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Vancouver Real Estate Update - April Stats

Blog by Kelsie Struch | May 8th, 2014

                April 2014 - Buyers and Sellers Continue to be Active!

Sales continued to surge throughout April in Vancouver.  3050 homes changed hands, up 15.5% from the previous month and 16.1% from April 2013.  Inventory was up 12.7% over March 2014.  Supply increased to balance the demand from earlier in the year.

The entry level product continues to be on the move, including:

1 Bedroom homes in East Vancouver and Vancouver West under $400,000
2 Bedroom homes in East Vancouver and Vancouver West under $550,000
Detached homes everywhere under a Million dollars

Buyers are seeing more and more properties prior to making decisions.  They are taking time to educate themselves on the market as showings on all my listings were up for the month.  The downsizer market continues to be extremely active as empty nesters seek one level condo living over detached homes.  Complete Market Stats Package Here:  Vancouver April 2014 REBGV Market Stats

Well-priced homes and condos continue to sell quickly and for close to full price, or over asking.  If you are thinking of buying or selling a home in the near future feel free to call me to discuss your plans.  I’m always up for a chat!

Thanks for reading,

Kelsie Struch

2011-2013 Medallion Member
Top 10% of All Vancouver Agents
Century 21 In Town Realty