July 2012 downtown Vancouver market snapshot

Here is latest market snapshot for Vancouver downtown neighbourhoods: Yaletown, Coal Harbour, WestEnd, and Downtown West.

  • Official Market Type Downtown: Buyers market with a 13% Sales Ratio (1.3 in 10 homes selling
  • Buyers purchase 13% less homes impacting prices with a drop of 8% and inventory diminishes slightly (-2%)
  • Most Active Price Band* +/- $1 mil: $0 to $300,000 (28% selling); $1.25 mil to $1.5 mil (9% selling ~ Buyers market)
  • Buyers Best Bet* under $1 mil: Homes $700,000 to $800,000 (6 out of 100 homes selling) and Coal Harbour
  • Sellers Best Bet*: Selling a home in Yaletown (1.8 in 10 homes selling)

* With a minimum inventory of 10 where possible

For more information please visit www.vancouver-properties.ca/snapstats.html

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Sanjin Cvetkovic

Sanjin Cvetkovic

CENTURY 21 In Town Realty
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