Vancouver Real Estate – Suffering From Pumpkinitis?

Pumpkins, Pumpkins, Everywhere

A large field of pumpkins is a site to behold. Pumpkins are at their best when they are fully ripe, colorful and firm. They need to be firm and bright orange if you plan to carve scary Jack-O-Lantern for Halloween.

Pumpkin Afficionadoes

It’s fun to watch children and adults mosey around a field finding the very best pumpkin. The pumpkin they choose must be special. Some want a big round one, a tall oddly shaped one, or little tiny pumpkins that the small children love to collect in their arms and carry around. Each pumpkin buyer is as unique as the pumpkin they seek.

Pumpkins and Jack

A strange thing about pumpkins is that before Halloween they are prized and sought after, but when Halloween passes, nobody gives them much attention. Sadly, Jack Frost comes and freezes them, and soon after they wither becoming mushy globs slouching on the ground.

Selling Your Home – Is It A Pumpkin?

The field of pumpkins is a lot like the present Vancouver Real estate market. As of August 25, 2008 REBGV statistics tell us that there are a lot of residential pumpkins in the field.

Detached, Attached, Apartment


Total Listings

  • This Year – 18,895 [+76%]
  • Last Year – 10,721

Sold Listings

  • This Year – 1,254 [-63%]
  • Last Year – 3,407

Sales Ratio

  • This Year – 32%
  • Last Year – 68%

Average Price


Detached

  • This Year – $791,404 [-7%]
  • Last Year – $856,107

Attached

  • This Year – $498,387 [+3%]
  • Last Year – $480,223

Apartment

  • This Year – $406,743
  • Last Year – $388,701 [+4%]

When Pumpkins Are Picked

Where in this field are you? If you want someone to come and pick your pumpkin you have to ask yourself if you are orange enough, firm enough or unique enough in your odd shape. Young and old pumpkin buyers are discerning in choosing just the right pumpkin.

Look Around

There is lots of pumpkins in the field competing with you. Talk with your Realtor. Let them help you not be one of many pumpkins left to suffer the ravages of Jack Frost.

Got a Vancouver Real Estate question? Always happy to answer it. Call or send me an email or twitter me @yattermatters.

Larry


**Disclaimer – Statistical information while deemed to be correct, is not guaranteed. Courtesy REBGV

Search for your home here. It’s lot easier than other places I can’t mention and you can see the home via Google street view. . Use Walkability to determine the availability of those neighbourhood services most important to you. Don’t be shy, tell your friends who are looking to stop by and give it a whirl. They will love you even more. :)

If you would like something more personal that is specific to your budget and needs, give me a shout. Let’s talk and I’ll set you up with a custom search delivered daily to your in box.

Of course, if you got some questions I’m around for that too.

Thinking of Buying or Selling your Vancouver home? Put on a cup of coffee and let’s talk.

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.

**Numbers provided may vary as they are dynamically posted by the REBGV.

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