Diane Birk
Royal LePage Westside
5970 East Boulevard , Vancouver, BC
P: 604-261-9311
F: 604-261-6648
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Tuesday, January 13, 2009 - Listing Counts Holding Steady

We started off 2009 with 2,571 listings on the Westside.  In the past 13 days, 314 new listings were reported, along with 53 sales.  However, the overall inventory count remains largely unchanged, at 2,706.  With new listings, or relisted properties coming back to market, other properties are still being withdrawn.  The mood among my piers remains optimistic that this is still a great time to buy.  We are seeing some amazing deals right now.  For example, a recently renovated house on a 50’ x 130’ lot in Dunbar, just sold for $915,000, over 40% less than the original asking price!  Having said that, not every Seller is so highly motivated, but one will not find a great deal without making an offer.  Buyers who continue to "look" without acting, will miss out on some great opportunities. 
posted in General at Tue, 13 Jan 2009 14:02:17 -0800



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