The Kitsilano Real Estate Market has continued to be busy the last few weeks, with good properties selling quickly. Now that we’re entering into November and getting closer to Christmas, many Buyers who have taken the last few months to get a sense of the market and inventory, and to secure their financing, are finally starting to jump on properties, including those that have been on the market in the past and didn’t sell originally. Having said that, inventory has dropped leaving Buyers less to choose from yet still eager to buy.
If you’re looking to sell your Kitsilano Home, let us know, we may have a handful of Buyers who could jump on the property before it ever hits the market, making the process much easier for yourself. If you’re looking to sell in the new year, it’s a great time to start to get ready for the process so you know what to expect and how to proceed. Fill out our Kitsilano Home Value Form to get started!
All in all, sales in Kitsilano have been strong, even with this not being the most active month we’ve seen this year. The total sales to active ratio is a high 27% going into November. Expect the Kits market to continue to slow down as we reach the holidays, picking up again in the new year. If you’re really eager, it’s a great time to lock down a good property before Christmas.
We have a few new listings soon to be listed for sale, so keep your eye out for those! They’re great listings that show well, and we’re excited to get them on the market.
Have a great November, and contact us whenever you have a question.