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Vancouver Westside Single Family Market Update for November 2017

Posted by setton on November 8, 2017
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For Statistics for your area click here.

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

– Westside single fam market transitioned to a buyer’s market

– Median Prices are at still at their highest at $3.79M.

– Inventory is dropped a little between Sept and Oct.

– Number of sales are up slightly. Not sure if it is a trend. Previous 4 months trended toward decreasing prices.

– 108 homes sold in Oct

– Inventory is at 757 sf homes available 14% S.R.

What’s Hot (21% or more for a SR)

– which strongest – Mackenzie Heights

– 8 / 28 homes sold 29% sr Consistently does well

– price point strongest & fav sellers

– $1.75M – 2.25M        10 / 10        100% sr affordable 😉

What’s not hot (14% or less for a SR)

– SW Marine Dr 4 / 41 – 10% sr

– Southlands 4 / 39 sold – 10% sr

– which price category

– anything over $4.5M – buyers market –  379 homes priced over $4.5M  – 30 sold. 8% sr. anything under 14% is a buyers market

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