David's thoughts on anything real estate related

The Vancouver West Single Family Market Report

Here's my understanding on the current state of the market in Vancouver West for single family homes:

  • Official Market Type Westside Detached: Buyers market at 8% Sales Ratio average (8 in 100 homes selling)
  • Homes are selling on average 14% below list price
  • Most Active Price Band* +/-$2 mil: $1 mil to $1.25 mil (1 in 2 selling); $2 mil to $2.25 mil (Balanced market)
  • Buyers Best Bet* +/-$2 mil: Homes $1.25 mil to $1.5 mil; $2.5 mil to $2.75 mil, Dunbar, Mackenzie Heights, and Marpole
  • Sellers Best Bet*: Selling homes in Kitsilano, SW Marine and up to two bedroom properties For more details and Trend Graphs.

Please phone me for a detailed report and trend graph for Vancouver Westside Single Family homes.

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