Kitsilano Detached House Market Update: April 2014

13.04.2014

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The Kitsilano Detached House Market was very busy last month with almost double the sales as the month before (17 in total) and steady pricing with the average and median prices hovering around $1,98-million. The days on market dropped to 30 days, and an overall sales to active rate of 44%. If there is good inventory in the Kitsilano Detached House Market, the Buyers will come.

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Recent Kitsilano Detached House Sales

The least expensive Kitsilano House sale last month was a house on a small 41′ x 54′ lot at 8th and Waterloo. This 1597sqft house was listed for $1,150,000 and sold for $1,275,000 after 6 days. There was a lot of interest in the home given the entry level pricing and chance to still add square footage, and after multiple offers, one Buyer was successful.

The most expensive Kitsilano House sale last month was a 3358sqft, 2 bedroom house on a 33′ x 152′ lot on Point Grey Rd. This home has incredible and unobstructed views of the city, water and mountains. The home was built in 2006, and offers many waterfront luxuries like large decks, access to the beach, storage for kayaks and more. Listed for $10,988,000, this home sold 11 days later for full asking price.

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