Kitsilano is Vancouver’s hottest property market, million-dollar homes selling above listing prices

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      The Kitsilano property market is sizzling.

      Home sales in the trendy west side neighbourhood of Vancouver have been leading transactions in the city over the last two weeks.

      More than a fifth of sales in Vancouver were accounted for by Kitsilano from June 22 to July 7 this year, based on tracking by

      Of the 83 homes sold in the city, 19 were in Kitsilano.

      Eleven of the 19 properties sold in Kitsilano were worth at least a million dollars each, and a number of these went above their listing price.

      A half of a duplex home at 3236 7th Avenue sold after only one day on the market.

      The three-bedroom, three-bath home was listed by Re/Max Select Properties on June 22 for $1,638,000.

      The property changed owners for $1,703,000 on the next day.

      A penthouse in the First On First condo development at 1808 1st Avenue was listed on June 15 by Westside Tom Gradecak Realty for $2,250,000.

      Unit 602 sold for $2,625,000 on June 24 after nine days on the market on June 24.

      The 1,540-square-foot penthouse suite has a private outdoor terrace of over 700 square feet, two bedrooms, and a den.

      Also sold after nine days on the market was a four-flex home at 2394 6th Avenue.

      The eight-bedroom, five-washroom property with rental income was listed by Re/Max Crest Realty on June 15 for $2,799,000.

      The 5,039-square-foot home sold on June 24 for $3,128,000.

      Based on's listing of transactions, the most expensive home sold in Kitsilano over the last two weeks was half of a duplex at 3175 Point Grey Road.

      The home listed by Dexter Realty sold for $5,550,000 on June 27.

      Its listing price on May 25 was $6,395,000. A November 28, 2018 listing by Virani Real Estate Advisors had a $9,988,900 price.