Here are the latest statistics from the Real Estate Board - a good read - but as always with Vancouver's micro-markets based on neighbourhoods ensure you read between the lines as these are an average for the Vancouver area.
What we are seeing. If you are selling a home listed under the $500,000 mark - you should be getting a steady request to view said home as this is the most active level in the market at this time. One bedrooms in the downtown core areas - depending on condition - are selling at a steady rate. Most in under 4 weeks. There is plenty to choose from and buyers are taking their time. Look south to False Creek and you can see what is on the horizon. There are cranes galore with new product due to hit the market in the next year. Drake street has changed in dramatic fashion with 4 developements underway.
Contact me anytime - for a chat on what your needs are or will be and what is the best plan of action - FOR YOU.
And be sure to visit our new waterfront office on the Vancouver Seawall - in Coal Harbour - a first for Vancouver. Thinking of listing your home ? The 24 hour exposure at our waterfront works on your behalf - 24 hours a day. According to the City - we are now fast approaching the summer season and an estimated 4000 people a day will pass by our location.