Snapshot of Housing Stats - See how your neighbourhood is in todays market.

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Eastside vs. Westside Market Stats as of March 31, 2014:

Attached Market (condo's and townhouses):


The Westside Attached market is currently in a Balanced market with a 19% sales ratio average (1.9 in 10 homes selling).  Homes are selling on average 2% below asking price.  The most active price band is the $400k - $500k; $700k - $800k with average 27% sales ratio.  This portion of the market is in a Sellers Market.


The Eastside Attached market is currently in a Sellers Market with a 31% sales ratio average (3.1% in 10 homes selling).  Homes are selling on average 1% below list price. The most active price band is $700 - $800k with 47% sales ratio. (Sellers Market)

Detached Market (houses):

Westside detached houses are currently in a Balanced Market at 20% sales ratio average (2 in 10 homes selling). Homes are selling on average 3% below list price. The most active price band is  $1.25 to $1.5mil and $2.5 mil to $2.75mil.

Eastside detached houses are currently in a Sellers market at 39% Sales Ratio Average (3.9% in 10 homes selling). Homes are selling on average at list price with the most active price band $700 - $900k with average 66% Sales Ratio (Sellers Market)

Sellers Market: 21% or Greater
Balanced Market: 15 - 20%
Buyers Market: 14% & Less


 
For more detailed statistics in your neighbourhood, contact me at 604.739.1129 or homes@pamelasmith.ca .  
 

About Your Realtor

Pamela recently received the Presidents Award for outstanding achievement in 2013. Most of my business comes from my past clients and those they introduce me to.  Thank you so much for your support.    

TIMING 

Timing is everything!  If you are considering listing your property, the time is now. Many Buyers are out looking! Waiting until later means that more properties come onto the market and it increases your competition.  Make your property stand out! Get your property on the market before others do. 
Please ask me about my referral - reward program. I am never to busy for your family, friends, or co-workers and would appreciate your recommendations. Introduce me to someone you care about that needs someone they can trust.

Fact:  The average budget of a first time home buyer in Vancouver is $506,500.






 
Pamela Smith
Sutton West Coast Realty
homes@pamelasmith.ca

www.pamelasmith.ca
Copyright (C) *|2014|* *|Pamela Smith:Sutton West Coast Realty|* All rights reserved.