The Kitsilano Townhouse Market saw an expected drop in sales numbers thanks to the holidays, with steady numbers otherwise. The average and median price both dropped compared to last month, but that’s due to the type of inventory sold more so than a shift in the market. Last month there were 5 sales over $1.2-million, bringing up the average – now we’re at a number a little closer to our expectation.
Take a look at the number of active listings over $1.2-million, it’s 18 in total with only one sale. A lot of these listings are brand new half duplexes that command a premium in price, as well as those unique older Kitsilano homes that generally have a lot of square footage. The market is trending towards seeing more and more family style units, so expect this market (especially the sub-$1-million market) to continue to do well.
Contact the LiveKitsilano Team to discuss how we can market your townhome or half duplex to the right Buyers, for the right price, and with the knowledge and experience that you need to negotiate on your behalf.
Recent Kitsilano Townhome or Half Duplex Sales
One of the least expensive townhouses sold last month was this 2 bedroom, 2 bathroom top floor unit in a five-plex on West 15th. This home has incredible vaulted ceilings, skylights and a great space ripe for some modern touches. Listed for $589,000, it sold for $573,000 72 days later.
One of the most expensive half duplexes sold in Kitsilano last month was this 3 bedroom, 3,5 bathroom view home on West 1st Av. This home is brand new with 1645sqft of interior space, 638sqft of crawl space, 433sqft amenity room space and 769sqft of outdoor space.