Market Update: Yaletown Real Estate Sales Stats through December 1

Yaletown Monthly Sales Stats through December 1st

To view market updates / sales statistics for other neighbourhoods, follow these links: Coal Harbour, West End, Yaletown, Downtown, Entire Downtown.

Click table below to enlarge:

Yaletown Vancouver Monthly MLS Sales Stats to December 1st, 2011

Yaletown Vancouver Monthly MLS Sales Stats to December 1st, 2011

View the REBGV 34-Year Price Index and Sales Stats below.

Click graph below to enlarge:

REBGV Residential Average Sale Prices through November 2011

REBGV Residential Average Sale Prices through November 2011

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,360 in November. This represents a 5.9 per cent decline compared to the 2,509 sales in November 2010 and a 1.9 per cent increase compared to the 2,317 sales recorded in October 2011. Looking back further, last month’s residential sales total is 5.8 per cent below the ten-year average for sales in November.

Since reaching a peak in June of $630,921, the benchmark price for all residential properties in the region has declined 1.4 per cent.

Sales of apartment properties reached 1,000 in November 2011, a 4.9 per cent decrease compared to the 1,052 sales in November 2010, and a decrease of 28.4 per cent compared to the 1,396 sales in November 2009. The benchmark price of an apartment property increased 2.7 per cent from November 2010 to $399,686.

Full REBGV report: REBGV Stats Package through November 2011 (PDF).

For more information on the Downtown Vancouver Real Estate market or to have a Comparative Market Analysis done for your property, contact Kimmins and Associates.

About Kimmins & Associates

Kimmins and Associates are Downtown Vancouver's Condo Experts, with area specialists that focus on apartments, townhouses, penthouses and condominiums in Coal Harbour, the West End, Yaletown, False Creek North and Downtown neighbourhoods. Enjoy our blogs about the Real Estate Market, Listings and Sales, as well as Neighbourhood Highlights.
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