We are talking to business coach, Danny Macedo about the housing market in Vancouver's west side.
The west side of Vancouver is home to some of Vancouver and Canada's most expensive real estate, but it also offers some more affordable properties.
The average detached home price over the last year averaged about 3.5 million dollars, which is up about 10% over the previous year.
The condo market on Vancouver's west side is around $800,000.
Most of the activity in this area is first-time home buyers at up to 1.5 million.
Like many areas across North America, we are experiencing a lack of housing supply on the market with housing inventory down.
There are about 750 single detached houses for sale in Vancouver's west side, which is about a 20% increase from the previous year. 150 of those homes are being sold into land assemblies where blocks of homes on busier streets will become larger buildings due to land rezoning.
If you're intersted in selling your home, please get in touch! 604-657-7936 or andrew@andrewhasman.com
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
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