West End Vancouver Real Estate MLS Statistics and Chart for November 2008

Here at the Vancouver Real Estate Blog I try to keep you as up to date as possible on what’s happening in the Vancouver real estate market. To that end, here’s another one of my market area updates.

This update is for the West End of Vancouver in November 2008. I’ve included the chart above so that you can see visually what’s been happening in the West End Vancouver real estate market over the course of the past year.

West End Vancouver Homes for Sale (West End Vancouver Condos only) – 307

The Total Active Listings in the West End of Vancouver rose to 307 this past month. This is a new high for the year, unlike many of the other communities in Vancouver that saw a drop in new listings.

West End Vancouver Homes Sold (West End Vancouver Condos only) – 15

With just 15 Sales this past month, this was only a slight drop from the previous month’s 16 Sales. However, 15 is a dismal number and is also a record for the year. In the meantime, Average Sale Price held relatively steady at $375,000, rising slightly from the low reached last month.
Average Days on Market was also relatively flat at 60 (from 58 in October). The Average Per Square Foot Price was $492 for West End Vancouver condos in October, 2008.

West End Vancouver Home Sale Prices (West End Vancouver Condos only)

There was 1 sale below $200,000, 5 sales between $200,000 and $300,000, 3 sales between $300,000 and $400,000, 3 sales between $400,000 and $500,000, 1 sale between $500,000 and $600,000, 1 sale between $600,000 and $700,000 and 1 sale between $700,000 and $800,000.

The least expensive sale was a 550 sq ft, 38 year old one bedroom for $181,000. The most expensive sale was a 1374 sq ft, 27 year old 2 bedroom for $732,000.

Looking for More Information on Vancouver Real Estate?

You can find every home for in the West End of Vancouver right here. Before making any decisions, you might want to learn more about the Vancouver real estate market generally.

You might also be interested in checking out some of the other regular stats that I compile:

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