January 2013 Market Report

Official Market Type Downtown for January 2013:

Buyers market at 14% Sales Ratio average (15% is a Balanced market)

-Homes are selling on average 4% below list price
-Most Active Price Band* +/- $1 mil: $300,000 to $400,000 (Sellers Market); $1.25 mil to $1.5 mil (Buyers market)
-Buyers Best Bet* under $1 mil: Homes from $800,000 to $900,000 (Buyers market), Coal Harbour and 3 bedroom properties
-Sellers Best Bet*: Selling homes in Downtown, and up to 1 bedroom properties
* With a minimum inventory of 10 where possible

For Full report go to http://www.vancouver-properties.ca/snapstats.html

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