What's Hot and What's Not in the Vancouver Westside Single Family Market for May 2016

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What’s hot What’s Not – Vancouver Westside – Single Family for May 2016

- Continues to favour sellers. Median prices seem crept up a little bit last month from $3.5m to almost $3.7m

- Supply still very low at 534 homes on market. 229 Sold

What’s Hot (21% or more for a SR)

- almost every area in the westside is fav sell

- Dunbar and Point Grey most active

- 42 / 52 sold in Dunbar - 81% s.r.

- Point Grey - 25 / 35 sold - 71% s.r.

- almost price category favouring sellers

- $2M - $2.5M - 25 / 38 sold  66% s.r.

- $3m - $3.5M - 42 / 49 - 86% s.r.

What’s not hot (14% or less for a SR)

- 1 area is weaker - Marpole - 8 / 48 sold

- all price bands are strong even $5m + price band is doing well 49 / 216 homes sold 23% sr


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