Kitsilano House Prices Down a Whopping 20%

by Maggie Chandler on August 6, 2012

in Kitsilano

Kitsilano’s real estate prices continued to slide in July, compared to June. The average sale price for Kitsilano townhomes slipped from  $,1034,000 to $903,143 and Kitsilano condos from  $473,236 to $444,732.  Kitsilano house prices down a whopping 20% from a year ago to $1,446,000. Townhome sales were up 7% from a year ago and condos up  24% . However listings spiked 46% for townhomes and condos 7%  vs a year ago.

How Long to Sell a Listing in Kitsilano?

In July 2012 days on the market for Kitsilano townhomes was 58 and 37 for condos, both longer than a year ago. Average $psf for Kitsilano townhomes is $716 and condos $574, both lower than  a year ago. Sales to listings ratio is only 20%, strong buyers market.

What’s Selling Best in Kitsilano Condos?

What sold best in Kitsilano condos over the last year?

  • two bedrooms up 10%
  • one bedrooms down 10%

What sold best in Kitsilano townhomes over the last year?

  • two bedrooms
  • condos  between $400,000 and $600,000
  • and townhomes over $1M

P.S. I am your Vancouver real estate condo realtor!  Decades of experience and hyper-local info!

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WELCOME! And thanks for checking out my site, and wanting to know a little bit about me. I LOVE what I do, and that’s helping home buyers and home sellers in the waterfront condo neighbourhoods of Vancouver and I’ve been doing just that for nearly 30 years, so I’ve really gotten to know this market like the back of my hand. In fact I’ve seen Vancouver’s neighbourhoods of Coal Harbour, Downtown, Kitsilano, False Creek North, the West End and now the Olympic Village being built and I have an in depth knowledge of these neighbourhoods. My interest in Vancouver’s history combines with my interest in the changes and growth of its waterfront neighbourhoods. If you see me walking on the seawall, playing tennis or boating, say hello! The city of Vancouver and its neighbourhoods of Coal Harbour, Downtown, Kitsilano, False Creek North, the Olympic Village and the West End have been put on the world map with its dynamic growth, international immigration, hosting the 2010 Winter Olympics, amazing world class restaurants, geographical beauty and quality of life. Consistently voted the Best City in the World to live, you can find great shopping, sports and entertainment in Vancouver. I assist first time and trade up home buyers, investors and vacation home buyers, as well as first time and trade up home sellers, investors and vacation home sellers with the purchase and sale of houses, townhouses and condominiums. I come armed with stats and graphs and an extensive knowledge of market activity, with attention to detail that will give you piece of mind that I’m working in your best interest, I am a hard working, detail oriented, diligent individual with strong interpersonal skills, patience and a high level of integrity . My goal is to make the home buying and the home selling a fun trip with low stress and I use today’s technology to make every real estate transaction as smooth as possible by clearly answering your questions, providing expertise and offering a savvy opinion. Providing trustworthy real estate services in the Vancouver area for over 30 years

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