Kitsilano remains one of Vancouver’s most sought-after neighbourhoods, where ocean breezes meet urban vibe, and homes range from sleek condos to charming duplexes and luxury houses. As we hit mid-2025, let’s break down what the numbers say for buyers, sellers, and those just curious about this beachside hotspot.
Market Overview by Property Type
🏡 Houses
- Sales YTD: 22
- Median List Price: $2,845,000
- Median Sale Price: $2,929,000
- Average Sale Price: $3,052,000
- Price Range: $1,930,000 – $5,000,000
- Median Days on Market: 15
- Average Days on Market: 45
- Active Listings: 53
Houses in Kitsilano continue to attract keen buyers, with strong median prices and a brisk median market time of just 15 days. Though some properties take a bit longer (up to 220 days), the market remains fairly balanced — sellers still hold some cards, but buyers can negotiate with patience.
🏢 Condos
- Sales YTD: 127
- Median List Price: $799,999
- Median Sale Price: $805,000
- Average Sale Price: $870,000
- Price Range: $510,000 – $2,059,000
- Median Days on Market: 10
- Average Days on Market: 22
- Active Listings: 86
The condo market is buzzing with activity. With over 120 sales already this year, and a median market time of just 10 days, condos are clearly hot property — perfect for entry-level buyers or investors looking for solid returns in a vibrant neighbourhood.
🏘 Townhouses
- Sales YTD: 44
- Median List Price: $1,349,500
- Median Sale Price: $1,344,000
- Average Sale Price: $1,360,477
- Price Range: $721,000 – $2,218,000
- Median Days on Market: 8
- Average Days on Market: 24
- Active Listings: 35
Townhouses blend the space of houses with the convenience of condos, and Kitsilano buyers clearly appreciate that — evidenced by a strong median sale price and quick sales. With only 35 active listings, supply is moderate, keeping the market competitive.
🏠 Duplexes
- Sales YTD: 24
- Median List Price: $2,386,950
- Median Sale Price: $2,240,000
- Average Sale Price: $2,379,829
- Price Range: $1,600,000 – $3,399,900
- Median Days on Market: 13
- Average Days on Market: 23
- Active Listings: 30
Duplexes hold steady appeal for buyers seeking more space or rental income potential. The median days on market is quick at 13 days, with a balanced number of listings offering some choice but not overwhelming supply.
Current Market Conditions & What’s Next?
With active listings totaling just over 200 across all property types in Kitsilano, the market has a healthy mix of supply and demand. Here’s what we’re watching in the coming months:
- Interest Rates: After a period of hikes, the Bank of Canada seems to be hitting the pause button. This stabilization gives buyers breathing room, but affordability remains a challenge for many, especially in the higher-priced housing market.
- Sales Velocity: Condos and townhouses are moving fastest, often under two weeks. Houses and duplexes are selling well but with slightly longer average days on market, signaling a more nuanced negotiation landscape.
- Economic Outlook: Vancouver’s economy remains resilient, buoyed by tech growth and strong immigration. However, global uncertainties and inflation pressures could temper price growth.
- Buyer Behaviour: Increased remote work and lifestyle shifts continue to influence preferences, with many buyers prioritizing space and proximity to nature—Kitsilano ticks those boxes nicely.
Forecast: Steady Waters Ahead
The Kitsilano market in 2025 looks set for balance rather than boom or bust. Prices should hold firm, with moderate appreciation possible, especially in condos and townhouses. Buyers will find opportunities but need to act decisively, while sellers should price smart and be ready for negotiations.
In short, Kitsilano remains a prime slice of Vancouver real estate heaven—beautiful, balanced, and bustling just enough to keep things interesting.
If you’re thinking of buying or selling in Kitsilano, staying informed is your best move. And of course, having a trusted real estate pro (like me 😉) in your corner never hurts.
You might also like:
Navigating Vancouver’s Luxury Real Estate Market Insights From the Past Year
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About the Author:
Kitsilano Real Estate Market Update – June 2025: Houses, Condos, Townhouses & Duplexes — What You Need to Know was provided by Regan Pyke, a Vancouver Realtor and a leader in the field of sales, marketing, and real estate investing. Regan can be reached via email at [email protected] or by phone at 778-228-2448.
