What’s hot What’s Not – Vancouver Westside – Single Family for May 2017 - Westside single fam market remains in a balanced market. Right where it should be. - Median Prices came down 5% in April to $3.2M - 111 homes sold in April - Inventory still low only 561 single family homes available
What’s Hot (21% or more for a SR) - which areas are strongest - Quilchena and Dunbar - Dunbar 18 / 68 sold 26% sales Ratio 21% or more - Quilchena 7 / 23 sold 30% sales ratio - price point strongest & fav sellers - $2.25M - 2.5M 12 / 12 100% sr - $3M - $3.5M 20 / 57 35% sr
What’s not hot (14% or less for a SR) - Southlands 2 / 25 - 8% sr - Shaughnessy 2 / 62 sold - 3% sr - which price category - anything over $4.5M - buyers market - 210 homes priced over $5M - only 16 sold. 8% sr. anything under 14% is a buyers market
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