30 Days in Dunbar – A Vancouver Neighbourhood

Dunbar 30 Days

Dunbar Detached real estate during the past 30 day period of January 19, 2009 to February 18,2009 showed a little bump in sales for the month with prices continuing a gradual slide down.

Numbers

FOR SALE

Active Listings 67
Average Listing Price $1,621,388
Median Listing Price $1,498,000

EXPIRED

Expired Listings 4
Average Expired Price $1,666,000
Median Expired Price $1,643,000

SOLD LISTINGS

Sold Listings 12
Average Sold Asking Price $1,653,566
Average Sold Price $1,524,650
Median Sold Ask Price $1,653,566
Median Sold Price $1,430,000

HIGH/LOW

Current Highest List Price $3,750,000
Current Lowest List Price $788,000

Outlook

An up-tick in the number sales being entered at the board is positive news. In January there were 38 sales per day across our Board area. As at the close of business on February 17, we’re averaging 77 sales per day. While this will not knock the foundations of this brutal market, it is a bright spot in the Vancouver Real Estate. Balance is found in BCREA’s report that we are down YOY 57% in unit sales and 61% in gross dollar volume. Bottom line fewer sales at lower prices with continued price reductions – 32 or almost 50% of the active listings in Dunbar for this 30 day period.

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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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