Vancouver Westside Single Family Update for April 2015

Learn about the market in your community and price point: 

https://davidsetton.com/market-updates.html

 

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

- Continues to favour sellers. Last month the average price hit $2.7M - new record.

- Compared to avg price Feb up $130k. Supply is lower than last mo. only 695 homes on market. 211 Sold

What’s Hot (21% or more for a SR)

- almost every area in the westside is fav sell

- Kitsilano - 70% - 23 / 33

- Point Grey - 50% 29 / 58

- Dunbar - 57% - 41 / 72 sold

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

- $2M - $2.25M - lots of act. 22 / 25 - 88% SR

What’s not hot (14% or less for a SR)

- $4.5M - $5M - 12% with 6 / 48 sold

- $5M+ lots of inventory 16 / 141 - 11% SR

- Mackenzie Heights - 4 / 31 - 13% SR - surprising usually strong - sellers little optimistic

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