29%). After we saw the most Sales in a year (189) Sales dropped off slightly (-5.82%) to 178.
These numbers resulted in another rise (the third in a row) in the Sell/List ratio to 66.92%.
At the same time Removed Listings are remaining relatively flat (-5.56% to 102 from 108). They have been holding steady for the last four weeks, but we should see a spike next week with the end of month numbers.
Active Listings fell for the first time in four weeks. It’s a very modest fall, from 4310 to 4281 (-0.67%).
Weekly Vancouver MLS Real Estate Statistics - March 23rd - 29th, 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 March 23rd - March 29th 2009”
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Related posts:
- Weekly Vancouver Real Estate Update – November 23rd 2009 – The Holiday Wall Approaches
- Weekly Vancouver Real Estate Update – August 24th 2009 – Supply Drops (again)
- Weekly Vancouver Real Estate Update – August 3rd 2009 – Sales Drop
- Weekly Vancouver Real Estate Update – October 12th 2009 – Thanksgiving Week Still Strong
- Weekly Vancouver Real Estate Update – August 17th 2009 – Supply Limited
