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Vancouver Westside Single Family Market Update July 2019

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What’s Hot and What’s Not in the Vancouver Westside Single Family Market for July 2019

– Westside single fam is continues to fav buyers
– Median Prices have stabilized at $2.9M.
– Inventory is hovering at around 700 homes
– only 59 homes sold in May – about 9% – buyers market

What’s Hot (21% or more for a SR)

– 2 neighbourhoods are favouring sellers now
– Kitsilano & Mackenzie Heights – special report
– 9 / 38 homes sold in kits or 24%
– 7 / 24 homes sold in Mac Heights or 29%
– price point strongest & fav sellers
– $1.75M – $2.25M 45% sr 14 / 31 homes sold

What’s not hot (14% or less for a SR)

– In other words where should buyers be looking
– Cambie 1 / 49 sold 4%
– South Granville 3 / 74 sold 4%
– which price category favouring buyers?
– anything over $2.25M fav buyers.
– anything over $4.5M really weak – 300 priced over $4.5M homes 3% sellin

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