During the month of December, 4 of 16 (25%) homes sold in Kitsilano. The most expensive home sold for $3,798,000 on on West 15th Avenue; $190,000 below list price. This would have bought you a 2013 built home on a 4,758 square foot lot.
The least expensive home, a 81 year old property on 8th Ave, sold for asking price at $2,365,000. This would have bought you a starter home with a mortgage helper on a 3,630 square foot lot.
Out of all 16 homes that sold last month in Kitsilano, 3 of them sold below the asking price and one sold for over the asking price. With limited supply we can expect increased competition in Kitsilano for homes priced under $4,000,000.
Download the 4 homes that sold last month in Kitsilano by clicking on the link below. The report includes a map locating the homes and a 10 photo flyer on each home with property details. No personal information collected. This report is on me.