Kitsilano January 2021 Market Statistics (Vancouver, B.C.)

Located on the West side of Vancouver, Kitsilano (popularly known as Kits) is a laid back neighbourhood popular among students, young families, and working professionals. With close access to the globally established post-secondary school, The University of British Columbia, and Downtown Vancouver, residents can quickly make their commute to work or school. Year-round residents love this neighbourhood because of the healthy cafés, trendy restaurants, and active lifestyles they live with tons of fitness studios around. However, Kits thrives during the summer months because it is home to two of Vancouver’s most beloved beaches: Jericho beach and Kits beach.

Kitsilano Market Stats

January 2021 reported 18 detached homes on the market with 5 sales resulting in a 28% sales ratio. On the other hand, Kitsilano reported 78 attached homes on the market with 32 selling resulting in a 41% sales ratio. Inventory based on the number of bedrooms per detached homes for sale in Vancouver’s Westside was the highest with 5 to 6 bedrooms (190) on the market with 2 or less having the highest sales ratio (38%).

Over the past 12 months, the final selling prices of housing in the Kitsilano area have made a significant increase, with the exception of apartments. Detached homes in January 2021 sold for an average price of $2.436M, a remarkable 11.5% increase from last January at $2.184M. Townhomes sold for $1.120M, a 7.2% increase from last year’s selling price of $1.045M. Yet, apartments sold for $620.1K, a 0.8% decrease from last year at $624.8K.

Browse all attached homes listed on the MLS® in Kitsilano, B.C.
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Browse all townhomes listed on the MLS® in Kitsilano