3123 W 16th Avenue — Vancouver West


$ 3,199,000 FOR SALE MLS# R3161227
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Behind a composed contemporary façade, this 2,852 sq. ft. West Side residence was conceived by Pinnacle Decision Design Associates Ltd. a Vancouver firm known for intelligent, livability-driven design & built by Killarney Group, a family-led builder with over 40 years of experience. Soaring 10-foot ceilings and generous glazing lend the main level remarkable volume, while a chef's kitchen with Wolf and Sub-Zero appliances forms the heart of the home. Above, three bedrooms include a serene primary retreat with walk-in closet. Below, a mudroom, additional bedroom and self-contained two-bedroom legal suite welcome extended family or rental income. Hushed interiors, minutes from UBC & steps from Carnarvon Elementary, the address is surrounded by Vancouver's finest schools.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms6
Bathrooms5
Living Area2,885 sqft
Lot Area4,026 sqft
Property TypeResidential – Single Family Residence
MLS® R3161227
StatusActive
Listing BrokerFaithWilson Christies International Real Estate

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
Mmm 00, 0000 R0000000 $0,000,000 Sold

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Market Overview

Kitsilano · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes254
Median Asking Price $ 1,499,450 $ 3,199,000
Median Price per SqFt $1,114 $1,109
Median Days on Market 60
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 4 ▼91.7% 52 48
Median Selling Price $ 993,750 ▲13.7% $ 1,188,000 $ 874,000
Median Price per SqFt $843 ▼21.1% $1,054 $1,068
Median Days on Market 181518
Median Discount Off Ask 6.3%2.2%2.9%
New Listings 115363
Months of Inventory 5.5

At the current sales pace, it would take about 6 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Kitsilano: Number of Sales

Kitsilano: Median Sold Price

Kitsilano: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Kitsilano. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.