DETACHED AUGUST west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
21 % UP
-
13 % DOWN
20 % UP
11 %
The number of detached listings in West Vancouver in August (at 455) were 3% above July but 13% below August 2019. The 49 detached sales in August were down by 9% month-over-month but up by 20% year-over-year. The sales-to-listings ratio decreased to 11% in August, as conditions reflected buyer’s market conditions. August’s benchmark price was $2.67M—0.4% above July and 6% higher than in August 2019. The average sold price of $3.86M was 41% above last month and 21% above last year.
VS
VS
VS
VS
VS
BUYER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 443
% Change
No. 526
% Change
TOTAL LISTINGS
455
3%
-13% 20% 38%
TOTAL SALES
49
54
-9%
41 8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
11%
12%
-12%
$2,671,600 $2,661,000 0.4% $2,520,100
6%
$3,856,577 $2,731,838
41% $3,175,146
21%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
2.67
2.67
$2.67
2.37
$2.59
$2.59
$2.57
$2.55
$2.52
$2.52
528
526
455
434
409
386
355
49
47
44
43
41
28
21
Aug-19
Jul-20
Aug-20
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
S-L RATIO SALES INVENTORY
Copyright © 2020 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 September 3, 2020. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
44
Made with FlippingBook - professional solution for displaying marketing and sales documents online