Kitsilano Condo

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Kitsilano 2 Bedroom Condo Market Update

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kits condo

kits condo
Of the 43 2 bedroom, 0+ bath, Condo homes in this area that sold in the last 3 months, 2 got over their listing price, 40 got less than the listing price, and 1 sold at their listing price.

kits condo
Some of the 2 bedroom, 0+ bath Condo homes in this area have been on the market 209 days while the average time is 84 days. Homes that sold in the last 3 months have taken up to 129 days while the average time is 36 days. The minimum is 6 days.

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The 2 bedroom, 0+ bath, Condo homes in this area currently on the market in the last 3 months range in price from 358,000 to 1,498,888, with a median price of 615,000. To compare, houses are selling in a range of 303,000 to 1,722,500 with a median selling price of 650,000.

kits condo
Of the 2 bedroom, 0+ bath Condo homes in this area in the last 3 months, 43 homes have sold and 76 are currently on the market. Plus, 68 new listings came on the market and 43 were sold. This means there is 5.3 months of inventory in the market today. A balanced market is defined as having 5 - 7 months of inventory, while a seller’s market has less than 5 months of inventory and a buyer’s market has more than 7 months of inventory.

MORE STATISTICS FOR KITSILANO CONDOS HERE

For more specific information, questions, or analysis on your home contact Kitsilano real estate expert Dean Wegman here.
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