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March 2014 Vancouver Real Estate Update

Blog by Kelsie Struch | April 10th, 2014

                 Sales and Listings Continue to Chart Steady Path

Vancouver's real estate market in March was steady and balanced.  Sales were up 12.5% over the same month last year and up 4% over February 2014; however, last month’s sales were 17.2 per cent below the 10-year sales average for March.

Hot pockets continue to be evident throughout the region.  In the neighbourhoods I specialize in I saw demand for the following products:

Entry level 1 bedroom and dens under $425,000
Entry level 2 bedrooms under $550,000
1 Level Luxury Condos in False Creek, Yaletown under $1,300,000 - appealing to downsizers from Vancouver's Westside
Vancouver's Westside Detached Homes
Detached homes under a million dollars in North Vancouver & East Vancouver
Pre-Sales in False Creek & China Town - Look out for the next "it" neighbourhood.  Some amazing investment opportunities in these neighbourhoods.  Contact me for more details.

Vancouver's Spring Market had an early start with a high number of sales occurring in January and February of this year.  I anticipate that because of this, we may see a slower Spring market than typical (hence why March #'s were not through the roof).  Balance is great for everyone involved and I welcome a steady market.  

I'm here to chat about the market, answer your questions or offer my sincere opinions.  Feel free to call me direct at 778-387-6090 

Full Stats Package Here March 2014 Vancouver Real Estate Stats


Kelsie Struch
Century 21 In Town Realty
Top 10% of Vancouver Realtors