Archive for the 'West End' Category
Vancouver Real Estate Analysis for West End
August 11th, 2010 Categories: Neighbourhoods, Real Estate, West End

West End real estate analysis saw July saw listings down again and sales flat, compared to the previous month. The days on the market for condos that sold increased only 46. The average selling price is $505,874 , leaving March the highest for the year. 70% sold under $500,000, resulting in a challenging market for sellers in higher price ranges. A 4.6 month supply, equal to Mar’09. but over $1M the supply is 10 months. The list price to sale price ratio increased to 97% . There remains solid value in this neighbourhood and bottom end buyers seem to recognize this, as the number of sales remains consistant. Read the rest of this entry »
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Vancouver Real Estate Analysis for West End
July 22nd, 2010 Categories: Real Estate, West End

West End real estate analysis saw June listings down and sales flatfrom the previous month. The days on the market for condos that sold increased only 36. The average selling price is $673,965 , leaving March the highest for the year. 73% sold under $500,000, resulting in a challenging market for sellers in higher price range. A 5.5 month supply equal to May’09. but over $1M the supply is 11 months. 65% of sales were under $500,000. The list price to sale price ratio steady at 96% . A strong month for West End condos and market better balanced but still favouring buyers.
Listings – 268. 141 listed under $500,000, 78 listed between $500,000 and $1M , 35 listed between $1M & $2M. 16 listed over $2M
. Priced from $189,000 to $5.7M Read the rest of this entry »
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Vancouver Real Estate Analysis for the West End
June 14th, 2010 Categories: Real Estate, West End

West End real estate analysis saw May listings up and sales down from the previous month. Listings are the highest since I started tracking them in Jan’08 and sales were the second lowest for the year. The days on the market for condos that sold increased to 32. The average selling price is $564,965 , leaving March the highest for the year. 73% sold under $500,000, resulting in a challenging market for sellers in higher price range. A 5.5 month supply equal to May’09. but over $1M the supply is 11 months. 75% of sales were under $500,000. The list price to sale price ratio down to 96% . Now a strong buyers’ market.
Listings – 290. 26 listed under $300,000, 77 listed between $300,000 and $400,000. 49 listed between $400,000 and $500,000 , 80 listed between $500,000 and $1M (up 35%), 40 listed between $1M & $2M. 18 listed over $2M Read the rest of this entry »
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West End Real Estate Analysis
May 18th, 2010 Categories: Market Data, West End

West End real estate analysis saw April listings & sales up from the previous month. Listings are higher than April 2008 & 2009 and sales are lower. The days on the market for condos that sold down to 28. The average selling price is $589,000 and lower than in Feb & Mar. 70% sold under $500,000, resulting in a challenging market for sellers in higher price range. Overall a 4 month supply but over $1M the supply is 8 months. The list price to sale price ratio flat at 97% . Read the rest of this entry »
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West End Real Estate Analysis
April 19th, 2010 Categories: Market Data, West End

West End real estate analysis for March saw listings up about 20% and sales up over 60% , compared to February. Both sales and listings on a par with March 2009. Average days on market up slightly to 38. List price to sale price ratio steady at 97%. Sales over $1M and under $500,000 increased.
Listings – 258. 24 listed under $300,000, 61 listed between $300,000 and $400,000. 7 listed between $400,000 and $500,000 , 85 listed between $500,000 and $1M( up from 55 last month) 34 listed between $1M & $2M. 7 listed over $2M Read the rest of this entry »
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Rezoning Plans for Vancouver’s West End
April 3rd, 2010 Categories: West End
The City of Vancouver imposed a moratorium on the West End (bordered by Burrard Street, Beach Avenue, Stanley Park and Robson) in the mid’ 90s and sent the developers Downtown.
Now that Downtown and Coal Harbour are close to being built out, the developers are refocusing on the West End, which is Vancouver’s oldest condo neighbourhood and was the address to have back in the early 1900s, which is evidenced by many remaining beautiful Victoria houses.
The West End is also steeped in history and geographically beautiful, bordering the Park and English Bay and a short bus ride to the business district. Read the rest of this entry »
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West End Real Estate Analysis
March 20th, 2010 Categories: Market Data, West End
West End real estate analysis saw Febuary listings up and sales down, compared to January, resulting in the supply doubling to 3 months. The days on the market for condos that sold increased to 32. The average selling price up to $604,000. The sales under $500,000 and over $1M increased. The list price to sale price ratio is 97% .
Listings – 217. 17 listed under $300,000, 52 listed between $300,000 and $400,000. 46 listed between $400,000 and $500,000 , 55 listed between $500,000 and $1M. 32 listed between $1M & $2M. 15 listed over $2M Read the rest of this entry »
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New Listing! West of Denman Condo @ 1010 Chilco Street
February 25th, 2010 Categories: West End

Fifteen years ago i received a phone call from an owner of a condo West of Denman inquiring about the value. Although I have talked to him many times on the phone and more recently by email, we had not met until last Fall and when he emailed me a couple of days ago to meet again I guessed he was ready to sell his condo.
It’s a bright and spacious 733sf l bedroom & den s.w. corner with insuite laundry and gas fireplace. Rentals permitted, 1 pet ok, and second one with permission. Engineered walnut floors. Features 2 balconies, s/s appliances, tiled entrance and backsplash. Parking and locker. Nothing to do but come home to your new Stanley Park condo. Original owner. Chilco park is a very well managed strata building. $438,000
Drop by and visit! Feb 26th 10.30-12 or Feb 27th 2-4pm
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contact Maggie when you’re ready to buy or sell vancouver real estate
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West End Real Estate Analysis
February 18th, 2010 Categories: Market Data, Real Estate, West End

West End real estate analysis saw January listings and sales up, compared to December, leaving the supply stable at less than 3 months. Listings and sales similar to Jan’09. The days on the market for condos that sold dropped from 41 to 28. The average selling price steady at $544,000. The sales under $500,000 up from 51% to 61% and the sales over $1M increased. The list price to sale price ratio is 98% .
Listings – 162. 17 listed under $300,000 (including 1 under $200,000). 32 listed between $300,000 and $400,000. 30 listed between $400,000 and $500,000(up from 14 last month) ,39 listed between $500,000 and $1M. 28 listed between $1M & $2M. 13 listed over $2M (doubled from last month) Read the rest of this entry »
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Vancouver Real Estate Analysis for West End
December 31st, 2009 Categories: Real Estate, West End

Vancouver real estate in the West End saw October listings and sales down in November, resulting in less than 3 months of inventory. The days on the market for condos that sold dropped from 47 to 30. The average selling price dropped to $568,000 but is higher than any November in the last 5 years. The sales under $500,000 dropped from 75% to 51% and the $700,000 to $1M price range increased by 50%. The list price to sale price ratio is 99% . In February the market under $300,000 was selling the best -currently less than 10% of the sales. Read the rest of this entry »
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