westvancouver CONDO -JUNE 202
SALES TO LISTINGSRATIO 21% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 24% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 41% VS 2021
▲ 69% VS 2021
▲ 17% VS 2021
▲ 5% VS 2021
Therewere96 condolistingsin W estVancouverin June, 7% aboveM ayand 17% higherthan June2021.
Junecondo salesrem ained thesam em onth-over-m onth, at20,and were5% aboveJune2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin W estVancouver, at21% ,reflected abalanced m arket.
TOTALLISTINGS TOTALSALES
20 96
19 82
24% 41% 69% -10% 5% 17%
20 90
0% 7%
Thecondom edian pricein Junewas$1,242,500,a34% increasefrom M ayand 69% aboveJune2021. Theaveragesold pricewas$1,375,500,23% abovelast m onth;theaveragePSF salepricewas$1,073,up 6% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,073 $1,375,500 $1,242,500 21%
$863 $976,868 $735,000 23%
$1,013 $1,114,025 $927,500 22%
6% 23% 34% -6%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2021 ● JUN 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
90
96
82
69
57
67
48
57
51
36
46
18 39
21
21
32
20
20
19
20
19
19
18
14
13
9
$1.28M
$1.25M
$1.25M
$1.24M
$1.17M $1.09M
$1.07M
$1.01M
$985K
$928K
$825K
$755K
$735K
W ESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
30
25
4+ bdrms
1
20
4
3 bdrms
15
14
50%
40%
10
11
25%
22%
2 bdrms
14% 13%
14%
59
5
0
5
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
4 2 50%
10 4 40%
9 2 22%
14 2 14%
15 2 13%
16 4 25%
28 4 14%
22
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