30 Days in Arbutus – a Vancouver Neighbourhood

30 Days

Arbutus Detached real estate during the past 30 day period of January 22/2009 to February 21, 2009.

FOR SALE

Active Listings 54
Average Listing Price $1,451,585
Median Listing Price $1,298,000

EXPIRED

Expired Listings 4
Average Expired Price $1,613,500
Median Expired Price $1,298,000

SOLD LISTINGS

Sold Listings 7
Average Sold Asking Price $1,451,585
Average Sold Price $1,299,285
Median Sold Ask Price $1,298,000
Median Sold Price $1,120,000

HIGH/LOW

Current Highest List Price $3,198,000
Current Lowest List Price $899,000

Outlook

Canada Mortgage and Housing Q1 report suggests “Buyer’s market conditions will prevail throughout 2009 and result in lower home prices.”

Provincially, the British Columbia Real Estate Association says “unit sales have dropped 57%”.

Last, BC Central Credit Union adds more blue to the blues saying “personal bankruptcies are up 47%.”

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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.

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

When Life Moves You - contact 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.

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