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Vancouver Westside Single Family Market Update June 2018

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

– Westside single fam is still fav buyers
– Median Prices increased slightly by 8% last month to $3.2M. Down $500k since median prices peaked last yr
– Inventory continues to increased to 811 homes
– Only 91 homes sold in May – only 11% of the available homes – definitely a buyer’s market.

What’s Hot (21% or more for a SR)

– only one neighbourhood – Kitsilano – special report
– 12 / 45 homes sold 27% sr
– price point strongest & fav sellers
– $1.75M – $2.25M 14 / 30 47% sr

What’s not hot (14% or less for a SR)

– Kerrisdale 3 / 57 sold – 5% sr
– South Granville 3 / 85 sold – 4% sr
– which price category favouing buyers?
– anything over $3.5M 34 / 551 6%

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