David's thoughts on anything real estate related

Vancouver Westside Single Family Market Update for November 2017

For Statistics for your area click here.

What’s hot What’s Not – Vancouver Westside – Single Family for Nov 2017

- Westside single fam market transitioned to a buyer’s market

- Median Prices are at still at their highest at $3.79M.

- Inventory is dropped a little between Sept and Oct.

- Number of sales are up slightly. Not sure if it is a trend. Previous 4 months trended toward decreasing prices.

- 108 homes sold in Oct

- Inventory is at 757 sf homes available 14% S.R.

What’s Hot (21% or more for a SR)

- which strongest - Mackenzie Heights

- 8 / 28 homes sold 29% sr Consistently does well

- price point strongest & fav sellers

- $1.75M - 2.25M        10 / 10        100% sr affordable ;)

What’s not hot (14% or less for a SR)

- SW Marine Dr 4 / 41 - 10% sr

- Southlands 4 / 39 sold - 10% sr

- which price category

- anything over $4.5M - buyers market -  379 homes priced over $4.5M  - 30 sold. 8% sr. anything under 14% is a buyers market

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