Kitsilano Single Family Market Update for June 2020

See what’s selling in Kitsilano here: https://davidsetton.com/market-updates.html


What’s selling in the Vancouver Kitsilano Single Family Market? Unlike the rest of the Vancouver West Side single family market, Kitsilano is favouring sellers with 44% of homes sold.  


Seven homes sold in Kitsilano last month. The most expensive home sold for $5.5M.  This would have bought you a 1 year old custom built home on 13th Avenue on a 50 foot wide by 125 foot deep lot. This home was originally listed for $6.5M in November last year.


The least expensive home sold for $1.9M.  This would have bought you a 93 year old home on Waterloo Street on a 33 foot by 120 foot deep lot.  This home originally sold for $2.1M in 2015.


16 homes were available and on the market in Kitsilano last month.  To have 7 homes sell puts us in a seller’s market with 44% of the homes selling.


Sold values in Kitsilano are at a median price of $2.65M about $500,000 lower than the median price for a home in the West Side which is now at around $3.2M.

If you like to take a look at these sales, I have a new package you can download at this link: https://davidsetton.com/market-updates.html

 
Comments:
No comments

Post Your Comment:

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.