Vancouver's Dunbar Real Estate Market Records Strong Sale To Listing Ratio.

Feb. 26, 2009 - PRLog -- Vancouver West – Dunbar Vancouver has registered 23 homes sales to date this year, 12 in January and 11 in February.  The sales in January range from $3.15m to $690,000 with the average home sold having 4 bedrooms, 3 bathrooms, 2,672sf, a list price of $1.42m and a sale price of $1.28m.  

Posted by Kevin Lynch
February 26, 2009
www.realestatenewsvault.com

Dunbar home sales for February included 11 properties  priced from $2.49m to $798,000 and sold from $2.25m to $780,000.  The average home sold for the month had 4 bedrooms, 4 bathrooms, 2,752sf, a list price of $1.43m and a sale price of $1.35m.  

The Dunbar sale list to sale price ratio increased from 92% in January to 95% in February.  

Dunbar sales for January featured 6 sales under $1m, 3 sales between $1m - $1.5m, 1 sale between $1.5 - $2m, 1 sale between $2m - $3m and 1 over $3m.  February Dunbar registered 3 sales under $1m, 4 sales between $1m - $1.5m, 3 sales between $1.5 - $2m and 1 sale over $2m.  

This year, nearly 50% of the sold listings reduced their prices prior to selling.  Pre sale price reductions ranged from $88,000 to $490,000 with the average reduction at $202,000.

January Dunbar sales include (from lowest to highest price):

5144 Dunbar Street
3343 W 28th Avenue
5687 Wallace Street
3642 W. 27th Avenue
3879 W. King Edward Avenue
3332 W 27th Avenue
3906 W. 37th Avenue
3716 W. 30th Avenue
3371 W. 30th Avenue
3781 W. 20th Avenue
3707 W. 26th Avenue
3656 W. 38th Avenue

February Dunbar sales include (from lowest to highest price):

4567 Blenheim Street
4037 W. 32nd Avenue
4068 W. 19th Avenue
3750 W. 24th Avenue
3578 W. 39th Avenue
4068 W. 17th Avenue
3749 W. 39th Avenue
4027 W 19th Avenue
3935 W. 20th Avenue
3841 W. 38th Avenue

If you have any questions about these Vancouver Dunbar sales or listings, please contact Kevin Lynch.

About Real Estate News Vault

Real Estate News Vault founder, Kevin Lynch, is a local real estate expert with nearly 20 years of sales and marketing in the local real estate industry. He is the developer real estate marketing system for home sellers like Real Estate 7.0 (www.realestate70.com) and has now developed Real Estate News Vault (www.realestatenewsvault.com)  to help inform and educate buyers, sellers, business professional and media.

Copyright protected. You may use this article in full without adjustments or changes of any kind including title, links, copy and disclaimers. Should you wish to re-write or adjust for your own purposes, you may do so only if you refer to Kevin Lynch and include a web site link to this page. Should media want to contact me for an interview or to discuss markets, you can reach me here.

This article is not intended to induce or cause breach of an existing agency relationship.  Statistics compiled from REBGV, however, the enclosed information while deemed correct, is not guaranteed.  

Kevin Lynch
Sutton Group West Coast Realty
604.307.9448
www.realestatenewsvault.com

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