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What’s hot What’s Not – Vancouver Westside – Single Family for Nov 2014
We are officially in a seller’s market - Prices are holding steady. Avg price last mo. $2.517M dn slightly from Aug $2.320M and 154 / 715 sold. -Haven’t seen prices high since Feb.
-inventory looks like it is continuing to drop up pressure on pricing.
What’s Hot (21% or more for a SR)
- Dunbar - remains hot – 39% SR – 31 / 79
- Kitsilano - 37% - 10 / 27
- Mac Heights - 30% 9 / 30
- $1.5M - $1.75M - 83% SR smok 20 / 24 sold
- $2M - $2.25M - lots of act. 19 / 38 - 50% SR
What’s not hot (14% or less for a SR)
- high end luxury market still very cool
- $4.5M - $5.0M - 9% with 4 / 46 sold
- $5M+ lots of inventory 4 / 126 -4% SR
- Shaughnessy - 6 / 83 - 7% SR
- Marpole - 5 / 51 - 10% SR
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