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Vancouver Real Estate Analysis for Kitsilano

by Maggie Chandler on January 7, 2010

in Kitsilano

kits graph pic Vancouver Real Estate Analysis for Kitsilano

Listings and sales down.  Kits condo supply at a record low for the year. Listings dropped from  104 in January to only 46. Vancouver real estate market analysis for Kitsilano condos for December saw the average sale price up to $461,000 from $440,000 a year ago.  Average $psf for solds up to $572 from $498 a year ago.  Average Days on the market for sold condos up to 25 from 68 a year ago.   List price to sale price ratio  98% from 95% a year ago. December saw 75% of the sales under $500,000.  10 listings didn’t sell or were cancelled, the highest numbr for the last 6 months. Market still in need of listings.

Listings- 46 . 1 listed under $300,000. 9 listed between $300,000 and $400,000,  16 listings between $400,000 and $500,000. 10 listings between $500,000 and $600,000 and 10 listed between  $600,000 & $1M.  Currently there are 1 studios listed, 22 are one bedrooms and 22 are 2 bedrooms and one 3 bedroom

2008 Listings -Dec  117 , Nov 171,  Oct  187, Sept 184, Aug 166, July 159, Jun 157, May 145, Apr 130

2009 Listings – Jan 104, Feb 107, Mar 122, Apr 107, May 87, June 81, July 78, Aug 71, Sept 81, Oct 80, Nov 65, Dec 46

2010 Listings - Jan

Sales 18.  2 sales under $300k.  7 sold between $300,000 and $400,000.  6 sold between $400,000 and $500,000. 2 sold between $500,000 and $600,000 and 3 sold over $600,000. The highest was $765,000

11 were one bedrooms, 6 were 2 bedrooms and one 3 bedroom

Supply - 1.6 months. One bedrooms selling the best.

2008 Sales - Jan 26, Feb 44 , Mar 20, Apr 42, May 45, June 35, July 38, August 25, Sept 24, Oct 15 , Nov 12, Dec 12

2009 Sales – Jan 11, Feb 28, Mar 48, Apr 43, May 41, June 46, July 50, Aug 45, Sept 40, Oct 50, Nov 39, Dec 18

2010 Sales – Jan

2008 Average Days on the market  – January 27, February 18, March 18.  April 28, May 28, June 28, July 43, August 37, Sept 32, Oct 36, Nov 44, Dec 68

2009 Average Days on the market – Jan 68, Feb 38, Mar 35, Apr 32, May 33, June 26, Jul  35, Aug 18, Sept 14, Oct 18, Nov 26, Dec 25

2010 Average Days on Market -Jan

2008 Average Sale Price -  Jan $449,600, Feb $486,260 Mar $451,000, Apr $ 476,452, May $492,063, Jun $ 398,350, Jul $439,663 , Aug 416,240, Sept $408,159, Oct $427,850, Nov $408,250, Dec $440,000

2009 Average Sale Price - Jan $440,400, Feb $416,800, Mar $406,841, Apr $414,283, May $396,114, June $421,042, July 460,866, Aug $464,134, Sept $493,000, Oct $474,400, Nov $428,000, Dec $461,000

2010 Average Sale Price -

2008 Average Selling Price pr sq ft  - Dec $498 , Nov $511 , Oct $518, Sept $555

2009 Average Selling Price pr sq ft – Jan $498, Feb $511, Mar $515, Apr $519, May $523, June $557, Jul $572, Aug $586, Sept $607, Oct $584, Nov 566, Dec 572

2010 Average Selling Price pr sq ft -

Sale price to list price ratio  2008- Dec 95%, Nov  95%, Oct 96%, Sept 97%

Jan’09 - 95%, Feb 95%, Mar 96%, Apr 98%, May 98%, June 101%, Jul 100%, Aug 100%, Sept 99%, Oct 100%, Nov 99%, Dec 98%

Viewmy other posts for Kitsilano or search for Kitsilano listings. 

When you’re ready to buy or sell Kitsilano or Vancouver real estate, contact Maggie, an experienced agent marketing Vancouver real estate since 1981. subscribe via RSS or email

 

 

 

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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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