East Van moves into a Sellers Market!

As of February 2014:

The East side has recently moved into a 'Sellers Market' from a balanced market.  Currently, Attached Properties (townhouses and condos) are averaging a 31% sales ratio average (3.1% in 10 homes selling).  Detached Properties are averaging 33% (3.3% in 10 homes selling)

East side homes are selling on average 2% below asking price.  

The most active price band for Attached Properties: $700k - $800k with an average 75% sales ratio (Sellers Market)
The most active price band for Detached Properties: $600k - $700k with an average 55% sales ratio (Sellers Market)
Sellers Market       21% & Greater
Balanced Market   15% to 20%
Buyers Market       14% & Less

Good news for all of us that own on the East side.  If you have any questions or require more information, please don't hesitate to contact me.