Ateesh Chand-Mark Van-Kits Condos-January 2019

Real Estate Market Report

AT E E S H C H A N D

M A R K VA N

REALTOR®, PREC, MCNE

REALTOR®, MCNE

604.818.9919

KITSILANO CONDOS

604.833.7228

Ateesh@Kits-Condos.com

Mark@Kits-Condos.com

WWW.K I T S - CO N D O S.CO M #2 - 1012 Beach Avenue Vancouver, BC V6E 1T8

2018 YEAR-END REVIEW

CALL ANYTIME FOR A FREE CONFIDENTIAL ASSESSMENT OF YOUR HOME’S VALUE!

KITSILANO CONDOS REAL ESTATE REVIEW

SOLD PRICE

LOW

+8.2% from 2017

HIGH

PRICE PER SQ. FT.

LOW

+5.7% from 2017

HIGH

$360,000 $791,411

AVERAGE

$3,590,000 $566

AVERAGE

$985 $1,985

Presented by AT E E S H and M A R K Your Kitsilano Condos Listing Specialists

338

18

100.4%

TOTAL SALES

AVERAGE DAYS ON MARKET

AVERAGE SP/LP

103 Fewer

1 Day Longer

-2.5%

than 2017

than 2017

from 2017

J A N U A RY 2 0 1 9 IN THIS ISSUE Coffee Conversation | Real Estate Goals | Current Market Activity | 2018 Year-End Review

Visit Us Online for Listings, Real Estate News, Service Offerings, and More Homeowner, This statistical analysis represents the average comparisons of 2018 over 2017 for Kitsilano Condos. For an in-depth analysis of your home’s value, call us today at 604.818.9919 or 604.833.7228 for a complimentary evaluation.

Data based on listings from REBGV from January 1st to December 31st, 2017 and 2018. Information deemed accurate but not guaranteed.

www.Kits-Condos.com Prepared Especially for

Homeowner

K I T S I L A N O CO N D O S M A R K E T ACT I V I TY “Extremely friendly and really helpful. Awesome negotiation skills, we ended up getting the place for the price we had in mind.

Very organized and efficient.”

- BERYL M.

AT E E S H C H A N D

M A R K VA N

REALTOR®, PREC, MCNE

REALTOR®, MCNE

604.818.9919

Ateesh@Kits-Condos.com

604.833.7228

Mark@Kits-Condos.com

WWW.K I T S - CO N D O S.CO M

“Mark is the guy you want in your corner when selling your house! He’s committed, energetic, hard working with a great sense of humour. He’s got your back. Thank you Mark!”

- SHERI E.

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COFFEE CONVERSATIONS Where: Trees Organic - 2655 Arbutus Street, Vancouver When: Visit our online calendar for our next event

w w w.Kits-Condos.com/calendar Allow us to buy you a cup of coffee and share trends in the current Kitsilano market, discover investment opportunities, and be your resource for all things real estate.

WHAT ARE YOUR 2019 REAL ESTATE GOALS?

H O M E S R E C E N T LY L I S T E D STATUS Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active

BUILDING 2020 1977 Stephens 2287 West 3rd 2458 York Avenue 3250 West 4th Avenue Alameda Park The Ansonia Arbutus Outlook Arbutus Place Arbutus West Terrace Arbutus West Terrace The Beach House The Beach House Black Swan the Capers Building Collingwood Place Cypress West Cypress West Duo In Arbutus Walk Kitsilano Terrace Kitswest La Mirada La Vista The Lookout The Malibu Maple Park West Maplewood Place New Yorker The Ocean's Door The Ocean's Door Pinnacle Living On Broadway Pinnacle Living On Broadway Pinnacle Living On Broadway Pinnacle Living On Broadway Pinnacle Living On Broadway Point + Kits Living Point + Kits Living Point + Kits Living Point + Kits Living Point + Kits Living Pulse Pulse Solo Star Of Kitsilano Sydney Tapestry At Arbutus Walk Tapestry At Arbutus Walk Tapestry At Arbutus Walk Tenali Tropez Villa Pacifica West 10th & Maple West 10th & Maple The Westerly Windgate Beachside Zydeco Zydeco

