Kitsilano Condo - 2BR – Real Estate Market Summary

 

2BR

< $1.5M

> 20 year old

 

• Currently 27 for sale
• 11 sold in last 30 days
• 28 sold in last 60 days
• 42 sold in the last 90 days

 

SOLD Kitsilano 2BR Condo stats for the last 60 days

 

28 Sales

 Price – Avg $915k, Median $905k

 Price (sq ft) – Avg $955, Median $904

 Size (sq ft) - Avg 958

 Days On Market – Avg 17

 

SOLD Kitsilano 2BR Condo stats for last 60 days (2017)

 

24 Sales

 Price – Avg $935k, Median $925k

 Price (sq ft) – Avg $958   Median $946

 Size (sq ft) - 974

 Days on Market – 17

 

 

 24 For Sale

 Price – Avg $889k

 Price (sq ft) – $912

 Size (sq ft) - 974

 Days on Market – 50

 

Summary – Points of Interest

 

1. Sales volume is UP 16% over same period last year
2. Sales price is DOWN 2% over same period last year
3. Median Price/sq ft is DOWN 4.6% over same period last year
4. Condo sizes are 1.6% smaller. Condos in Kits are SHRINKING! LOL
5. Current product waiting to sell has been on market 3x as long as it took to sell last year, and growing!