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Sales and listings stats are attached as of April 13th. With Spring Break to finish March and Easter to begin April, we’ve seen the number of units sold accelerate over the last week. Sales to listings Ratios are down from March as the number of listings coming on market were up to begin April. With sales activity increase over the remainder of the month that ratio should increase towards the end of the month.  Here’s a summary of activity in March so far:

 

Sales and Listings Stats Regional

Sales and Listings Stats Houses, Townhouses and Condos

 

Greater Vancouver – 1,115 Units Sold so far in April 2013, 2,373 Sold in March 2013, Sales to Listings Ratio (Absorption Rate) is at 41%.

 

Vancouver West - 220 Units Sold so far in April 2013, 533 Sold in March 2013, Sales to Listings Ratio (Absorption Rate) is at 41%.

 

Vancouver East - 102 Units Sold so far in April 2013, 225 Sold in March 2013, Sales to Listings Ratio (Absorption Rate) is at 36%.

 

North Vancouver – 88 Units Sold so far in April 2013, 206 Sold in March 2013, Sales to Listings Ratio (Absorption Rate) is at 34%.

 

West Vancouver – 34 Units Sold so far in April 2013, 78 Sold in March 2013, Sales to Listings Ratio (Absorption Rate) is at 29%.

 

Richmond – 146 Units Sold so far in April 2013, 280 Sold in March 2013, Sales to Listings Ratio (Absorption Rate) is at 44%.

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