What's Hot in the Vancouver Westside Single Family Market for March 2017

Download Report Here:https://davidsetton.com/market-updates.html

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

- Westside single fam market has moved from a buyer’s market in Jan to a balanced in Feb

- Median Prices jumped up 10% in 1 mo. to $3.1M

- 93 homes sold in Feb

- doesn't sound like a lot, but only 544 homes were available

What’s Hot (21% or more for a SR)

- In Jan, not one neighbourhood was fav sellers.  In Feb, 4 neighbourhoods fav. sellers

- Num of sold homes are up 151% in 1 mo.!

- which areas are strongest - Kits and PT Grey

- Kits 15 / 36 sold 42% sales Ratio 21% or more

- special report on kits - link above

- price point strongest & fav sellers

- $2.25M - 2.5M          10 / 10          100% sr

What’s not hot (14% or less for a SR)

- South Granville 5 / 67 - 7% sr

- Shaughnessy 2 / 68 sold - 3% sr

- which price category

- anything over $4.5M - buyers market -  212 homes priced over $5M  - only 8 sold. 4% sr. anything under 14% is a buyers market


Comments:
No comments

Post Your Comment:

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.