The Kitsilano townhouse and half duplex market had a 50% sales to active ratio, and after a 90% ratio in November, it’s still a strong market.
The median and average price hovered around the $1,070,000 mark, which is a decrease from last month and last year. Half duplexes are more expensive than townhouses, so the average price is slightly indicative of whether or not the market saw a few more duplex or townhouse sales.
Take a look at the difference in listings and sales compared to last year at this time – the number of listings decreased but the number of sales increased, which is indicative of the high activity in this market.
Contact us if you have any questions on this real estate market in Kitsilano.