Of these 5 Vancouver West neighbourhoods, Kitsilano, once again, claimed the highest spot in sales ratio for both attached and detached homes. Condos and townhomes in Kitsilano sold at a nearly perfect 98% sales ratio with 46 new listings and 45 sales. Single family homes in Kitsilano had an impressive month as well, selling at a 65% sales ratio with 20 new listings and 13 sales.
Condo and Townhome Movement in these Westside Areas
Continuing Sellers Market Kitsilano, Dunbar, Point Grey and University
It is still showing to be a very strong sellers market, especially with condo & townhome sales in Kitsilano, Dunbar, Point Grey and University.
- Kitsilano condos & townhomes had a sales ratio of 98% (46 listings and 45 sales)
- Dunbar condos & townhomes had a sales ratio of 50% (10 listings and 5 sales)
- Point Grey and University condos & townhomes had a sales ratio of 27% (112 listings, 31 sales)
University Condos and Townhomes bring in A Lot of New Inventory
University condos and townhomes brought in the most new listings of all of Vancouver West this month. This neighbourhood brought in a total of 102 new listings for February, with 28 total sales for the month, many are still available.
Single Family Home Movement in These Westside Areas
Plenty of New listings in Dunbar and Point Grey
Of the 5 neighbourhoods, Dunbar and point grey single family homes brought in the widest array of new listings. Dunbar homes tallied 67 new listings for the month of February, along with 17 sales, creating a 25% sales ratio. Point Grey homes brought in similar numbers, adding 59 new listings with 13 sales for a 22% sales ratio. Click here to view the wide selection homes available in Dunbar and Point Grey
Most Active Price Bands for Homes in Vancouver West
The most active price band for homes in Vancouver West (with at least 10 new listings) was Vancouver West homes in the $2.5M-$2.75M price band. This price band saw 13 new listings and 7 sales, generating a 58% sales ratio. Just above this, homes in Vancouver West from $2.75M – $3M sold very fast with 29 new listings and 13 sales for a 45% sales ratio. Quantity wise, Vancouver West homes priced $3.5M-$4M had the most new listings and sales. These listings had 65 new listings and 22 sales, producing a 34% sales ratio. You can view all Vancouver West homes mentioned ($2.5M – $4M) here.
Want to Explore More About the Real Estate Movement in Vancouver West?
Talk to Ken & Samantha to get more details which houses, townhomes & condos sold (and which did not) recently. The wide range of activities across different areas & price bands in Vancouver Westside can seem daunting to grasp – we can help clarify your next move.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.