30 Days in Oakridge – a Vancouver B.C. Neighbourhood

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Oakridge 30 Days

Oakridge Detached real estate during the past 30 day period of February 25 2009 to March 27,2009 experienced a increase in the number of sales up at 3 – up 2. The number of active listings remained steady. Average active list prices also held steady. The spread between the average Sold and average Ask is in the 9% range during this period. The challenge of finding the market floor continues as 40% of the active listings reduced their price during this period.

Numbers

FOR SALE

FOR SALE

This Month

Last Month

Active Listings

10

10

Average Active Listing Price

$1,222,800

1,222,800

Median Listing Price

$1,319,000

N/K

EXPIRED

Expired Listings

2

1

Average Expired Price

$1,233,000

$1,398,000

Median Expired Price

$1,614,000

N/K

SOLD

SOLD

3

1

Average Sold ASKING Price

$1,021,333

N/K

Average Sold Price

$924,666

N/K

Median Sold ASK Price

$1,678,000

$1,834,400

Median Sold Price

$1,068,000

N/K

HIGH/LOW

Highest List Price

$1,690,000

$1,690,000

Lowest List Price

$649,000

$649,000

Outlook

New confidence associated with lower interest had provided a spring blush to this neighbourhood. While Buyers are realizing interest savings they continue to seek sellers who are prepared to negotiate their asking price. It is expected that this type of sales activity will continue.


*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.

*** N/K – indicates the sample size is too small to provide an accurate number

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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