Vancouver Neighbourhood – Arbutus 30 Days

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30 Days

Arbutus Detached real estate during the past 30 day period of May 18, 2009 to June 17,2009.

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.

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.

Reader Comments:

Frank Says:
June 17th, 2009 at 10:07 pm

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 🙂

June 17th, 2009 at 10:12 pm

Frank,
Do yah think! It was an ambivalent day. 🙂

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