Vancouver’s Point Grey 30 Days

Point Grey Neighborhood Statistics

30 Days

Point Grey real estate during 30 day period of December 20, 2008 to January 20,2009 experienced the continuing decline in sales activity.

Numbers

FOR SALE

Active Listings	67
Average Listing Price	$2,742,976
Median Listing Price	$1,968,000

EXPIRED

Expired Listings	9
Average Expired Price	$1,500,333
Median Expired Price	$1,438,000

SOLD LISTINGS

Sold Listings	2
Average Sold Asking Price	$1,078,000
Average Sold Price	$966,500
Median Sold Ask Price	$966,500
Median Sold Price	$1,078,000

HIGH/LOW

Current Highest List Price	$19,800,000
Current Lowest List Price	$928,000

Outlook

Buyers are waiting on the sidelines in anticipation of a further price reductions. 35 of the 67 or 51% of the active listings, had price reductions.

According to statisticians in and outside of the industry, expectations are that the market will continue down 08′s path during 2009.

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I’m always happy to answer your Vancouver Real Estate question. Call or send me an email Twitter or Skype me at YatterMatters.

Larry

*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.