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!