Diane Birk
Royal LePage Westside
5970 East Boulevard , Vancouver, British Columbia
P: 604-261-9311
F: 604-261-6648
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Friday, January 29, 2010 - Westside Market Update - Week Ending Jan. 29/10

Listing inventory is up by 40% since January 1st, now a total of 1,950.  However, inventory for detached houses remains low at 375.  Offshore buyers are very active in the detached market, and certain properties are getting bid up significantly over the list price.  Those properties are generally centered in desirable school catchments, many with large lots.  Sales activity in all categories is generally improving from a slow start at the beginning of January.  The sale to list ratio over the past 4 weeks, consecutively is 28%, 29%, 33%, and 61%.

posted in General at Fri, 29 Jan 2010 18:38:06 -0800



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