Blog › May 2012

Uptown Vancouver Blog

New Listing # 101 2036 W 10TH AV, Vancouver, BC

V953907 - 101 - 2036 W 10th Ave, Vancouver, British Columbia, CANADAView my new listing for sale SOLD at 101 - 2036 W 10th Ave, Vancouver and currently listed at $625,000.SOLD

THE TENALI on 10th in Kitsilano. This immaculate 2 bed 2 bath + den has had many designer updates including kitchen and living areas, beautiful walnut flooring throughout, custom walnut limestone fireplace and lighting to name a few. The 2 entrances make this unit feel like a walk up townhouse (easy access for parents with strollers). Large patio surrounded by green give you a sense of privacy. No shared walls with any other unit and lots of storage with a walk in closet in the master, a large pantry in the kitchen and a Storage Locker. Walk to all the parks and shopping nearby. Unit comes with 1 parking + 1 storage Lkr. Great building, very well run with low maintenance and full concrete construction. Great Value & location

Recently Sold Listing # 701 27 ALEXANDER ST, Vancouver, BC

V943362 - 701 - 27 Alexander Street, Vancouver, British Columbia, CANADAI have just recently sold this listing at 701 - 27 Alexander Street, Vancouver.

April Stats - Eastside and North Van inventory Low

In most markets, the amount of homes available for sale are growing creating a balanced to Buyer’s Market in some cases. Richmond is still firmly entrenched in a Buyer’s Market. The Eastside and North Van remain strong with low supply. Pricing remains steady and with sales levels below typical amounts for April, pricing needs to be sharp for sellers. Buyers are active and there are opportunities for them to act on.

Attached below are the updated Sales and Listings Stats for the month ending April. A few numbers of note:

 

0-4 Months Supply = Sellers Market

5-6 Months Supply = Balanced Market

7 +  Months Supply = Buyers Market

 

Greater Vancouver – 2,837 Sales, down 2.2% from March 2012. At month’s end there were 17,559 active listings, a 6 Month’s Supply of properties (Balanced Market).

Vancouver West Side – 550 Sales, down 10.5% from March 2012. At month’s end there were 3,386 active listings, a 6 Month’s Supply of properties (Balanced Market).

Vancouver West Side Houses – 130 Sales, down 14.5% from March 2012. At month’s end there were 949 active listings, a 7 Month’s Supply of properties (going towards a Buyer’s Market)

Vancouver West Side Condos – 360 Sales, down 8.7% from March 2012. At month’s end there were 2,090 active listings, a 6 Month’s Supply of properties (Balanced Market).

Vancouver East Side – 341 Sales, up 1.5% from March 2012. At month’s end there were 1,302 active listings, a 4 Month’s Supply of properties (trending towards Seller’s Market).

Vancouver East Side Houses – 135 Sales, down 12.9% from March 2012. At month’s end there were 549 active listings, a 4 Month’s Supply of properties (up from 3 months in March) still in a Sellers’ Market.

Vancouver East Side Condos – 152 Sales, up 10.1% from March 2012. At month’s end there were 565 active listings, a 4 Month’s Supply of properties (Seller’s Market).

West Vancouver Houses – 83 Sales, up 6.4% from March 2012. At month’s end there were 475 active listings, a 6 Month’s Supply of properties (Balanced Market) – with some exceptions of quicker sales happening.

North Vancouver Houses – 118 Sales, down 2.5% from March 2012. At month’s end there were 33 active listings, a 3 Month’s Supply of properties (Seller’s Market with very low inventory levels).

Richmond – 307 Sales, flat to March 2012. At month’s end there were 2,552 active listings, an 8 Month’s Supply of properties (Buyer’s Market continues).

sales_and_listing_stats_regional_b.pdf

sales_and_listings_stats_houses_townhouses_condos_a.pdf

rebgv_statspackage_april2012.pdf