Kitsilano Townhomes and 1/2 Duplexes: Market Update for November 2013

07.11.2013

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All About Kitsilano Townhomes and 1/2 Duplexes For Sale

Kitsilano Townhomes and 1/2 Duplexes saw a rise in activity in October. With 9 more sales (that’s a significant 75% increase over September), the market had a lot of interest. With the same number of listings above and below $1-million, Buyers tended towards the listings under $1-million as shown by an average price of $937k and a median price of $930k. About 5 of the listings would need a big renovation, which is also a factor in the decreasing prices. The townhome market is consistently strong in Kitsilano as a stepping pad for those looking for more space and a house-like feel on the Westside.

Kitsilano_Townhomes_Graphs_Vancouver_Real_Estate_October_Chimes_Page_14

The least expensive sale was a townhouse in a fourplex at 1825 W 13th. The 1143 sqft home has 2 bedrooms, 2 full bathrooms and some renovations, though more renos would be needed to modernize the space. The homes was listed for $569,000 and sold 59 days later for $560,000.

The most expensive sale was front 1/2 duplex at 2036 Whyte Ave in Kits Point. The 1529 sqft unit was completely renovated in 2009, and has 3 bedrooms, 2.5 bathrooms, 3 levels, a single garage, 3 fireplaces, 600sqft of crawlspace (not included in the total sqft) and professional landscaping. The home was listed for $1,550,000 and sold for $1,495,000 9 days later.

Search all Kitsilano Townhomes for Sale

Search all Kitsilano 1/2 Duplexes for Sale

As always, let us know if you have any questions. Having bought and sold (and even renovated!) many Kitsilano townhomes and 1/2 duplexes, we’re confident in our skills and knowledge to help you buy or sell yours.

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