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What’s hot What’s Not – Vancouver Westside – Single Family for Jan 2015
We are officially in a seller’s market - last month we hit a record avg. price of $2.67M. Compared to avg price Jun 2014 up $367K. Record low inv. 2014 - only 478 hms avail. 98 sold.
What’s Hot (21% or more for a SR)
- Kitsilano - 59% - 10 / 17
- Mac Heights - 46% 6 / 13
- $1.75M or less - 70% SR almost guaranteed
- $1.75M - $2M - lots of act. 10 / 23 - 43% SR
- tells me land land, land
- $4M - $4.5M fav sellers 10 / 25 sold 40%
What’s not hot (14% or less for a SR)
- $3M - $3.5M - 5% with 3 / 64 sold
- $5M+ lots of inventory 9 / 109 - 8% SR
- Oakridge - 2 / 23 - 9% SR
- SW Marine Dr - 2 / 27 - 7% SR
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