Arbutus, Quilchena, Mackenzie Heights & Kerrisdale Real Estate Movement in February 2022
These Vancouver Westside neighbourhoods had a strong month when it came to condo, townhome, and single family home listings and sales.
These Vancouver Westside neighbourhoods had a strong month when it came to condo, townhome, and single family home listings and sales.
Condos and townhomes in Kitsilano once again claimed the highest spot in sales ratio for all of Vancouver Westside.
Vancouver Westside houses saw a drastic decrease in average days on market in February, falling to 11 days from 31 days in January.
Condos and townhomes in Vancouver East brought in the highest sales ratio for all of Vancouver. Browse this month's real estate trends here.
Condos and Townhomes in Fairview and Mount Pleasant saw an abundance of action in the market, performing well above the city average in sales.
Homes in Vancouver Westside in the $1.75M - $3.5M price range attracted most of the total sales with 97 new listings and 37 sales for a total sales ratio of 38%.
These three Vancouver West neighbourhoods, Arbutus, Quilchena & Kerrisdale all performed above the city average in the Westside.
The Cambie Corridor accounted for over 50% of total new listings and sales in Vancouver West. Check out real estate movement for the area!
Kitsilano claimed the spot for the highest sales ratio at an impressive 38%. Kits saw 24 new listings and 5 sales for the month. To follow, Southlands had the second highest sales ratio at 18% with 22 new listings and 4 sales.
Vancouver Westside saw a lower sales ratio of 13% in January compared to the previous month. Although this number isn’t as persuasive as the other areas, it is mainly due to a large influx of new inventory above $3.5M with little sales.