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“Great things are not done by impulse, but by a series of small things brought together." - Vincent van Gogh

 

Sales and listings stats are attached as of December 13, 2015. December is showing a continued decline of home inventory in the market as sales are exceeding new listings coming on market Greater Vancouver and throughout the market. Demand continues to be strong and with the holidays approaching, once again more so than previous years and with the typical December listings lull total active listings come January are likely to be a record low. Here is a summary of the activity so far:

 

Sales and Listings Stats Houses Townhouses Condos Dec 13 2015

 

Sales and Listings Stats All Regional Dec 13 2015

 

Greater Vancouver – 1,350 Units Sold so far in December 2015 compared to 2,173 Units Sold in December 2014. Total New Listings so far in November are 1,200 compared to 3,523 total in November 2015. Total Active Listings are at 8,184 (9,017 at the end of November). Sales To Listings Ratio is at 113% compared to 102% in November 2015.

 

Vancouver West - 250 Units Sold so far in December 2015 compared to 415 Units Sold in December 2014. Total New Listings so far in November are 211 compared to 646 total in November 2015. Total Active Listings are at 1,313 (1,466 at the end of November). Sales To Listings Ratio is at 118% compared to 107% in November 2015.

 

Vancouver East – 121 Units Sold so far in December 2015 compared to 266 Units Sold in December 2014. Total New Listings so far in November are 104 compared to 335 total in November 2015. Total Active Listings are at 558 (630 at the end of November). Sales To Listings Ratio is at 116% compared to 99% in November 2015.

 

North Vancouver – 107 Units Sold so far in December 2015 compared to 156 Units Sold in December 2014. Total New Listings so far in November are 89 compared to 269 total in November 2015. Total Active Listings are at 340 (399 at the end of November). Sales To Listings Ratio is at 120% compared to 102% in November 2015.

 

West Vancouver – 41 Units Sold so far in December 2015 compared to 66 Units Sold in December 2014. Total New Listings so far in November are 43 compared to 139 total in November 2015. Total Active Listings are at 409 (468 at the end of November). Sales To Listings Ratio is at 95% compared to 78% in November 2015.

 

Richmond – 185 Units Sold so far in December 2015 compared to 302 Units Sold in December 2014. Total New Listings so far in November are 232 compared to 539 total in November 2015. Total Active Listings are at 1,289 (1,348 at the end of November). Sales To Listings Ratio is at 80% compared to 93% in November 2015.

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