Archive for the 'Kitsilano' Category
Vancouver’s Kitsilano Market Analysis May 2008
June 13th, 2008 Categories: Kitsilano, Vancouver Real Estate
Kitsilano’s May condo market saw an increase in the price over April and a slight increase in both listings and sales.
Listings 145 - of those 41 have had list price reduced and 4 have had it increased.
82 listed under $500,000. 59 listed between $500,000 and $1 million and 4 listed over $1 million.
Sales 45. Of those 9 had list price reduced and 2 had list price increased. Read the rest of this entry »
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Vancouver’s Kitsilano Market Analysis April 2008
May 15th, 2008 Categories: Kitsilano, Vancouver Real Estate
Listings 130 - 28 had price reductions and 2 had price increases. 75 listed under $500,000 and 52 listed between $500,000 and a million and 3 listed over $1 million. The least expensive $245,000 and the most expensive $3,200,000
Sales 42 - 6 had list price reductions and 1 had a list price increase. 28 sold under $500,000. 13 sold between $500,000 and $1 million and 1 sold over a million.
Days on the Market 28. Average price $484,815 . 3 months supply. Average $ pr sq ft $617. Average selling price to list price ratio: 99%
2008 SALES - Jan 26 , Feb 44 , Mar 20 , Apr 42
Reflections - under 3 months supply in the condos under $500,000. Just over 4 months supply in the $500,000 to million dollar range and 3 months supply over a million dollars. Kits remains a tight market under $1 million dollars and the most undersupplied of the vancouver west side condo markets. Listings and sales are up.
HAPPENINGS - preselling: Lumen, Mantra, Camera, Pulse, Pure, Kore, Locarno
Recently completed: Black Swan (suites still available)
View last month’s stats for Kits
Did you know you can search for Kits properties on this site? If you are wishing to buy or sell a Kits condo, please fill out my Contact Form.
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Discovering Vancouver - 1855 Vine Street, Kitsilano
May 10th, 2008 Categories: Discovering Vancouver, Kitsilano, Vancouver Real Estate
1855 Vine Street is a stylish character Landmark in the heart of Vancouver’s Kitsilano.
The building is Beaux Arts style that was a former Presbyterian Sabbath School circa 1911 and is made up of larger 2 bedrooms suites over 1200 sq.ft. It was converted to condos in the 1980s.
Currently #2 is for sale, just over 1200 sq.ft. $1,275,000. This heritage loft conversion was completely renovated to the highest quality of material & craftsmanship throughout. Exhibiting an elaborate portico of sandstone, 3ft thick brick walls & solid massive wooden beams, these are the original features of this romantic signature building on top of a hill. In 1985, architect Donald O’Callaghan modernized the inside of the Italianate shell into 5 unique 2 storey private residences of timeless quality. The suite has a 580 sq.ft. deck.
Do you know of other Kits condo buildings that are beautiful heritage style buildings that have been converted?
Fill out my contact form if you’d like to view this or other Kits suites. Or search for listings on this site.
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Discovering Vancouver
April 24th, 2008 Categories: Discovering Vancouver, Kitsilano, Vancouver Real Estate
One of my favourite neighbourhoods in Kitsilano is Arbutus Walk.
Do you remember the Carlings O’Keefe Brewery industrial lands that used to be here, prior to 1996? That’s when the transformation to residential began. The hood is now built out and contains more than 1000 condos and townhomies, in over 12 buildings. There was quite an outcry from the hood in the initial planning stages as the City wanted to build midrise condos. Read the rest of this entry »
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The Star of Kitsilano Open House
April 18th, 2008 Categories: Kitsilano, Vancouver Real Estate
View this spectacular one bedroom and den with a huge south facing terrace
226-2680 W. 4th, Kitsilano, Vancouver $457,000. MLS V702401
First Open Houses Saturday and Sunday 19th and 20th April, 2-4pm and Tuesday 22nd, 10-12.
View photos.
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The Star of Kitsilano
April 17th, 2008 Categories: Kitsilano, Vancouver Real Estate
The best 1 bedroom & den in Kits
A couple of weeks ago I received a referral from a Calgary agent. She told me the I would be one of three agents that the Seller would be interviewing. It took us a while to connect because the Seller travels all the time. I was delighted when we finally got to meet a couple of days ago and more delighted to leave the condo with a listing in hand. Read the rest of this entry »
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The Kits Point Dream Lives
April 10th, 2008 Categories: Kitsilano, Vancouver Real Estate
Last week some clients closed on a Kits Point studio condo at 1450 Laburnum.
It seemed like the right fit for my clients who are a young couple that already live a block away and wished to buy an investment condo in their neighbourhood.
The studio at 1450 Laburnum is one of the best renovations I’ve seen in a long time, on a low priced suite. The owners literally gutted this 438 sq.ft. studio with a large private patio, even installed new windows, all new bathroom and kitchen and a Murphy bed. It comes with one secured parking and locker. Read the rest of this entry »
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Discovering Vancouver
April 1st, 2008 Categories: Kitsilano, Vancouver Real Estate
The bestItalian eatery in Kitsilano.
The Epicurean Cafe on the corner of York and Cypress. Coffee, lunch, dinner, desserts…all fabulous Italian food.
Have a favourite Kits eatery you’d like to share with us?
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Kitsilano Statistics for February 2007
March 20th, 2008 Categories: Kitsilano, Vancouver Real Estate
Current Listings 117. Average Price $556,381
37 listings have had a price reduction and 2 have had a price increase.
59 are listed under $500,000. 45 are listed between $500,00 and $750,000 and 8 listed over $1 million
SOLDS 44. Average price $488,505. Average Days on market 19. 2 1/2 months of inventory
28 sold under $500,000. 13 sold between $500,000 and $750,000 and 3 sold over $1 million. 3 had list price reduced and one had list price increased.
10 sold over list price and 4 at list price - roughly one third of sales selling at or above list.
Reflections the Kits condo market remains very tight, with only two and a half months of supply and many still selling at or above list price. A Seller’s Market.
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Looking for a Kits 1 Bedroom in Arbutus Walk?
March 6th, 2008 Categories: Kitsilano, Vancouver Real Estate
Award-winning Adera’s I in Arbutus Walk Kitsilano.
JUST LISTED! This 7 storey concrete building is more than pleasing, situated across from the park. Step into a modern lobby with its own fireplace. Enjoy the parks, shopping and french patisserie at your doorstep. Functional and quiet l bedroom with open kitchen , stainless steel appliances and granite counter tops. Large storage space or office plus a solarium to enjoy your morning coffee and a balcony to extend your living to the outdoors. $359,000. Seldom available! By appointment only.
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