Downtown Vancouver Condo & Townhouse Market Update October 2013

This October was a very busy month for the Downtown Real Estate Market. With a sales ratio of 22% this places Downtown Vancouver’s Real Estate Market in a Sellers Market.  

The most active price range was under $300,000 with an average of 37% of properties selling and $400,001 to $500,000 with an average of 33% of properties selling.

All but one of downtown’s neighbourhoods was in a Sellers Market in October:

Downtown had 21% of listed properties selling

The Westend had 25% of listed properties selling

Yaletown had 31% of listed properties selling

If you are a Buyer looking to purchase a condo or townhouse in Downtown Vancouver Coal Harbour was your best bet which came in as a Buyers Market this past month with only 7% of listed properties selling.

For more details on the current Downtown Vancouver Real Estate Market contact me today!

Morgan DuVernet
Century 21 In Town Realty

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