Kitsilano Houses Market Update August 2012
Here are the August 2012 stats for houses in Kitsilano. For an overview of the Kitsilano condo market, visit kitscondos.ca and click on the blog. Looking for a Vancouver real estate market update? Subscribe here to receive the latest edition of our Vancouver Sales Absorption Report.
- Statistics include detached single family homes in Kitsilano only
- Overall sales absorption for August was 12.86%, which represents 7.8 months of supply (buyer's market)
- There were 70 listings and 9 sales in August, a decrease of 9 listings and the same number of sales as the month of July
- Average sales price in August was $1,519,111, an increase of $730,000 (5.05%) from July's average
- Average DOM for August was 37 days; properties sat on the market 15 days longer than in July