David Setton : Answers In Real Estate : Blog posts labelled: video blog

What's Hot and What's Not in the Vancouver Westside Single Family Market for January 2016

Posted on January 15, 2016 by David Setton

Posted in: answers in real estate , Dubar , Kitsilano , market update , single family market , video blog , westside

download your own statistics package for you neighbourhood and price point here https://davidsetton.com/market-updates.html

What’s hot What’s Not – Vancouver Westside – Single Family for Jan 2016
- Continues to favour sellers. Median prices have have been rising for the last 2 months by $100k per mo. Now median is $3.2M. Up $535k from this time last year.
- Supply at record low 327 homes on market. 134 Sold
What’s Hot (21% or more for a SR)
- almost every area in the westside is fav sell
- Kits and Dunbar most active and great sales
- 11 / 11 sold in Kits - 100% s.r. incredible
- Dunbar - 24 / 27 sold - 89% s.r.
- almost price category favouring sellers
- $1.75M - $2.25M - 22 / 8 homes sold in this cat
What’s not hot (14% or less for a SR)
- 1 area is weaker - University - 1 / 10 sold
- expensive homes slow to sell believe it or not we had 149 homes priced over $4.5M - 19 of them sold

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What's Selling in Kitsilano for January 2016

Posted on January 15, 2016 by David Setton

Posted in: answers in real estate , david setton , kitsilano home sales , market report , market update , real estate , single family , trg realty , video blog , westside

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

https://davidsetton.com/market-updates.html

See all homes that sold in Kitsilano last month 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.
- 11 Homes sold in Kits for between $1.851M bought 33’ x 115’ land on 8th ave up to $3.3M for two ½ duplexes on a 49’ x 110 on 5th Ave
- 10 / 11 homes sold for over asking price
- 11 homes were available and on the market in Kits in Dec so to have 11 sales puts us in a strong seller’s market at a 100% SR (21% or greater)
- Sold values in Kits are lower at $1.9M than the median price for a home in the Westside - now at a staggering $3.2M
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 number

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