What’s Happening in the Kitsilano Detached House Market?
Detached homes in Kitsilano saw a nice increase in sales thanks to interesting inventory hitting the market – there were quite a few character homes and good lots that a lot of Buyers have been looking for. Most of the sales were between $1.2-million and $2-million, and we have an average price of just under $2-million for a detached home in Kitsilano. Don’t let the days on market number of 54 fool you, many of the home sales last month sold within the first week and went into multiple offers.
Kitsilano House Sales
The most expensive Kitsilano House sale last month was at West 15th and Macdonald. This newly built home has 3329sqft of living space on a wide 39′ lot. There are 6 bedrooms, 5.5 bathrooms, a 3 car garage and many modern amenities including a wok kitchen. Listed for $2,698,000, it sold 100 days later for $2,439,252.
The least expensive Kitsilano house sale last month was a character home sitting on a 33′ x 120 RT-7 lot. The interior had been updated in the last few years but will require some work on the building components. Most of the value was in the lot. It was listed for $1,288,000 and sold 8 days later for $1,300,000.