March 2013 Kitsilano Real Estate Update

It’s definitely interesting times in the Vancouver real estate market at the moment. There are not a lot of general trends that are consistent across market segments and it’s not until you break those segments down that a real sense of the market begins to develop. To help facilitate that understanding, we have broken out our statistics into two separate categories: condos and townhomes (after the jump and below). This should help give you a clearer picture of the prices

Kits Weekend Open House – A 3546 Point Grey Road

Open House: Saturday, February 23rd from 2:30pm to 4:30pm. Address: 3546 Point Grey Road Price: $548,800 Property type: Residential Attached Total area: 836 sq. ft. Bedrooms: 2 Bathrooms: 2 Year Built: 1983 MLS Number: V990948 Listing agent: Sutton Grp West Coast (VanCam) More information is available online.

February 2013 Kitsilano real estate market update

This year is off to a quick start. Now that we’re into February, we’re that much closer to Spring and the busy Real Estate Market that comes with the nicer weather. Listing inventory is up 15-32% over last month, and you can expect that to continue as we approach Spring. This is great news for Buyers who have shown a renewed sense of interest in dipping into the market, and great news for Seller’s who may have been sitting on

Kits Weekend Open House: 104 – 2119 Yew Street

Open House: Saturday, February 9th from 1:00pm to 2:30pm. Address: #104 – 2119 Yew Street Price: $808,000 Property type: Residential Attached Total area: 1,250 sq. ft. Bedrooms: 2 Bathrooms: 3 Year Built: 2000 MLS Number: V989598 Listing agent: RE/MAX Select Properties More information is available online.

Kits Weekend Open House: 211- 2475 York Avenue

Open House: Sunday, November 25th from 1:00pm to 3:00pm. Address: #211 – 2475 York Avenue Price: $389,900 Property type: Residential Attached Total area: 725 sq. ft. Bedrooms: 1 Bathrooms: 1 Year Built: 1975 MLS Number: V981023 Listing agent: Macdonald Realty Ltd. More information is available online.

November 2012 Kitsilano real estate market update

The Vancouver market showed increasing signs of stability and a trending back towards a balanced market in October. Sales activity rose 27.4% over last month, though remained 16.7% below the same time last year. New listings declined 18.8% compared to September and 1.2% over October 2011. Price fluctuations vary greatly between market segments. Overall, the sales-to-active-listings ratio increased from 8% in September to 11% in October. Focusing on Kitsilano, we saw attached sales slip 19.4% compared to September but rise

Kitsilano home sales drop in September 2012

It’s a good thing the weather was warm this past September, as the Vancouver real estate market was definitely cooler than expected with an 8.1% drop in home sales compared to August and 32.5% decline compared to September 2011. In spite of this, buyer presence remains very strong with many waiting in the wings to dive back in when they find the right fit. As more stability sets in to the market place, I anticipate we will see an increase in sales volume heading into the Fall

Kits Weekend Open House: 303 – 1450 Laburnum Street

Open House: Saturday, October 6th from 2:00pm to 4:00pm. Address: #303 – 1450 Laburnum Street Price: $348,000 Property type: Residential Attached Total area: 624 sq. ft. Bedrooms: 1 Bathrooms: 1 Year Built: 1977 MLS Number: V974037 Listing agent: RE/MAX Crest Westside More information is available online.

Kits Weekend Open House in Arbutus Walk

Open House: Saturday, September 29th from 1:00pm to 2:30pm and Sunday, September 30th from 2:00pm – 4:00pm. Address: #406 – 2181 West 12th Avenue Price: $665,000 Property type: Residential Attached Total area: 980 sq. ft. Bedrooms: 2 Bathrooms: 2 Year Built: 1998 MLS Number: V973471 Listing agent: RE/MAX Crest Westside More information is available online.

Kits Weekend Open House: The Kore

Open House: Sunday, September 23rd from 2:00pm – 4:00pm. Address: #207 – 1808 West 3rd Avenue Price: $629,000 Property type: Residential Attached Total area: 773 sq. ft. Bedrooms: 2 Bathrooms: 2 Year Built: 2010 MLS Number: V971580 Listing agent: Domicile Real Estate Corp. More information is available online.

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