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Coal Harbour’s Condos is proud to present an up-to-date and detailed market report for the downtown neighbourhoods from August 22nd – August 29th.

Downtown Vancouver Market Update August 22nd – August 29th

Downtown confirmed attachd sales volume also depreciated this week, at roughly the same rate as downtown listing supply; we saw 49 confirmed attached sales downtown in this period (a decrease from the 54 confirmed attached sales we had seen last week), which accounted for around 51% of the overall 96 confirmed attached sales we witnessed across Vancouver West. Yaletown continued to post strong numbers, and subsequently led the way on the sales side as well this week, we saw 24 confirmed attached sales in Yaletown in this period (a second consecutive week of improvements from the 16 confirmed attached sales we had seen previously). The dense downtown core neighbourhoods had an uncharacteristically weak showing with 9 confirmed attached sales this week (a drop from the 17 confirmed attached sales we’d seen previously).  Coal Harbour continued to post relatively stable figures with 7 confirmed attached sales this week (compared to the 6 confirmed attached sales we had seen in the previous recorded period).  Our sales to listings ratio remained static this week, as we saw both listing supply and confirmed sales volumes decline at a roughly even pace; there were 49 confirmed attached sales to 86 new attached listings for a downtown saturation rating of roughly 56% (the same ratio we saw last week).

If you’re interested in more specific building or neighbourhood sales and listing information please get in touch with Susan at (604)970-3658.

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Coal Harbour’s Condos is proud to present an up-to-date and detailed market report for the downtown neighbourhoods from July 25th – August 1st.

Downtown Vancouver Market Update August 15th – August 22nd

Downtown attached listing supply remained relatively subdued this week as we move through the traditionally slower late-August periods prior to things heating up during the early-Fall season. We saw 91 new attached listings downtown this week (compared to 95 new attached listings in the previous recorded period), which accounted for roughly 57% of the 160 total new attached listings across Vancouver West. Yaletown had the busiest week on the listing side, with 30 new attached listings (up from 21 new attached listings previously); well the dense downtown core neighbourhoods (including Gastown, and downtown proper) also posted relatively high listing figures with 25 new attached listings.  Coal Harbour had a surprisingly busy week as well with 22 new attached listings (up quite a bit from the 7 new attached listings we had seen previously). Recent completions like West Pender Place have provided a listing supply boon for Coal Harbour as owners place properties they have acquired in the past month or so on the market for the first time.

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Coal Harbour’s Condos is proud to present an up-to-date and detailed market report for the downtown neighbourhoods from July 25th – August 1st.

Downtown Vancouver Market Update July 25th – August 1st

Downtown listing supply continued to trend downwards this week as we eased our way into the ‘dog days of summer’, which usually run through late July to mid-September.  We saw 95 new attached listings downtown this week (down from the 145 new attached listings we had seen in the last recorded period), which accounted for roughly 55% of the overall 174 new attached listings across Vancouver West (compared to the 269 new attached listings we’d seen region-wide previously).  The dense downtown core area (including Gastown and downtown proper) continued to lead the way with 53 new attached listings (a decrease from the 60 new attached listings we had seen in the previous week), which equated to around 56% of all listing activity downtown.  Yaletown was our second busiest listing neighbourhood with 21 new attached listings this week (down from 30 new attached listings seen previously).  Coal Harbour returned to lower-then-average listing terrain with 7 new attached listings this week (down from the 21 new attached listings we had seen in the previous recorded period).  Slower listing and sales figures are fairly typical for most Vancouver markets through the late summer periods as vacations and long-weekends provide incentive for sellers to wait for the much more popular listing season in Autumn.

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