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Vancouver Westside Single Family Market Update March 2018

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

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

– Westside single fam is still fav buyers
– Median Prices fell slightly last month to $3.45M.
– Inventory increased by 100 homes also and we now have 680 homes on the market
– very few homes sold in Feb – only 8% of the available homes – definitely a buyer’s market.

What’s Hot (21% or more for a SR)

– only one neighbourhood – Oakridge
– 3 / 15 homes sold 20% sr
– price point strongest & fav sellers
– $2M – 2.25M 2 / 8 25% sr

What’s not hot (14% or less for a SR)

– SW Marine 1 / 31 sold – 3% sr
– Southlands 1 / 31 sold – 3% sr
– which price category
– anything over $3.5M
– about ½ the listings are asking over $4.5M and only 3% of them are actually selling.

3 thoughts on “Vancouver Westside Single Family Market Update March 2018

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