Kitsilano Condo


Kitsilano stays at top of list for best neighbourhood to be selling a condo or townhouse on Vancouver's Westside.

Kitsilano’s condo and townhouse real estate market is slowing but not by much April’s statistics show. Mount Pleasant led with 5 out of the 6 homes active during the month selling, while Kitsilano had the most activity with 48 homes selling out of the 72 available. 

Here’s the breakdown for condo’s & town homes on Vancouver’s Westside in December:

• Overall a Sellers market at 38% list to sales ration, down from 48% in April. 

• The most active price range was for homes priced between $600k-$700K.

• Homes are selling on average at list price.

• Buyer’s Best Bet: Homes between $2.25M to $2.5M, Cambie, Oakridge, South Granville & 3 bedroom properties

• Seller’s Best Bet: Selling Homes in Kitsilano up to 1 bedroom properties

In April this year condo and townhouse inventory and benchmark prices rose, while total sales dropped slightly.

Kitsilano’s single family home real market is in a balanced market with a 12% list to sales ratio.

Here’s the breakdown for single family homes on Vancouver’s Westside in April:

• Overall a buyers market with a 9% sales to list ratio. 

• Most active price band is $1.75M to $2M, and $3M to $4M.

• Homes are selling on average 5% below list price.

• Buyer’s Best Bet: Homes between $2.75 to $3M, $5M+ in Marpole & Shaughnessy.

• Seller’s Best Bet: Selling Homes in SW Marine Drive an dup to 2 bedroom properties. 

Between March and April home inventory increased for the 4th month in a row, sale prices came down, and sales were flat.

Any Q's or more specific information needed on a particular neighbourhood please contact us. We're here to help!

*Buyer’s Market 1-11%, Balanced Market 12-20%, Seller’s Market 21% and up.

All stats derived from SnapStats and Dean Wegman.