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Vancouver Westside Single Family Market Update February 2018

Get statistics package here: http://davidsetton.com/snapstats.html

What’s Hot and What’s Not in the Vancouver Westside Single Family Market for February 2018

– Westside single fam is still fav buyers
– Median Prices increased by 13% last month to $3.6M.
– Inventory increased but we only have around 600 homes on the market – still low
– Only 45 homes sold in Jan – only 8% of the available homes – definitely a buyer’s market.

What’s Hot (21% or more for a SR)

– only one neighbourhood – Point Grey
– 8 / 48 homes sold 17% sr
– price point strongest & fav sellers
– $2M – 2.25M 2 / 5 40% sr

What’s not hot (14% or less for a SR)

– SW Marine 1 / 29 sold – 3% sr
– Shaughnessy 1 / 75 sold – 1% sr
– which price category
– anything over $4M
– about ½ the listings are asking over $4.5M

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