Kitsilano Condos: Market Update for November 2013

07.11.2013

Share This!

All About Kitsilano Real Estate and Kitsilano Condos For Sale

Kitsilano showed a healthy October condo market. Listings and Sales were consistent over the previous month, with slight differences in prices. The median price increased from $430k to $450k thanks to a more expensive sales over last month, while the average price increased to $525k thanks to a few high end condo sales (over $600,000). These more expensive sale prices are thanks to more 2 bedroom units being sold this past month compared to the one before (September saw 11 two bedrooms condo sales, whilst October saw 19 two bedroom condo sales). With a slight decrease in days on market, last months Buyers were eager to close deals. Notice the change from 2012 – though there is less inventory, the market has improved for both Buyers and Sellers.

 Kitsilano_Condos_Graphs_Vancouver_Real_Estate_October_Chimes_Page_13

The least expensive condo sale in Kitsilano was at Augustine Gardens at 2020 West 8th Ave. This 645 sqft condo has 1 bedroom, 1 bathroom, a gas fireplace and 1 parking spot. The unit is in original condition though it shows well. Was was noted that the building will be undergoing some remediation work (such as a possible rain screen or roof replacement) which will increase the value of the building, though the new owner will have to live through the construction phase. Pets and rentals are allowed. It was listed for $289,000 and sold 115 days later for $270,000.

One of the most expensive Kitsilano condo sales in October was in the New Yorker in Arbutus Walk. This 1018 sqft unit has 2 bedroom, 2 full bathrooms, 2 balcony’s (facing east and west), lots of windows overlooking trees and green space, stainless steel appliances, and some flex space for extra storage or a small den. The unit comes with 1 parking spot, and the building allows rentals and 2 pets. It was listed for $699,000 and sold 2 days later for $695,000.

[x] close

Login for Full MLS Acess

Name* (first and last):

Email Address*:

Price Range: -

Property Type:

How many bedrooms?

How many bathrooms?

What area? (Near xxx)

I'm looking for a home that: (Allows pets, has ocean view)

Are you working with a Realtor?

Terms of Use

The term Virtual Office Website ("VOW") refers to a Participant's (REALTORS®) Internet website, or a feature of a Participant's Internet website, through which the Participant provides real estate brokerage services to Registrants (clients and prospects) with whom the Participant has first established a relationship where the Registrant has the opportunity to search for MLS® data, subject to the Participant's oversight, supervision and accountability. By agreeing to these "Terms of Use" you:

  1. acknowledge and understand that the Terms of Use do not create an agency relationship and do not impose a financial obligation on the Registrant or create any representation agreement between the Registrant and the Participant;
  2. understand that all data obtained from the VOW is intended only for your personal, non-commercial use;
  3. do have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered through the VOW
  4. agree not to copy, redistribute or retransmit any of the data or information provided;
  5. acknowledge the Board/Association ownership of and the validity of the copyright in the MLS® database.
  6. agree that all information provided may be provided to the relevant Board and may be used to administer and operate the VOW and to investigate any breach of security of the data or the MLS® rules
  7. that a "mouse click" is sufficient acknowledgement and agreement to the terms
  8. must supply a user name and a password, the combination of which must be different from those of all other Registrants on the VOW, before being permitted to search and view information from the MLS® database via the VOW.
  9. must provide a valid email address. The Registrant may be permitted to access the VOW only after the Participant has verified that the email address provided is valid the Registrant's agreement to the VOW's Terms of Use is confirmed.
  10. understand the Participant must at all times maintain a record of the name, telephone number and email address supplied by the Registrant, and the username and current password of each Registrant, such records to be kept for not less than 180 days after the expiration of the validity of the Registrant's password. If the Board/Association has reason to believe that a Participant's VOW has caused or permitted a breach in the security of the data or a violation of MLS® rules related to use by one or more Registrants, the Participant shall, upon request, provide to the Board/Association a copy of the record of the name, email address, telephone number, username, current password, and audit trail, if required, of any Registrant identified by the Board/Association to be suspected of involvement in the violation.
  11. Understand that information on this site is deemed to be valid but is not guaranteed. It is the responsibility of the registrants to confirm all information on their own. Broker may not have reviewed or approved listing enhancements. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  12. Understand any agreement entered into at any time between the Participant and Registrant imposing a financial obligation on the Registrant or creating agency representation of the Registrant by the Participant must be established separately from the Terms of Use, must be prominently labelled and may not be accepted solely by mouse click
  13. have received, read and understand the brochure published by the British Columbia Real Estate Association entitled Working With a REALTOR®

Having agreed to the terms and conditions of use, I would like to have access to this VOW information.

 Terms and Conditions I agree to the Terms and Conditions

[x] close

Login for VOW Access

Remember me

Don't have an account? Register now!