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What's hot What's Not -- Vancouver Westside -- Single Family for July 2014
We are officially in a sellers market - Prices are holding steady. Average price in May and June was $2.3M and 174 / 809 homes sold last month.
What's Hot (21% or more for a Sale Ratio (SR))
-Dunbar - smoking hot -- 42% SR -- 35 / 84 sold
-Kits - very strong - 40% also 16 / 40 sold
-S. Cambie - 44% - 7 / 16 sold
- $1.0M - $1.25M - 78% SR smokin 7 / 9 sold
- $1.25M - $1.5M - 13 / 19 sold or 68% SR
- $1.75M - $2.00M - 29 / 64 sold or 45% SR
What's not hot (14% or less for a SR)
- high end luxury market still very cool
- $4.5M - $5M 8% with 4 / 47 sold
- $5M+ 13 / 121 sold or 10% SR
- Shaughnessy 9 / 88 sold or 10% SR
- Quilchena - 3 / 33 sold or 9% SR
- SW Marine - 5 / 37 sold or 13% SR
That's what's hot and what's not for SF Market