Market Update: Yaletown Vancouver Real Estate Stats as of October 1st

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

To view market updates / sales statistics for other neighbourhoods, follow these links: Coal Harbour, West End, Yaletown, Downtown, Entire Downtown. Full REBGV report: REBGV Stats Package through September 2011 (PDF).

Click to enlarge graph below

REBGV 34-year average price graph through September 2011

REBGV 34-year average price graph through September 2011

Consistent increases in property listings and fewer home sales over the summer
months has helped move the Greater Vancouver housing market into the upper end of a buyers’ market. 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 2,246 in September, a 1.2 per cent increase
compared to the 2,220 sales in September 2010. Those sales also rank as the third lowest total for September over the last 10 years.

Sales of apartment properties reached 922 in September 2011, a 5 per cent decrease compared to the 971 sales in September 2010, and a decrease of 38.1 per cent compared to the 1,489 sales in September 2009. The benchmark price of an apartment property increased 4.4 per cent from September 2010 to $405,569.

Click to enlarge table below

Yaletown Monthly MLS Sales Stats to October 1st, 2011

Yaletown Monthly MLS Sales Stats to October 1st, 2011

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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