Vancouver Condo Market Report


Blog by Arnold Shuchat | January 8th, 2014


December  2013 Vancouver Westside Condo Market Analysis

Sub areas Inventory Sales Sales Ratio
Arbutus 0 0
Cambie 2 0
Coal Harbour 66 5 7.58%
Downtown 179 28 15.64%
Dunbar 5 1 20.00%
Fairview 43 8 18.60%
False Creek 72 14 19.44%
Kerrisdale 6 0
Kitsilano 45 6 13.33%
McKenzie Heights 0 0
Marpole 6 1 16.67%
Mount Pleasant 10 0
Oakridge 1 0
Point Grey 4 0
Quilchena 20 0
SW Marine 0 0
Shaughnessy 0 0
South Cambie 0 0
South Granville 9 0
Southlands 0 0
University 52 2 3.85%
West end 57 10 17.54%
Yaletown 100 18 18.00%
Totals 677 93 13.74%
Price Active Sold Sales Ratio
<$200k 2 0 0.00%
201-300 35 11 31.43%
301-400 102 21 20.59%
401-500 130 21 16.15%
501-600 88 17 19.32%
601-700 75 5 6.67%
701-800 59 4 6.78%
801-900 40 4 10.00%
901-1000 23 2 8.70%
Style of home Inventory   Sales Sales Ratio
0-1 BR 298 46 15.44%
2 BR 330 39 11.82%
3 BR 46 5 10.87%
4 or more BR 3 0 0.00%
Total 677 90 13.29% 

The above numbers were derived from an analysis post Decebmer 31, 2013 to increase the reporting accuracy.  They are of course subject to change quickly as product gets listed and the market activity picks up after the holidays.  Buyers would look for high inventory areas with low activity and sellers, the opposite.