Vancouver Neighborhood – Dunbar 30 Day Detached

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Dunbar 30 Days

Dunbar Detached real estate during the past 30 day period of March 16, 2009 to April 15,2009 experienced a slight increase in the number of active listings matching the historical spring rush. Of interest is that the average and median prices increased. Sales however, remained flat. Prices are still finding their level with 30 price reductions taking place in this period.

Sellers appear amenable to adjust their selling price as both median and average sale prices have dropped with substantial savings for buyers.

Numbers

FOR SALE

FOR SALE

This Month

Last Month

Active Listings

76

67

Active Listing Price

$1,785,052

$1,753,440

Median Listing Price

$1,679,500

$1,680,000

EXPIRED

Expired Listings

7

3

Average Expired Price

$1,723,285

$1,752,666

Median Expired Price

$1,723,285

$1,990,000

SOLD

SOLD

11

11

Average Sold ASKING Price

$1,357,627

$1,161,363

Average Sold Price

$1,287,272

$1,063,816

Median Sold ASK Price

$1,335,000

$939,000

Median Sold Price

$1,232,000

$908,000

HIGH/LOW

Highest List Price

$3,498,000

$3,498,000

Lowest List Price

$825,000

$825,000

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Lowest Sold Price In Dunbar – $810,000

dunbar-high-sold-4-15-2009-11-00-29-am

Highest Sold Price In Dunbar – $2,018,000

Outlook

Buyers are finding new confidence in lower interest rates being offered by the banks. While they are realizing interest savings they continue to seek sellers who are prepared to negotiate prices much lower than asking. Looking forward it is expected that this type of activity will continue.

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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