BEDS 1 1 1 1 1 2 1 2 1 1 2 1 2 1 0 1 2 2 1 1 0 1 2 1 1 1 1 2 1 2 2 1 1 2 2 1 2 2 2 3 2 2 1 0 1 1 1 2 2 2 1 1 1 1 1 1 1

BATHS 1 1 1 1 1 1 1 1 1 1 2 1 2 1 1 1 1 1 1 1 1 1 2 1 1 1 1 2 1 2 2 1 1 2 2 1 2 2 3 3 2 2 1 1 1 1 1 2 2 2 1 1 1 1 1 1 1

EST. SQ. FT. 768 637 610 552 588 706 602 808 683 818 1,112 779 1,074 672 498 611 730 807 719 663 435 688 884 703 547 620 764 887 640 957 1,095 619 632 1,088 1,050 815 968 1,152 1,721 1,786 873 865 708 542 799 612 651 1,252 994 1,074 807 558 679 515 661 689 689

LIST PRICE $775,000 $549,000 $599,999 $619,000 $599,000 $695,000 $799,000 $759,900 $699,000 $599,000 $818,000 $668,800 $899,000 $638,000 $498,000 $568,000 $758,000 $799,900 $729,900 $749,000 $499,900 $639,000 $1,097,800 $749,000 $489,000 $525,000 $649,900 $959,900 $529,900 $795,000 $1,360,000 $749,000 $772,000 $1,150,000 $1,208,000 $1,195,000 $1,549,000 $1,849,000 $2,880,888 $2,988,888 $968,000 $1,129,000 $699,900 $469,000 $682,000 $639,800 $709,000 $1,328,000 $1,098,000 $1,349,000 $725,000 $739,000 $828,000 $608,000 $675,000 $615,000 $699,000

PRICE/ SQ. FT. $1,009 $862 $984 $1,121 $1,019 $984 $1,327 $940 $1,023 $732 $736 $859 $837 $949 $1,000 $930 $1,038 $991 $1,015 $1,130 $1,149 $929 $1,242 $1,065 $894 $847 $851 $1,082 $828 $831 $1,242 $1,210 $1,222 $1,057 $1,150 $1,466 $1,600 $1,605 $1,674 $1,674 $1,109 $1,305 $989 $865 $854 $1,045 $1,089 $1,061 $1,105 $1,256 $898 $1,324 $1,219 $1,181 $1,021 $893 $1,015

YEAR BUILT 2010 1982 1986 1979 1984 1997 1998 2003 1975 1995 1995 1975 1975 2008 1994 1989 1977 1978 1998 1976 2014 1987 2015 1986 1980 1989 1975 2001 1973 1974 2012 2012 2012 2012 2012 2019 2019 2019 2019 2019 2009 2009 1998 1996 2003 2003 2003 2003 2004 2002 1982 2017 2018 2014 1986 2001 2001

H O M E S S O L D I N T H E L A S T 30 DAY S CONDO IMPROVEMENT

BUYING YOUR DREAM

SELLING YOUR HOUSE

Let us show you what

If you’re trying to find

Thinking of selling?

fixes add the most

your next dream condo or

We have the Kitsilano

value to your condo and

investment property,

knowledge, marketing, and

provide local resources to

let me show you what’s

negotiation skills to maximize

get the job done easily.

available to fit your needs.

your condo sale price.

STATUS Sold Sold Sold Sold Sold Sold Sold Sold

BUILDING Carmel Place The Carnegie Crestview Cypress West La Vista The Maguire New Yorker Solo

BEDS 2 1 1 1 1 2 1 2

BATHS 2 1 1 1 1 2 1 2

EST. SQ. FT. 1,026 675 686 720 602 1,084 686 1,044

SOLD PRICE $914,000 $560,000 $474,000 $511,000 $615,000 $988,000 $630,000 $957,500

SOLD PRICE LIST PRICE % 92% 96% 95% 103% 95% 92% 94% 96%

SOLD PRICE PER SQ. FT. $891 $830 $691 $710 $1022 $911 $918 $917

YEAR BUILT 1993 1998 1973 1977 2014 2007 2001 1998

DAYS ON MARKET 90 72 60 7 22 62 46 8

Ateesh Chand, Mark Van, and RE/MAX Crest Realty are not in any way affiliated with Kitsilano Condos Owners Association, nor is this in any way an official advertisement or publication of Kitsilano Condos. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REBGV between December 9th, 2018 and January 9th, 2019. Listings and sales may not be those of RE/MAX Crest Realty. The REBGV does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.