westvancouver CONDO-AUGUST 2021
SALESTO LISTINGSRATIO 33% SELLERS'MARKET
▶ MARKETSUMMARY Therewere57condolistingsinWestVancouverin August,17%belowJulyand61%lowerthanAugust 2020. Augustcondosalesdecreasedby10% month-over-month,to19,andwere73%aboveAugust 2020. Thesales-to-listingratioforcondosinWestVancouver, at33%,reflectedaselers'market. ThecondomedianpriceinAugustwas$1,245,000,a 26%increasefromJulyand38%aboveAugust2020. Theaveragesoldpricewas$1,374,868,4%belowlast month;theaveragePSFsalepricewas$1,068,down 0.1%tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 13% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 25% VS2020
▲ 38% VS2020
▼ 61% VS2020
▲ 73% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 8% 11 145
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
19 57
13% 25% 38% 339% 73% -61%
21 69
-0.1% -4% 26% 10% -10% -17%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,068 $1,374,868 $1,245,000 33%
$1,069 $1,426,538 $985,000 30%
$947 $1,099,264 $900,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2020 ● AUG 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
145
132
145
19
95 96
84 82
93
89
81
69
57
32
28
23
21
21
18
1
19
21
1
19
19
15
$1.35M
$1.25M
$1.25M
$1.20M
$1.05M
$995K
$985K
$950K
$939K
$900K
$900K
$755K
$735K
WESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
12
4+bdrms
10
80%
8
1
3bdrms
6
6
44%
40% 43%
4
16
25%
2bdrms
20%
17%
33
2
0
2
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
3 0 n/a
5 2 40%
7 3 43%
6 1 17%
5 4 80%
10 2 20%
9 4 44%
12 3 25%
18
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