"Most of the shadows of this life are caused by our standing in our own sunshine." - Ralph Waldo Emerson

Sales and listings stats are attached as of February 23, 2014. It was a strong week for sales as close to 800 units were reported sold for Greater Vancouver last week. Total units sold thus far in February are ahead of January 2014 and February 2013. Vancouver’s Westside is already 7% ahead of February 2013 with one week left in the month and Vancouver’s Eastside is 44% ahead of February 2013. New Listings coming on market are on pace to be lower than January of this year. Below is a summary of the stats so far in February:

sales and listings stats regional feb 23 2014

sales and listing stats houses townhouses condos feb 23 2014

Greater Vancouver – 1,862 Units Sold so far in February 2014 compared to 1,822 Total Units Sold in February 2013. Total New Listings so far in February are 3,715 compared to 5,498 Total in January 2014 Sales To Listings Ratio is at 50% compared to 36% in February 2013.

Vancouver West - 424 Units Sold so far in February 2014 compared to 395 Total Units Sold in February 2013. Total New Listings so far in February are 736 compared to 1,247 Total in January 2014 Sales To Listings Ratio is at 58% compared to 37% in February 2013.

Vancouver East – 240 Units Sold so far in February 2014 compared to 167 Total Units Sold in February 2013. Total New Listings so far in February are 383 compared to 490 Total in January 2014 Sales To Listings Ratio is at 63% compared to 37% in February 2013.

North Vancouver – 140 Units Sold so far in February 2014 compared to 156 Total Units Sold in February 2013. Total New Listings so far in February are 300 compared to 404 Total in January 2014 Sales To Listings Ratio is at 47% compared to 41% in February 2013.

West Vancouver – 69 Units Sold so far in February 2014 compared to 46 Total Units Sold in February 2013. Total New Listings so far in February are 157 compared to 244 Total in January 2014 Sales To Listings Ratio is at 44% compared to 20% in February 2013.

Richmond – 241 Units Sold so far in February 2014 compared to221 Total Units Sold in February 2013. Total New Listings so far in February are 538 compared to 776 Total in January 2014 Sales To Listings Ratio is at 45% compared to 36% in February 2013.

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"Vision is the art of seeing the invisible." - Jonathan Swift

 

Sales and listings stats are attached as of February 10th. It has been a strong start to the month of February, with the best week for total sales so far in 2014. New listings coming on market are tracking lower to start February than we saw in January. That coupled with higher numbers of units sold are reflecting in a higher Sales to Listing Ratio compared to January 2014 and February 2013.

 

 sales and listings stats all residential feb 10 2014

sales and listings stats houses townhouses condos feb 10 2014

 

"Vision is the art of seeing the invisible." - Jonathan Swift

 

Here is a summary of the activity so far:

 

Greater Vancouver – 614 Units Sold so far in February 2014 compared to 1,822 Total Units Sold in February 2013. Total Active Listings are at 13,757 (14,663 at the same time in February 2013), Sales To Listings Ratio is at 46% compared to 36% in February 2013.

 

Vancouver West - 144 Units Sold so far in February 2014 compared to 395 Total Units Sold in February 2013. Total Active Listings are at 2,459 (2,695 at the same time in February 2013), Sales To Listings Ratio is at 56% compared to 37% in February 2013.

 

Vancouver East – 73 Units Sold so far in February 2014 compared to 167 Total Units Sold in February 2013. Total Active Listings are at 952 (1,076 at the same time in February 2013), Sales To Listings Ratio is at 68% compared to 37% in February 2013.

 

North Vancouver – 38 Units Sold so far in February 2014 compared to 156 Total Units Sold in February 2013. Total Active Listings are at 801 (806 at the same time in February 2013), Sales To Listings Ratio is at 32% compared to 41% in February 2013.

 

West Vancouver – 27 Units Sold so far in February 2014 compared to 46 Total Units Sold in February 2013. Total Active Listings are at 591 (631 at the same time in February 2013), Sales To Listings Ratio is at 44% compared to 20% in February 2013.

 

Richmond – 88 Units Sold so far in February 2014 compared to 221 Total Units Sold in February 2013. Total Active Listings are at 1,892 (2,075 at the same time in February 2013), Sales To Listings Ratio is at 48% compared to 36% in February 2013.

