What's Hot and What's Not in the Vancouver Westside Single Family Market for July 2015

Learn more about the market in your area: https://davidsetton.com/market-updates.html

What’s hot What’s Not – Vancouver Westside – Single Family for June 2015
- Continues to favour sellers. Last month the average price hit $2.967M - $667k higher than median price this time last year. Values are moving up at $100k / mo. over last 6 mo. 
- Supply remains very constrained 588 homes on market. 238 Sold 

What’s Hot (21% or more for a SR)
- almost every area in the westside is fav sell
- Dunbar - 67% - 34 / 51 
- Mac heights - 69% 9 / 13
- Point Grey - 55% - 24 / 44 sold
- every price category favouring sellers
- $2M - $2.25M - 100% SR 26 / 26 sold
- $2.5M - $2.75M - 20 / 34 - 59% SR
What’s not hot (14% or less for a SR)
- 1 area is a little bit weaker - university area - 3 / 21 sold - 14% - balanced - not fav buyers