Vancouver Westside Single Family Market Update for December 2014

Download statistics specific to your community and price point here: https://davidsetton.com/market-updates.html


What’s hot What’s Not – Vancouver Westside – Single Family for Dec 2014

We transitioned from seller’s market in Oct to balanced in Nov  - last month predicted values $2.6M. Avg price last mo. $2.6M up from Sept $2.320M.  115 sold / 626 Record


What’s Hot (21% or more for a SR)

- Dunbar - remains hot – 30% SR – 19 / 64

- Kitsilano - 37% - 7 / 19

- Mac Heights - 45% 10 / 22

- $1.5M - $1.75M - 100% SR smok 17 / 17 sold

- $1.75M - $2M - lots of act. 13 / 34 - 38% SR

- tells me land land, land

- $2.5M - $2.75M and $4M - $4.5M fav sellers

What’s not hot (14% or less for a SR)

- high end luxury market still very cool

- $4.5M - $5.0M - 7% with 3 / 42 sold

- $5M+ lots of inventory 9 / 109 - 8% SR

- Oakridge - 2 / 23 - 9% SR

- Shaughnessy - 8 / 77 - 10% SR

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