High end priced properties abound on Vancouver's Westside

Here at VancouverPropertyFinder.com we recognize that the Vancouver real estate market can be an opportunity for some home buyers. The Vancouver market has seen some changes in the last year, and we hope that the following information can help inform home buyers about their decision to buy property in Vancouver.

 

The following information is representative of high-end properties ($5 million+) located on Vancouver's Westside, between January – July 2007 and January through July 2008, respectively, but generally reflects the Vancouver market as a whole.

 

 

 

 

There has been an increase in the number of properties listed (almost 4x's as many in 2008) and the length of time properties stay on the market (an increase of over 3.5x's longer). The number of properties being sold has remained fairly steady, as has the ability for home buyers to pay.

 

This means home buyers have greater selection and competitive pricing. Let Mike Andruff (604-644-0056) at VancouverPropertyFinder.com find the right property for you.