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Sales and listings stats are attached as of March 16th. We’ve seen a much better month compared to February so far. Units sold are on pace to beat February, with less listings coming on market than we traditionally see in March. Sales to listings ratios are up compared to the first week in the month of March, and up from the January and February - showing more of the inventory is being absorbed. Here’s a summary of activity in March so far:

Sales and Listings Stats Regional

Sales and Listings Stats Houses, Townhouses, Condos

 

Greater Vancouver – 1,234 Units Sold so far in March 2013, 1,822 Sold in February 2013, Sales to Listings Ratio (Absorption Rate) is at 43%, compared to 40% in the first week and 36% in February.

 

Vancouver West - 287 Units Sold so far in March 2013, 395 Sold in February 2013, Sales to Listings Ratio (Absorption Rate) is at 53%, compared to 46% in the first week and 37% in February.

 

Vancouver East - 109 Units Sold so far in March 2013, 167 Sold in February 2013, Sales to Listings Ratio (Absorption Rate) is at 41%, compared to 41% in the first week and 37% in February.

 

North Vancouver – 113 Units Sold so far in March 2013, 156 Sold in February 2013, Sales to Listings Ratio (Absorption Rate) is at 50%, compared to 47% in the first week and 41% in February.

 

West Vancouver – 40 Units Sold so far in March 2013, 46 Sold in February 2013, Sales to Listings Ratio (Absorption Rate) is at 33%, compared to 25% in the first week and 20% in February.

 

Richmond – 140 Units Sold so far in March 2013, 221 Sold in February 2013, Sales to Listings Ratio (Absorption Rate) is at 39%, compared to 39% in the first week and 36% in February.

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