Blog

Get your information package here: http://davidsetton.com/snapstats.html

What’s hot What’s Not – Vancouver Westside – Single Family for Nov 2016
- The market in the Westside is favouring buyers
- Prices actually went up in October from $2.99m in Sept to $3.2m in October. The number of homes sold is less than ½ of the solds compared to October
- Only 78 homes sold last month. Down 66% from April (peak sales) of this year
- tricky - supply is low at 570 homes on market.
What’s Hot (21% or more for a SR)
- Mackenzie Heights
- 9 / 17 sold here - 53% sales ratio
- University area also strong - 6/ 12 sold - 50% sales ratio
- which price categories favouring sellers
- $2.25M - $2.5M - 12 / 26 sold 46% sales ratio
- $3m - $3.5M - 11 / 48 - 23% sales ratio
What’s not hot (14% or less for a sales ratio)
- South Granville 5 / 76 - 7% sales ratio
- Shaughnessy 6 / 67 sold - 9% sales ratio
- which price category

Post CommentComments: 0Read Full Story

Get Statistics here: http://davidsetton.com/snapstats.html

 

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


Post CommentComments: 1Read Full Story

Download your statistics package here: http://davidsetton.com/snapstats.html

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

Post CommentComments: 1Read Full Story

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

Download homes sold here: http://davidsetton.com/what-is-selling-in-kitsilano.html

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


Post CommentComments: 0Read Full Story

Link to New Listing in MacKenzie Heights: http://davidsetton.com/mylistings.html/details-53057543

9 Sold Homes in MacKenzie Heights in October: http://davidsetton.com/what-is-selling-in-mackenzie-heights.html

What’s hot in the Mac Heights Single Family for Nov 2015
- before get into market update / sitting on stair
- new listing at 2998 w. 31st av offered at $2.96
- home 12 yrs new & sits on a corner lot w/ park
- seller orgin. owner custom built 3,250 sq.ft.
- details in and links to the listing in descrip
The Van Westside Single Fam market is very strong and very much fav sellers and Mac is no exception.
- 9 Homes sold in Mac for between $1.9M which bought 35’ wide land on Blenheim St up to $4.5M for 3,300 sq.ft 15 yr old home with a view on 27th Ave.
- most homes selling for close to asking price or over
- 20 homes were available and on the market in Mac in Oct so to have 9 sales puts us in a strong seller’s market at a 45% SR (21% or greater)

Post CommentComments: 0Read Full Story

Download your own Market Report Specific to your community: http://davidsetton.com/snapstats.html

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


Post CommentComments: 0Read Full Story

Download your own Market Report Specific to your community: http://davidsetton.com/snapstats.html

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

- Continues to favour sellers. Last month the average price hit $2.63M - $349k higher than median price this time last year.

- Supply remains very constrained 681 homes on market. 219 Sold

What’s Hot (21% or more for a SR)

- almost every area in the westside is fav sell

- Arbutus - 74% - 17 / 23

- Mac heights - 78% 14 / 18

- Kits - 51% - 17 / 33 sold

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

- $2M - $2.25M - lots of act. 24 / 24 - 100% SR

What’s not hot (14% or less for a SR)

- Balanced market condition over $3.5M

- $3.5M - $4M - 12% with 18 / 100 sold

- $5M+ lots of inventory 25 / 134 - 18% SR

- Shaughnessy & SW Marine - 12% buyer markt


Post CommentComments: 0Read Full Story

Learn about the market in your community and price point: http://davidsetton.com/snapstats.html

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

Post CommentComments: 0Read Full Story

 Download your own statistics package here specific to your community: http://davidsetton.com/snapstats.html

 

What's hot What's Not -- Vancouver Westside -- Single Family for March 2014
Official Market type is favouring sellers - Avg $2.550M and 173 / 734 homes sold. Avg price up from Jan $2.380M avg. Highest price13 mo.
What's Hot (21% or more for a Sales Ratio)
-Cambie -very hot -- 41% Sales Ratio -- 18 / 44
-Mac Height - very strong - 39% Sales Ratio also 11 / 28
- $1.25M - $1.5M - 52% Sales Ratio smokin 14 / 27 sold
- $2M - $2.25M - 16 / 43 or 37% Sales Ratio
- $4M - $4.5M - 9 / 41 or 22% Sales Ratio really pick'd up
What's not hot (14% or less for a Sales Ratio)
- only 2 price points are weak right now
- $4.5M - $5M 13% Sales Ratio with 5 / 37 sold
- SW Marine 4 / 35 sold or 11% Sales Ratio
- S. Granville - 13 / 93 sold or 14% Sales Ratio

That's what's hot and what's not for Single Family Market

Post CommentComments: 0Read Full Story