 

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It is a rough road that leads to the heights of greatness. - Seneca

 

Attached are the Sales and Listings Stats updated to the end of January 2014. January typically starts off slower and gains momentum as the month progresses. This year was no different. Only 5 times since 1986 has January seen a higher number of units sold compared to the preceding December for Greater Vancouver. As well, Greater Vancouver sales in January 2014 were higher than January 2005, with total sales in 2005 being the highest amount on record. A pretty good start after all. Total Active Listings are down from this time last year and 2012, with strong absorption of new listings coming on market – 33% in January 2014, compared to 26% in January 2013 and 27% in January 2012. The Benchmark Price for Greater Vancouver is at the same level as it was in January 2012 but up 3% compared to January 2013. So while prices declined through 2012 and into 2013, they are recovering coming into 2014. While the weather is cold to start February in Vancouver, the real estate market is starting to warm up!

 sales and listings stats all residential jan 2014

sales and listings stats houses townhouses and condos january 2014

Here’s a summary of the numbers:

 

Greater Vancouver: Total Units Sold in January 2014 was 1,804 – down from 1,990 in December 2013, up from 1,374 in January 2013; Active Listings are at 13,577 compared to 14,149 at this time last year; Month’s Supply of Total Residential Listings is at 8 Months (Balanced Market).

 

Vancouver Westside Residential: Total Units Sold in January 2014 was 393 – even to 393 in December 2013, up from 314 in January 2013; Active Listings are at 2,435 compared to 2,561 at this time last year; Month’s Supply of Total Residential Listings is at 6 Months (Balanced Market).

 

Vancouver Eastside Residential: Total Units Sold in January 2014 was 173 – down from 236 in December 2013, up from 140 in January 2013; Active Listings are at 955 compared to 1,047 at this time last year; Month’s Supply of Total Residential Listings is at 6 Months (Balanced Market).

 

North Vancouver Residential:  Total Units Sold in January 2014 was 121 – down from 137 in December 2013, up from 106 in January 2013; Active Listings are at 748 compared to 775 at this time last year; Month’s Supply of Total Residential Listings is at 6 Months (Balanced Market).

 

West Vancouver Houses: Total Units Sold in January 2014 was 62 – down from 75 in December 2013, up from 47 in January 2013; Active Listings are at 582 compared to 598 at this time last year; Month’s Supply of Total Residential Listings is at 9 Months (Balanced to Buyer’s Market).

 

Richmond Residential: Total Units Sold in January 2014 was 265 – up from 249 in December 2013, up from 165 in January 2013; Active Listings are at 1,875 compared to 1,963 at this time last year; Month’s Supply of Total Residential Listings is at 7 Months (Balanced Market).

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It is a rough road that leads to the heights of greatness. - Seneca

 

Attached are the Sales and Listings Stats updated to the end of January 2014. January typically starts off slower and gains momentum as the month progresses. This year was no different. Only 5 times since 1986 has January seen a higher number of units sold compared to the preceding December for Greater Vancouver. As well, Greater Vancouver sales in January 2014 were higher than January 2005, with total sales in 2005 being the highest amount on record. A pretty good start after all. Total Active Listings are down from this time last year and 2012, with strong absorption of new listings coming on market – 33% in January 2014, compared to 26% in January 2013 and 27% in January 2012. The Benchmark Price for Greater Vancouver is at the same level as it was in January 2012 but up 3% compared to January 2013. So while prices declined through 2012 and into 2013, they are recovering coming into 2014. While the weather is cold to start February in Vancouver, the real estate market is starting to warm up!

 sales and listings stats all residential jan 2014

sales and listings stats houses townhouses and condos january 2014

Here’s a summary of the numbers:

 

Greater Vancouver: Total Units Sold in January 2014 was 1,804 – down from 1,990 in December 2013, up from 1,374 in January 2013; Active Listings are at 13,577 compared to 14,149 at this time last year; Month’s Supply of Total Residential Listings is at 8 Months (Balanced Market).

 

Vancouver Westside Residential: Total Units Sold in January 2014 was 393 – even to 393 in December 2013, up from 314 in January 2013; Active Listings are at 2,435 compared to 2,561 at this time last year; Month’s Supply of Total Residential Listings is at 6 Months (Balanced Market).

 

Vancouver Eastside Residential: Total Units Sold in January 2014 was 173 – down from 236 in December 2013, up from 140 in January 2013; Active Listings are at 955 compared to 1,047 at this time last year; Month’s Supply of Total Residential Listings is at 6 Months (Balanced Market).

 

North Vancouver Residential:  Total Units Sold in January 2014 was 121 – down from 137 in December 2013, up from 106 in January 2013; Active Listings are at 748 compared to 775 at this time last year; Month’s Supply of Total Residential Listings is at 6 Months (Balanced Market).

 

West Vancouver Houses: Total Units Sold in January 2014 was 62 – down from 75 in December 2013, up from 47 in January 2013; Active Listings are at 582 compared to 598 at this time last year; Month’s Supply of Total Residential Listings is at 9 Months (Balanced to Buyer’s Market).

 

Richmond Residential: Total Units Sold in January 2014 was 265 – up from 249 in December 2013, up from 165 in January 2013; Active Listings are at 1,875 compared to 1,963 at this time last year; Month’s Supply of Total Residential Listings is at 7 Months (Balanced Market).

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