DETACHED - DECEMBER 2020 west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 8 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
5 % DOWN
-
19 % DOWN
89 % UP
BALANCED 18 %
The number of detached listings in West Vancouver in December (at 288) were 27% below November and 19% below December 2019. The 53 detached sales in December were down by 15% month-over-month but up by 89% year-over-year. The sales-to-listings ratio increased to 18% in December, as conditions reflected balanced market conditions. December’s benchmark price was $2.79M—1.9% above November and 8% higher than in December 2019. The average sold price of $3.17M was 2% below last month and 5% lower vs last year.
VS 2019
VS 2019
VS 2019
VS 2019
VS 2019
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 394
% Change
No. 356
% Change
TOTAL LISTINGS
288
-27% -15% 17%
-19% 89% 134%
TOTAL SALES
53
62
28 8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
18%
16%
$2,793,400 $2,741,500 1.9% $2,593,200
8%
$3,177,398 $3,257,293
-2% $3,332,323
-5%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
(MILLIONS)
2.57
2.55
2.51
$2.79
$2.74
$2.67
$2.59
$2.59
$2.57
$2.55
466
454
435
410
387
356
288
74
53
49
44
43
28
21
Dec-19
Nov-20
Dec-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
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 January 6, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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