Downtown Vancouver & River Neighborhoods Market Report May '10

Downtown Vancouver & River View NeighborhoodsB are glommed together because usually when I show clients one, they want to see the other. Buyers love these areas for the same reasons the sellers do…revitalized downtown area and lots of homes and condos on the river or with river views. 219 active listings abound in these 5 areas….with only 18 closing in May, it could look deceiving–however, with all of the condos and luxury condos plus the luxury homes in distress on the waterfront, it’s a crazy mash up of properties. Average sales price was $260k with the 75th percentile of median pricing topping out at only $330k. 91.26% of the most recent list price is whereB these 18 homes closed in at….hmmmm. Take another look at DT Vancouver!

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