DETACHED JANUARY west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 13 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
22 % UP
-
18 % DOWN
38 % UP
9 %
The number of detached listings in West Vancouver in January (at 340) were 10% above December but 18% below January 2020. The 29 detached sales in January were down by 45% month-over-month but up by 38% year-over-year. The sales-to-listings ratio decreased to 9% in January, as West Vancouver’s detached segment transitioned to buyer’s market territory. January’s benchmark price was $2.91M—4% above December and 13% higher than in January 2020. The average sold price of $3.98M was 25% above last month and 22% higher vs last year.
VS
VS
VS
VS
VS
BALANCED
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 308
% Change
No. 417
% Change
TOTAL LISTINGS
340
10% -45% -50%
-18% 38% 69% 13% 22%
TOTAL SALES
29 9%
53
21 5%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
17%
$2,906,700 $2,793,400 $3,983,545 $3,177,398
4% $2,565,600 25% $3,259,016
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
2.71
2.57
2.55
$2.91
$2.74
$2.69
$2.66
$2.62
$2.57
$2.55
459
449
417
412
403
395
340
64
62
54
41
30
29
21
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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