Learn more about the market in your area:https://davidsetton.com/market-updates.html
hat’s hot What’s Not – Vancouver Westside – Single Family for Sept 2015
- Continues to favour sellers. Last month the average price hit $2.88M - up $455k higher than median price this time last year. Values stabilized last 4 months at around $2.9M
- Supply remains very constrained 582 homes on market. 149 Sold - less sales than spr. sum.
What’s Hot (21% or more for a SR)
- almost every area in the westside is fav sell
- Dunbar - 49% - 25 / 51
- Mac heights - 47% 7 / 15
- Kits - 62% - 18 / 29 sold
- what price cat fav? sellers where most activ?
- $1.5M - $1.75M - 100% SR 11 / 11 sold
- $2.5M - $2.75M - 18 / 33 - 55% SR
What’s not hot (14% or less for a SR)
- 2 areas are a little bit weaker -
- university area - 2 / 16 sold - 12%
- south cambie - 2 / 16 sold - 12%
- $4.5M - $5M - 3 / 40 sold - 7%
Download your all the homes that sold in kitsilano here: https://davidsetton.com/market-updates.html
What’s hot in the Kitsilano Single Family for Sept 2015
The Van Westside Single Fam market is very strong and very much fav sellers and Kits is no exception.
- 18 Homes sold in Kits for between $1.55M bought 33’ x 121’ land on 16th ave up to $3.8M for another 33 x 120 on 1st Ave aka -golden mi.
- most homes selling for close to asking price or over
- 29 homes were available and on the market in Kits in Aug so to have 18 sales puts us in a strong sellers market at a 62% SR (21% or greater)
- Sold values in Kits are lower at $2.3M than the median price for a home in the Westside - now at a staggering $2.88M
If you like to take a look at these sales, I have a new package you can download at the link below map locating them and photos and details for each property. specialize ph num