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Kitsilano Two Bedroom Condo Update - 90 Day Trends

Posted on Feb 21, 2019

The Kitsilano one bedroom condo market is "balanced" in February.  When looking at the 9-0 day trend the averages are: asking price $1.15M, days on market 49, sold price 2% below asking, and a 10% decrease in homes for sale. 

The least expensive one bedroom condo is listed for $619,900, the most expensive $2,800,000. 

Here's the breakdown:






If you are th...

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Significant reduction in buyers purchasing power impacting real estate market

Posted on Feb 11, 2019

Home listings continue to increase across all housing categories in the Metro Vancouver housing market while home buyer activity remains below historical averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,103 in January 2019, a 39.3 per cent decrease from the 1,818 sales recorded...

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Were December sales up or down? Inventory?  We have the answers.

Posted on Jan 21, 2019


Thinking of buying or selling? Over 10 years of serving clients in the Kitsilano area

Want a more detailed SnapsStats report for Vancouver’s Westside delivered each month? Click here to sign up for free updates to your inbox each month  

All stats derived from Dean Wegman & SnapStats.

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Kitsilano condo market ends 2018 with strong sales activity amidst slowdown

Posted on Jan 14, 2019

 
Condos & Townhomes - Kitsilano condo market sees strong sales in December

Vancouver’s westside neighbourhood of Kitsilano experienced strong sales activity in December amidst a general slowdown across Metro Vancouver. This has been a continuous trend for Kitsilano’s condo market over the past 5 months. 

How do we know? List to Sales Ratio 
  • A buyer’s...

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Metro Vancouver real estate impacted by high prices, interest rates, & rules 2018

Posted on Jan 04, 2019




December Summary 

Sales of apartment homes across Metro Vancouver reached 535 in December 2018, a 34 per cent decrease compared to the 1,028 sales in December 2017. The benchmark price of an apartment home is $664,100. This represents a 0.6 per cent increase from December 2017 and a 0.6 per cent decrease compared to November 2018.

Attached home sales...

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Happy Holidays from Kitsilano-Condo.com

Posted on Dec 24, 2018


A happy holidays and amazing 2019! 


We look forward to continue being your trusted Kitsilano real estate advisors and helping you with any of your future real estate needs.

Sincerely,


Dean & Vero


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