The Kitsilano, Vancouver multi-family market is balanced, giving both buyers and sellers reasonable negotiating power. In the past 30 days, 5 multi-family properties sold across Kitsilano, Vancouver at an average sold price of $2,780,000. Multi-family properties are selling in an average of 16 days on the market. The absorption rate is 14.7% — meaning 14.7% of active multi-family inventory sells each month. Average multi-family prices in Kitsilano, Vancouver are up 21.1% compared to the 90-day average of $2,295,567.
