Vancouver Neighbourhood – Arbutus 30 Days
Posted June 17th, 2009 in Arbutus, Neighbourhood SnapShot | 
30 Days
Arbutus Detached real estate during the past 30 day period of May 18, 2009 to June 17,2009.
Numbers
FOR SALE
| Total Listings | 44 |
| Average Listing Price | $1,730,236 |
| Median Listing Price | $1,680,000 |
EXPIRED
| Expired Listings | 0 |
| Average Expired Price | N/A |
| Median Expired Price | N/A |
SOLD LISTINGS
| Sold Listings | 6 |
| Average Sold Asking Price | $1,406,833 |
| Average Sold Price | $1,332,333 |
| Median Sold Ask Price | $1,519,000 |
| Median Sold Price | $1,404,000 |
HIGH/LOW
| Current Highest List Price | $3,098,000 |
| Current Lowest List Price | $798,000 |
Outlook
Buyers are snapping up the lower spectrum of Arbutus homes. Only 8 listings adjusted their prices downward.
Expectations: with fewer listings coming to the overall market you may or may not see some buyers stretching to the next price level. With only 7% of the Arbutus inventory selling some uncertainty prevails that may the first page of a new story.
*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.
with fewer listings coming to the overall market you may or may not see some buyers stretching to the next price level. With only 7% of the Arbutus inventory selling some uncertainty prevails that may the first page of a new story.
Wow Larry- that is really giving us your opinion
Frank,
Do yah think! It was an ambivalent day.