Mt. Pleasant Blooms
Posted February 23rd, 2010 in East Mount Pleasant, Neighbourhood SnapShot | ![]()
Mt.Pleasant East Detached

Similar Pattern
It must be something in the Vancouver real estate air! Three neighbourhoods now reveal a similar pattern in the last 60 days. Starting slow during the Dec/Jan period we see East Mt. Pleasant’s total number of listings at a slightly lower level with Solds moving briskly at 15 days on market. The change – during the Jan/Feb period, sales while taking longer to occur, more than double.
Average Ask and Average Sold prices are eerily similar to other neighbourhoods. Dec/Jan’s period delivers a slight up-tick which is then followed by Jan/Feb’s step up to still higher levels.
Blooming
If you are a seller these periods suggest good news. Buyers in contrast will not be as happy as it is costing more to buy a home. The number of sales may be an indicator that recent mortgage changes and the ‘just around the corner’ HST is influencing those buyers to cause a neighbourhood market bloom.





yup, i suspect there will be a fair bit of a rush to the entrance…just wonder if sellers will be likewise inclined…today’s stats bullish, last week as well, let’s hope tomorrow looks more like Monday, merci beaucoup Larry.