Kits Homes – Price reductions still the norm

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Over the last 30 days, Kitsilano has had 48 active detached home listings of which 32 had price reductions indicating that more sellers are trying to find the sweet spot. Two sellers are feeling positive about the market and have increased their asking price.

During the period two properties sold with a median price of $814K and an average sale price was $792K. There were 19 listing mandates that expired in the last 30 days.

Data courtesy of REBGV. Statistical numbers provided may vary due to dynamic posting by the REBGV. The enclosed information while deemed to be correct is not guaranteed and is provided by Larry Yatkowsky, Realtor®, YatterMatters.com. Further information available by calling 604-657-6236 or emailing lmy@Yattermatters.com.

Last modified: January 14, 2009

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