DETACHED JANUARY vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
BALANCED 16 %
24 % DOWN
7 % UP
7 % UP
94 % UP
The 427 detached listings in Vancouver West in January were 1.2% above December but 24% below January 2020. January’s detached sales (at 68) were 20% lower month-over-month but 94% above year-over-year. The sales-to-listings ratio in January fell to 16% as Vancouver West’s detached segment remained in balanced market territory. At $3.17M, the benchmark price for detached homes was 0.3% above December and 7% higher vs January 2020. The average sold price of $3.72M was 1.1% higher month-over-month and 7% higher year-over-year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 422
% Change
No. 560
% Change
TOTAL LISTINGS
427
1.2% -20% -21%
-24% 94% 155%
TOTAL SALES
68
85
35 6%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
16%
20%
$3,172,600 $3,161,700 0.3% $2,970,900 $3,718,281 $3,678,824 1.1% $3,476,124
7% 7%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
2.78
2.77
MILLIONS
2.59
$3.17
$3.12
$3.08
$3.05
$3.04
$2.98
$2.97
1.50
1.50
1.48
625
579
565
560
513
482
427
106
103
96
77
68
52
35
Jan-20
Dec-20
Jan-21
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD QD QD
S-L RATIO SALES INVENTORY
Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of February 3, 2021. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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