What’s selling in the Vancouver Kitsilano Single Family Market?
The Vancouver West Side Single Family Market is now favouring Sellers The Kitsilano market is also favouring sellers with 50% of homes sold.
Eight homes sold in Kitsilano last month. The most expensive home sold for $3.1M. This would have bought you a 95 year old home on a 49 foot wide by 80 foot deep lot on Point Grey Road. This home was originally listed for sale at just under $6M two years ago.
The least expensive home sold for $2.1M. This would have bought you a 92 year old home on 12th Avenue on a 33 foot by 122 foot deep lot.
16 homes were available and on the market in Kitsilano last month. To have 8 homes sell puts us in a seller’s market with 50% of the homes selling.
Sold values in Kitsilano are at a median price of $2,500,000 about $500,000 lower than the median price for a home in the West Side which is now at around $3,000,000. If you like to take a look at these sales, I have a new package you can download at this link: