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This site is your one stop shop for all active listings, sales, & community information in the Kitsilano neighborhood of Vancouver. This site is exclusive to Kitsilano which allows you to focus in on this area without having to weed through all of the properties you are not interested in.

I have been a realtor in Vancouver for the past fifteen years and have proven time after time that my honest and professional approach to real estate sales allows me to best serve the needs of my clients. I was born and raised in Vancouver and I am proud to call Vancouver my home!

Ryan Taylor
Cell: 604.551.0401
Email: ryan@ryantaylor.ca

                      Slow start, strong finish for housing market in 2009

VANCOUVER, B.C. - January 5, 2010 - After beginning the year at near record low sales levels, buyers' confidence in the Greater Vancouver housing market quickly returned, allowing for significant and sustained increases in the number of residential property sales for much of 2009.

The Real Estate Board of Greater Vancouver (REBGV) reports that total unit sales of detached, attached and apartment properties in 2009 reached 35,669, a 44.8 per cent increase from the 24,626 unit sales recorded in 2008, but a 6.3 per cent decline from the 38,050 residential sales in 2007.

The number of homes listed for sale on the Multiple Listing Service® (MLS®) in Greater Vancouver declined 15.5 per cent in 2009 to 52,869 compared to the 62,561 properties listed in 2008. "Low interest rates, an economy emerging from recession and continuing to improve, and consumer confidence led to the resurgence experienced in the Greater Vancouver housing market in 2009," Scott Russell, REBGV president said. "Home sales neared or passed monthly records in Greater Vancouver throughout the latter half of 2009. In fact, last month's home sales rank as the third highest selling December in the 90-year history of our organization."

Residential property sales in Greater Vancouver totalled 2,515 in December 2009, an increase of 172.2 per cent from the 924 sales recorded in December 2008, and an 18.4 per cent decline compared to November 2009 when 3,083 home sales occurred. The residential benchmark price, as calculated by the MLSLink Housing Price Index®, for Greater Vancouver
increased 16.2 per cent to $562,463 between Decembers 2008 and 2009.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 2,153 in December 2009. This represents a 38.9 per cent increase compared to the 1,550 new units listed in December 2008 and a 41.1 per cent decline compared to November 2009 when 3,653 properties were listed.  "The number of homes listed for sale on our MLS® has been in decline in Greater Vancouver for eight of the last nine months, which results in upward pressure on home prices and less selection for buyers to choose from,"
Russell said.

Total active listings in Greater Vancouver currently sit at 8,939, a decrease of 41 per cent from December 2008, and a decrease of 19 per cent from November 2009 (see graph on page two for more detail).

Sales of detached properties in December 2009 increased 159.2 per cent to 902, compared to 348 sales in December 2008. The benchmark price for detached properties increased 18.3 per cent to $766,816 compared to December 2008.

Sales of apartment properties in December 2009 increased 176.7 per cent to 1,154, compared to 417 sales in December 2008. The benchmark price of an apartment property increased 14.8 per cent since December 2008 to $382,573.

Attached property sales in December 2009 increased 188.7 per cent to 459, compared with the 159 sales in December 2008. The benchmark price of an attached unit increased 12.9 per cent between Decembers 2008 and 2009 to $478,093.

statistics from the Real Estate Board of Greater Vancouver.

Kitsilano is bordered to the north by two beaches, Kitsilano Beach and Jericho Beach on the shores of English Bay and extends south to 16th Avenue. It is bordered on the east by Burrard Street and on the west by Alma Street.

In addition to its residential areas and beaches, Kitsilano is home to two distinct commercial strips with shops, restaurants and other services. The first is along West 4th Avenue between Burrard and Balsam Streets, while the other, sometimes known as West Kitsilano, is located along West Broadway between Larch and Blenheim Streets.

DEMOGRAPHICS

As of 2006, Kitsilano was home to 40,595 people, up 2.5% from 2001. 12.6% of the population is under the age of 19; 45.3% is between 20 and 39; 33.1% is between 40 and 64; and 9.1% is 65 or older. 75.0% of Kitsilano residents speak English as a first language, 4.5% speak a Chinese language, and 3.2% speak French as a first language. The median household income is $53,455, and 21.3% of its residents live in low-income homes. The unemployment rate is 4.2%.

KITSILANO CHAMBER OF COMMERCE

KITSILANO COMMUNITY PROFILE

4TH AVE. BUSINESS ASSOCIATION

KITSILANO FILM FESTIVAL

Kitsilano is home to a number of Vancouver's annual festivals and events:

• Every June, "Greek Days" is an annual street festival celebrating Greek culture and food in Greektown along several blocks of Broadway Street.

• The Vancouver Folk Music Festival is held at Jericho Beach Park each summer.

• Vanier Park at Kitsilano Beach is home to the annual Vancouver Children's Festival and "Bard on the Beach", the outdoor Shakespeare festival.