Snap Shot – Kitsilano Attached

Kitsilano Attached

Walk north from 4th avenue towards Kits Beach and you find yourself travelling down a steep hill. Though strengthened by some higher priced sales that same walk parallels October’s snapshot of Kitsilano’s attached market.

From August 17, 2010 to October 17, 2010 Kitsilano’s attached market recorded the following activity.

Listings

Total Listings decreased from Aug/Sept 259 to Sept/Oct’s 235.

Sales

©YatterMatters

Sales dropped over 50% from Aug/Sept 43 to Sept/Oct’s 21.

Expired, Reductions, Increases, Days on Market

  • Aug/Sept had 20 listing mandates expire but slowed to 18 in Sept/Oct.
  • Price reductions in Aug/Sept were 77 slowing to 64 in the Sept/Oct period.
  • There was a single price increase in both periods.
  • It took an average of 43 days to sell the 43 units in Aug/Sept. This decreased to 32 days to sell 21 units Sept/Oct.

Average and Median Prices

  • Aug/Sept Average Ask price of $634,888 increased to $717,209 in Sept/Oct.
  • The Median Ask price in Aug/Sept was $539,000. The median increased to $629,000 in Sept/Oct.
  • The Average Sold price in the Aug/Sept was $617,758. In Sept/Oct jumped up to $703,900.
  • The Median Sold price in Aug/Sept registered $515,000. In the Sept/Oct the Kitsilano Attached Median Sold prices increased to $606,800.

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

When Life Moves You - contact Larry:

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.

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