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Vancouver Westside Single Family Market Update December 2017

Posted by setton on December 12, 2017
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Get statistics package here: http://davidsetton.com/snapstats.html

What’s hot What’s Not – Vancouver Westside – Single Family for Dec 2017

– Westside single fam is still fav buyers
– Median Prices dropped by 16% last month to $3.2M.
– Inventory is down about 100 homes from it’s peak of 789 in Sept.
– Only 83 homes sold in Nov
– Inventory is at 689 sf homes available 12% S.R.

What’s Hot (21% or more for a SR)

– which strongest – Kits
– 12 / 41 homes sold 29% sr Consistently does well
– special report on kitsilano
– price point strongest & fav sellers
– $2.25M – 2.75M 22 / 41 53% sr

What’s not hot (14% or less for a SR)

– Shaughnessy 3 / 82 sold – 4% sr
– Quilchena 1 / 27 sold – 4% sr
– which price category
– anything over $5M – buyers market – 273 homes priced over $5M – 15 sold. 12% sr. anything under 14% is a buyers market

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