Attached are the Sales and Listings Stats update. Trending towards, in most areas, to a Buyer’s Market, however the East Side Remains strong with a 4 month supply. An adjustment of Seller’s expectations may be needed. Buyers have had choice this spring especially in the condo side of the market but with sharp pricing comes movement so buyers need to prepared to make the jump when they find something they like. Some highlights of the market are:

Greater Vancouver: As of April 21, 1,966 Sales (3,270 Sales in April 2011), 17,154 Active Listings (15,239 in April 2011)  – should finish the month with a 7 Month’s Supply

Vancouver West Side: As of April 21, 386 Sales (761 Sales in April 2011), 3,260 Active Listings (2,624 in April 2011) – should finish the month with a 7 to 8 Month’s Supply

Vancouver West Side Detached: As of April 21, 88 Sales (214 in April 2011), 902 Active Listings (590 in April 2011) – should finish the month with a 7 to 8 Month’s Supply

Vancouver West Side Condos: As of April 21, 260 Sales (451 in April 2011), 2,007 Active Listings (1,766 in April 2011) – should finish the month with a 6 to 7 Month’s Supply

 

Vancouver East Side: As of April 21, 232 Sales (322 in April 2011), 1,288 Active Listings (1,094 in April 2011) – should finish the month with a 4 Month’s Supply

Vancouver East Side Detached: As of April 21, 91 Sales (171 in April 2011), 534 Active Listings (528 in April 2011) – should finish the month with a 4 Month’s Suppy.

sales and listings stats regional1.pdf

sales and listings stats houses townhouses and condos.pdf