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What’s Hot in the Vancouver Westside Single Family Market for March 2017

Download Report Here: http://www.davidsetton.com/snapstats.html

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

– Westside single fam market has moved from a buyer’s market in Jan to a balanced in Feb

– Median Prices jumped up 10% in 1 mo. to $3.1M

– 93 homes sold in Feb

– doesn’t sound like a lot, but only 544 homes were available

What’s Hot (21% or more for a SR)

– In Jan, not one neighbourhood was fav sellers.  In Feb, 4 neighbourhoods fav. sellers

– Num of sold homes are up 151% in 1 mo.!

– which areas are strongest – Kits and PT Grey

– Kits 15 / 36 sold 42% sales Ratio 21% or more

– special report on kits – link above

– price point strongest & fav sellers

– $2.25M – 2.5M          10 / 10          100% sr

What’s not hot (14% or less for a SR)

– South Granville 5 / 67 – 7% sr

– Shaughnessy 2 / 68 sold – 3% sr

– which price category

– anything over $4.5M – buyers market –  212 homes priced over $5M  – only 8 sold. 4% sr. anything under 14% is a buyers market

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