VANCOUVER WEST

The latest statistics from the Vancouver Real Estate Board for Apartments (resale).

   May. 2010 Units Listed    962  

May. 2009 Units Listed     505
90% increase
 

Cumulative Active Listings May. 2010     2,177

   Cumulative Active Listings May. 2009    1,204
80% increase 

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     May. 2010 Units Sold     454

     May. 2009 Units Sold     470
-3% decrease  

Average Sale Price May. 2010     $569,892

Average Sale Price May. 2009    $493,351
15% increase

Benchmark Price May. 2010     $510,885*
15% increase YTD

*Benchmark price represents a typical and constant quality property within each market

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The latest statistics from the Vancouver Real Estate Board for  Detached Houses West Side (resale).

May. 2010 Units Listed     363

May. 2009 Units Listed     218
66% increase

Cumulative Active Listings May.  2010    737

Cumulative Active Listings May. 2009     512
43% increase

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May. 2010 Units Sold     141

May. 2009 Units Sold     205
-31% decrease

Average Sale Price May. 2010    $1,978,476

Average Sale Price May. 2009    $1,566,200

26% increase

Benchmark Price May. 2010      $1,679,797* 
31.9% increase

*Benchmark price represents a typical and constant quality property within each market

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VANCOUVER EAST

The latest statistics from the Vancouver Real Estate board for Apartments (resale)

  May. 2010 Units Listed    189

 May. 2009 Units Listed     168
12% increase

Cumulative Active Listings May. 2010     491

 Cumulative Active Listings May. 2009     413

18% increase

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May. 2010 Units Sold    115

May. 2009 Units Sold   131
-12% decrease
 

Average Sale Price May. 2010     $353,965

Average Sale Price May. 2009     $310,227
14% increase

Benchmark Price May. 2010     $337,906* 
10.2% increase Y.T.D.

* Benchmark price  represents a typical and constant quality property within each market

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The latest statistics from the Vancouver Real Estate Board for Detached Houses (resale)
 

Units Listed May. 2010    364

Units Listed May. 2009     242
50% increase

Cumulative Active Listings May. 2010    749

Cumulative Active Listings May. 2009     535
40% increase

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May. 2010 Units Sold   165

May. 2009 Units Sold    170

-2% decrease

Average Sale Price May. 2010     $773,119
Average Sale Price May. 2009     $635,293
21% increase

Benchmark Price May. 2010      $756,067* 
22% increase YTD

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* Benchmark price represents a typical & constant quality property within each market

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Correctly priced entry level everything continues to be active.

Solid opportunities for those moving in to, or moving up in the marketplace.

A very strong market with an emerging trend of less listings coming on and increased sales.