Kitsilano, Vancouver Market Report – February 2021

Kitsilano, affectionately known as "Kits," is one of Vancouver's most beloved westside neighbourhoods, celebrated for its beach culture, heritage homes, and vibrant community spirit. Stretching along the north shore of the Burrard Peninsula, Kitsilano is anchored by the iconic Kitsilano Beach and the outdoor Kits Pool, which draw residents and visitors throughout the summer months. The neighbourhood's real estate landscape encompasses a charming mix of character houses, heritage converted homes, half-duplexes, and low- to mid-rise condominiums along Broadway and 4th Avenue. Kitsilano's tree-lined streets are dotted with independent cafés, yoga studios, organic grocers, and boutique shops that reflect the community's active, health-conscious lifestyle. With excellent access to UBC, downtown Vancouver, and the future Broadway Subway extension, Kitsilano remains one of the most desirable and consistently high-value communities in Metro Vancouver.

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72
Units Sold
$1,284,053
Avg Sold Price
30d
Avg Days on Market
Seller's Market
Market Condition
349 active at start of month 92 new listings Absorption rate: 20.6% Highest sold: $3,398,800 Lowest sold: $449,000

How Does February 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2021 (this report) 72 $1,284,053 30d
January 2021 month prior 49 +46.9% $1,278,804 +0.4% 20d +50%
February 2020 year ago 1 +7100% $2,598,750 -50.6%

3-Year Price Trend — Kitsilano, Vancouver

The Kitsilano, Vancouver real estate market was a Seller's Market in February 2021, with 349 active listings at the start of the month, 72 properties sold, an average sold price of $1,284,053, properties averaging 30 days on market, an absorption rate of 20.6%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Kitsilano, Vancouver specialist
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Frequently Asked Questions — Kitsilano, Vancouver February 2021

In February 2021, the Kitsilano, Vancouver real estate market is classified as a Seller's Market with an absorption rate of 20.6%. It is currently a seller's market in Kitsilano, Vancouver. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/04/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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