Snapshot – Kitsilano Homes

Kitsilano Detached

Vancouver’s Kitsilano Detached homes are trying hard to find equilibrium.

In the period starting August 14,2010 to October 14,2010 Kitsilano homes to struggled to find balance.

Listings

Total Listings decreased from August/September’s 64 to September/October’s 62.

Sales

Kitsilano homes sold recorded 11 units in August/September and 10 in September/October.

Expired, Reductions, Increases, Days on Market

  • August/September had 6 listing mandates expire decreasing to 5 in September/October.
  • Price reductions in August/September totalled 14 but that number was reduced to 11 in September/October.
  • A single price increase was recorded in August/September. There have been three price increases in the September/October period.
  • It took an average of 37 days to sell the 11 Kitsilano homes in August/September but only 31 days to sell 10 Kitsilano homes in September/October.

Average and Median Prices

  • August/September’s Average Ask Price for a Kitsilano home was $1,340,909. That waivered a little dropping to $1,339,200 in September/October.
  • The Median Ask price in August/September was $1,139,000. The median increased to $1,274,000 in September/October.
  • The Average Sold price in the August/September was $1,346,936. In September/October that average number reduced to $1,333,980.
  • The Median Sold price in August/September registered $1,200,000. In the September/October that increased to $1,311,400.

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.

Reader Comments:

MH Says:
October 15th, 2010 at 6:28 am

… talk about a balanced market

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