Kitsilano Houses Sales Report April 2012
Here's our analysis of the detached single-family home market in Kitsilano. Below is a stats grid and graph of the Kitsilano real estate market in terms of monthly sales, listings, and absorption rates - the rate at which homes sell in an area; the higher the rate, the faster homes are selling). Every month we'll be posting Kits Houses sales statistics and absorption rates here on our blog, so don't forget to check back!
- Analyzes the detached (single-family home) market in Kitsilano, Vancouver, BC
- Overall absorption for detached homes in Kitsilano was 29.55% in April, which represents 3.4 months worth of supply and a seller's market
- There were only 6 more active listings and 8 more sales in April than in March
- The average time a Kitsilano house took to sell, or days on market (DOM), was 25 days in April; 2 days longer than in March
Statistics for attached property in Kitsilano can be found on our sister website KitsCondos.ca. We also create a free monthly Vancouver Real Estate Market Sales Absorption Report - which covers North and West Vancouver, Downtown, and the East and Westside of the city - that is emailed to monthly, subscribe here.