30 Days in Dunbar – A Vancouver Neighbourhood
Posted February 19th, 2009 in Dunbar, Neighbourhood SnapShot | 
Dunbar 30 Days
Dunbar Detached real estate during the past 30 day period of January 19, 2009 to February 18,2009 showed a little bump in sales for the month with prices continuing a gradual slide down.
Numbers
FOR SALE
| Active Listings | 67 |
| Average Listing Price | $1,621,388 |
| Median Listing Price | $1,498,000 |
EXPIRED
| Expired Listings | 4 |
| Average Expired Price | $1,666,000 |
| Median Expired Price | $1,643,000 |
SOLD LISTINGS
| Sold Listings | 12 |
| Average Sold Asking Price | $1,653,566 |
| Average Sold Price | $1,524,650 |
| Median Sold Ask Price | $1,653,566 |
| Median Sold Price | $1,430,000 |
HIGH/LOW
| Current Highest List Price | $3,750,000 |
| Current Lowest List Price | $788,000 |
Outlook
An up-tick in the number sales being entered at the board is positive news. In January there were 38 sales per day across our Board area. As at the close of business on February 17, we’re averaging 77 sales per day. While this will not knock the foundations of this brutal market, it is a bright spot in the Vancouver Real Estate. Balance is found in BCREA’s report that we are down YOY 57% in unit sales and 61% in gross dollar volume. Bottom line fewer sales at lower prices with continued price reductions – 32 or almost 50% of the active listings in Dunbar for this 30 day period.
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I’m always happy to answer your Vancouver Real Estate question. Call or send me an email Twitter or Skype me at YatterMatters.
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.
