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Kitsilano Single Family Market Update for July 2017

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Posted in: Answers in Real Estate , David Setton , Kitsilano , oakwyn , single family market

Download 17 homes sold last month here:https://davidsetton.com/market-updates.html

What’s hot in the Kitsilano Single Family for July 2017
- The Van Westside Single Family market is in a balanced Market Condition
- Kitsilano has been doing exceptionally well and is now favouring sellers.
- 17 Homes sold in Kits last month.
- least expensive home sold for $2.150M. which would have bought a 105 year old home on Yew (off of Broadway - most expensive sold for $3.775M for an 88 yr old home on 14th Ave & Balsalm.
- only 49 homes were available and on the market in Kitsilano in June so to have 17 sales puts us in a seller’s market at a 35% sales ratio
- Sold values in Kitsilano are at median price of $2.56M lower than the median price for a home in the Westside - now at $3.5M.

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