Vancouver Westside Single Family Market Update for May 2015

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What’s hot What’s Not – Vancouver Westside – Single Family for May 2015

- Continues to favour sellers. Last month the average price hit $2.63M - $349k higher than median price this time last year.

- Supply remains very constrained 681 homes on market. 219 Sold

What’s Hot (21% or more for a SR)

- almost every area in the westside is fav sell

- Arbutus - 74% - 17 / 23

- Mac heights - 78% 14 / 18

- Kits - 51% - 17 / 33 sold

- $1.25M - $1.5M - 89% SR 8 / 9 sold

- $2M - $2.25M - lots of act. 24 / 24 - 100% SR

What’s not hot (14% or less for a SR)

- Balanced market condition over $3.5M

- $3.5M - $4M - 12% with 18 / 100 sold

- $5M+ lots of inventory 25 / 134 - 18% SR

- Shaughnessy & SW Marine - 12% buyer markt


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