Kitsilano Condo Market Update August 2012
Below are the latest statistics for the Kitsilano condo market. Kitsilano detached single family house stats can be found on our sister website KitsHouses.ca. For a detailed Vancouver real estate sales absorption report email us or subscribe, free of charge, to our mailing list.
- Statistics cover attached Kitsilano property only, which include apartments, condos, townhomes and multi-family units such as duplexes and triplexes
- August 2012 Kitsilano condo sales absorption was 11.18%, which represents 8.9 months of supply (buyer's market)
- The month of August saw 304 listings and 34 sales; a decrease of 24 and 21, respectively
- Average sales price was $630,913, an increase of $69,495 (12.38%) from July's average
- Average DOM for August was 40 days; properties sold 2 days faster than in July