Vancouver Westside Single Family Market Conditions for May 2014

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What's hot What's Not -- Vancouver Westside -- Single Family for May 2014

We have transitioned from sell to balanced  - Avg $2.281M and 160 / 850 homes sold. Avg price down from Feb $2.375M avg.
What's Hot (21% or more for a sales ratio)
-Mackenzie Height -very hot --41% sales ratio -- 9 / 22 sold
-Kitsilano - very strong - 30% also 14 / 46 sold
-Cambie - 31% - 16 / 52 sold
- $1.25M - $1.5M - 45% sales ratio smoking hot 13 / 29 sold
- $1.5M - $1.75M - 26 / 56 sold or 46% sales ratio
- $1.75M - $2.00M - 26 / 82 sold or 32% sales ratio
What's not hot (14% or less for a sales ratio)
- high end luxury market really cooled since Feb
- $3.5M - $4M 7% with 7 / 93 sold
- $5M+ 11 / 111 sold or 11% Sales ratio
- University 2 / 29 sold or 7% sales ratio
- Shaughnessy - 2 / 87 sold or 2.3% sales ratio
- SW Marine - 3 / 40 sold or 7.5% sales ratio

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