Ateesh Chand - Kitsilano Condos - Dec 2018

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

Ateesh@Kits-Condos.com

604.833.7228

Mark@Kits-Condos.com

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

Market Snapshot

27%

Decrease in average sales price over this time last year

Last 30 days

$748,000 - $1,150,000

Kitsilano no Condos

L I S T P RICE RAN G E

Presented by AT E E S H and M A R K

$750,000 - $1,165,000

Your Kitsilano Condos Listing Specialists

S OLD PRICE RAN G E

DECEMBER 2018

$732 - $1,034

P RI C E PE R SQUARE FOOT RANG E

99% 15

AVE RAG E SOLD PRICE / LIST PRICE RATIO

AVE RAG E DAY S O N M ARKE T

H o m eo w n er, Call us TODAY a t 604.81 8 . 9 9 1 9 o r 604.8 3 3 . 7 2 2 8 to learn ho w th i s d a ta directly i mpa cts th e value of yo u r h o me !

Data based on listings from REBGV from November 1st to November 30th, 2017 and 2018. Information deemed accurate but not guaranteed.

IN THIS ISSUE Coffee Conversation | Happy Holidays | Current Market Activity | Market Snapshot

Visit Us Online for Listings, Real Estate News, Service Offerings, and More

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 “Ateesh Chand is a pro in what he does. He has spent many extra hours and gone out of his way in search of a property for me.

I highly recommend him. Thank You, Ateesh!”

- MORGAN F.

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 most committed and passionate broker I have met. He is really trying to understand our long term needs instead of pushing for the available objects on the market. Totally recommend him if you are looking for a property in Vancouver.”

- LINDA B.

Please Join Us For

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.

Wishing You Ha y Holidays!

Homeowner, As your Kitsilano Condos real estate experts, we take pride in representing our community and protecting its home values.

We look forward to another year as your trusted local resource for any of your real estate needs!

– Ateesh Chand & Mark Van

Homeowner, When it comes to selling your condo, there is no one-size-fits-all. Whether you’re in the first stages of discovery or you’re ready to put your condo on the market today, give us a call at 604.818.9919 or 604.833.7228.

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

BUILDING

BEDS

BATHS

EST. SQ. FT.

LIST PRICE

PRICE/ SQ. FT.

YEAR BUILT

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

2020 The Ansonia Arbutus Outlook Arbutus West Terrace The Beach House Condos Bel Air Carmel Place Cypress West Cypress West Davenport Lane First On 1st Killarney Manor Kore La Vista The Maguire The Ocean'S Door Pinnacle Living 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 Solo The Sydney Tapestry At Arbutus Walk Tenali Tropez The Vine Vine Gardens York Ave

1 1 2 2 2 2 2 2 2 2 1 2 2 2 2 2 2 1 2 2 1 2 2 2 3 2 2 1 2 1 1 2 2 2 2 2

1 1 1 2 2 2 2 1 1 2 1 2 2 2 2 2 2 1 2 2 1 2 2 3 3 2 2 1 2 1 1 2 2 2 2 2

768 602 808 1,087 1,074 982 1,026 730 807 896 770 1,364 999 884 1,084 957 1,095 632 1,088 1,050 815 968 1,152 1,721 1,786 873 865 716 1,045 790 651 994 1,074 836 746 958

$788,000 $799,000 $759,900 $799,000 $899,000 $989,000 $998,000 $768,000 $799,900 $799,900 $838,000 $1,499,000 $949,999 $1,138,000 $1,078,000 $799,000 $1,360,000 $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 $1,168,000 $799,888 $1,128,800 $810,000 $778,000 $1,098,000 $1,349,000 $798,000 $785,000 $1,200,000

$1,026 $1,327 $940 $735 $837 $1,007 $973 $1,052 $991 $893 $1,088 $1,099 $951 $1,287 $994 $835 $1,242 $1,222 $1,057 $1,150 $1,466 $1,600 $1,605 $1,674 $1,674 $1,109 $1,350 $1,117 $1,080 $1,025 $1,195 $1,105 $1,256 $955 $1,052 $1,253

2010 1998 2003 1995 1975 2005 1993 1977 1978 1996 2009 1956 2010 2015 2007 1974 2012 2012 2012 2012 2019 2019 2019 2019 2019 2009 2009 1998 1998 2003 2003 2004 2002 2008 1991 2013

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

Sold Sold Sold Sold Sold

BUILDING

BEDS

BATHS

EST. SQ. FT.

SOLD PRICE

SOLD PRICE LIST PRICE %

SOLD PRICE PER SQ. FT.

YEAR BUILT

DAYS ON MARKET

The Duo Maplewood Place Trafalgar Mews Trafalgar Mews Windgate Beachside

3 2 2 2 2

2 1 2 2 2

1,006 886 871 993 1,127

$975,000 $804,000 $750,000 $758,000 $1,165,000

98% 101% 95% 101% 101%

$969 $907 $861 $763 $1034

1998 1977 1995 1995 1987

4 14 61 12 3

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. © 2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REBGV between November 4th, 2018 and December 4th, 2018. 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.