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What’s hot What’s Not – Vancouver Westside – Single Family for May 2017
- Westside single fam market remains in a balanced market. Right where it should be.
- Median Prices came down 5% in April to $3.2M
- 111 homes sold in April
- Inventory still low only 561 single family homes available

What’s Hot (21% or more for a SR)
- which areas are strongest - Quilchena and Dunbar
- Dunbar 18 / 68 sold 26% sales Ratio 21% or more
- Quilchena 7 / 23 sold 30% sales ratio
- price point strongest & fav sellers
- $2.25M - 2.5M 12 / 12 100% sr
- $3M - $3.5M 20 / 57 35% sr

What’s not hot (14% or less for a SR)
- Southlands 2 / 25 - 8% sr
- Shaughnessy 2 / 62 sold - 3% sr
- which price category
- anything over $4.5M - buyers market - 210 homes priced over $5M - only 16 sold. 8% sr. anything under 14% is a buyers market

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What’s hot What’s Not – Vancouver Westside – Single Family for April 2017
- Westside single family market has moved from a buyer’s market in January to a balanced in March
- Median Prices jumped up 22% in 2 months to $3.5M
- 95 homes sold in March
- doesn't sound like a lot, but only 532 homes were available
What’s Hot (21% or more for a Sales Ratio (SR))
- In Jan, not one neighbourhood was favouring sellers. In March, 9 neighbourhoods favouring sellers
- which areas are strongest - Arbutus and Dunbar
- Dunbar 23 / 62 sold 37% sales Ratio 21% or more
- Arbutus 6 / 20 sold 30% sales ratio
- price point strongest & favouring sellers
- $2.00M - 2.25M 4 / 8 50% sr
What’s not hot (14% or less for a SR)
- South Granville 5 / 70 - 7% sr
- Shaughnessy 3 / 61 sold - 5% sr
- which price category
- anything over $4M - buyers market - 202 homes priced over $5M - only 16 sold. 8% sr. anything under 14% is a buyers market

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What’s hot What’s Not – Vancouver Westside – Single Family for May 2016

- Continues to favour sellers. Median prices seem crept up a little bit last month from $3.5m to almost $3.7m

- Supply still very low at 534 homes on market. 229 Sold

What’s Hot (21% or more for a SR)

- almost every area in the westside is fav sell

- Dunbar and Point Grey most active

- 42 / 52 sold in Dunbar - 81% s.r.

- Point Grey - 25 / 35 sold - 71% s.r.

- almost price category favouring sellers

- $2M - $2.5M - 25 / 38 sold  66% s.r.

- $3m - $3.5M - 42 / 49 - 86% s.r.

What’s not hot (14% or less for a SR)

- 1 area is weaker - Marpole - 8 / 48 sold

- all price bands are strong even $5m + price band is doing well 49 / 216 homes sold 23% sr


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What’s hot What’s Not – Vancouver Westside – Single Family for Apr 2016

- Continues to favour sellers. Median prices seem to have stabilized over the last 3 mo. at around $3.5m

- Supply came up slightly from last month, but still very low at 524 homes on market. 220 Sold

What’s Hot (21% or more for a SR)

- almost every area in the westside is fav sell

- MacHeights and Dunbar most active

- 12 / 14 sold in MacHt - 86% s.r.

- Dunbar - 36 / 50 sold - 72% s.r.

- almost price category favouring sellers

- $2M - $2.25M - 13 / 7 sold  186% s.r. Sys can’t keep up

- $2.5m - $2.75M - 22 / 19 - 116% s.r.

What’s not hot (14% or less for a SR)

- 1 area is weaker - Shaughnessy - 9 / 75 sold

- homes over $5m 195 homes in this price and only 30 sold (15% sales ratio - edge of a buyers


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What’s hot What’s Not – Vancouver Westside – Single Family for Mar 2016

- Just when we thought….

- Continues to favour sellers. Median prices dropped slightly by $61k between Jan and Feb. Now median is $3.43M.

- Supply came up slightly from last month, but still very low at 547 homes on market. 224 Sold

What’s Hot (21% or more for a SR)

- almost every area in the westside is fav sell

- MacHeights and Dunbar most active

- 16 / 17 sold in MacHt - 94% s.r.

- Dunbar - 40 / 59 sold - 68% s.r.

- almost price category favouring sellers

- $2M - $2.25M - 14 / 13 sold  108% s.r. Sys can’t keep up

- $2.75m - $3M - 33 / 34 - 97% s.r.

What’s not hot (14% or less for a SR)

- 1 area is weaker - S. Cambie - 1 / 13 sold

- homes over $5m 191 homes in this price and only 29 sold (15% sales ratio - edge of a buyers

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What’s hot in the Kitsilano Single Family for March 2016

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The Van Westside Single Fam market is very strong and very much fav sellers and Kits is no exception.

- 13 Homes sold in Kits for between $2.1M bought 32’ x 88’ RM-4 zoned rev prop on Maple St up to $4.23M for a renovated home on 1st ave steps to jericho beach

- 12 / 13 homes sold for over asking price

- 33 homes were available and on the market in Kits in Feb so to have 13 sales puts us in a strong seller’s market at a 42% SR (21% or greater)  

- Sold values in Kits are lower at $2.5M than the median price for a home in the Westside - now at a staggering $3.4M


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What’s hot What’s Not – Vancouver Westside – Single Family for June 2015

- Continues to favour sellers. Last month the average price hit $2.9M - $600k higher than median price this time last year. Compare to April 2015 - up $260K. Market moving quickly!

- Supply remains very constrained 648 homes on market. 210 Sold


What’s Hot (21% or more for a SR)

- almost every area in the westside is fav sell

- Dunbar - 55% - 31 / 56

- Mac heights - 69% 11 / 16

- Point Grey - 63% - 29 / 46 sold

- $1.5M - $1.75M - 87% SR 13 / 15 sold

- $2M - $2.25M - lots of act. 14 / 17 - 82% SR

What’s not hot (14% or less for a SR)

- Balanced market condition over $3.5M

- $5M+ - 11% with 17 / 148 sold - lots of inventory

- South Cambie - 11% buyer market - 2 / 18


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What’s hot What’s Not – Vancouver Westside – Single Family for April 2015

- Continues to favour sellers. Last month the average price hit $2.7M - new record.

- Compared to avg price Feb up $130k. Supply is lower than last mo. only 695 homes on market. 211 Sold

What’s Hot (21% or more for a SR)

- almost every area in the westside is fav sell

- Kitsilano - 70% - 23 / 33

- Point Grey - 50% 29 / 58

- Dunbar - 57% - 41 / 72 sold

- $1.25M - $1.5M - 89% SR 8 / 9 sold

- $2M - $2.25M - lots of act. 22 / 25 - 88% SR

What’s not hot (14% or less for a SR)

- $4.5M - $5M - 12% with 6 / 48 sold

- $5M+ lots of inventory 16 / 141 - 11% SR

- Mackenzie Heights - 4 / 31 - 13% SR - surprising usually strong - sellers little optimistic

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