Sales and listings stats as of January 14, 2017

Sales and listings stats as of January 14, 2017. January has been a little cold to start – in all aspects of the market and weather. While sales have been slower to start, the number of new listings have been just as slow to come on the market. Resulting in less inventory available in overall than at this time last year. The colder weather and snow on the ground playing a part in some areas. But certainly the lack of product on the market is keeping some buyers waiting for the new listings to come!  We are of course only two weeks into the year so before too many conclusions are drawn and predictions are made, let’s see where the rest of the month goes! Here is a summary of the activity so far:
 Greater Vancouver – 492 Units Sold so far in January 2017 compared to 999 Units Sold so far at this time in January 2016. Total New Listings so far in January are 1,540 compared to 2,028 at this point in January 2016. Total Active Listings are at 6,778 compared to 6,871 at this time last year. Sales To Listings Ratio is at 32% compared to 57% in January 2016.
 Vancouver West - 82 Units Sold so far in January 2017 compared to 192 Units Sold so far at this time in January 2016. Total New Listings so far in January are 314 compared to 406 at this point in January 2016. Total Active Listings are at 1,092 compared to 1,092 at this time last year. Sales To Listings Ratio is at 26% compared to 48% in January 2016.
 Vancouver East – 39 Units Sold so far in January 2017 compared to 74 Units Sold so far at this time in January 2016. Total New Listings so far in January are 134 compared to 181 at this point in January 2016. Total Active Listings are at 760 compared to 472 at this time last year. Sales To Listings Ratio is at 29% compared to 53% in January 2016. 
North Vancouver – 38 Units Sold so far in January 2017 compared to 56 Units Sold so far at this time in January 2016. Total New Listings so far in January are 103 compared to 137 at this point in January 2016. Total Active Listings are at 309 compared to 280 at this time last year. Sales To Listings Ratio is at 37% compared to 54% in January 2016.
 West Vancouver – 9 Units Sold so far in January 2017 compared to 45 Units Sold so far at this time in January 2016. Total New Listings so far in January are 60 compared to 106 at this point in January 2016. Total Active Listings are at 338 compared to 366 at this time last year. Sales To Listings Ratio is at 15% compared to 46% in January 2016. 
Richmond – 93 Units Sold so far in January 2017 compared to 146 Units Sold so far at this time in January 2016. Total New Listings so far in January are 258 compared to 267 at this point in January 2016. Total Active Listings are at 976 compared to 1,046 at this time last year. Sales To Listings Ratio is at 36% compared to 64% in January 2016.