westvancouver CONDO -SEPTEMBER 202
SALES TO LISTINGSRATIO 10% BUYERS'M ARKET
▶ MARKETSUMMARY Therewere99 condolistingsin W estVancouverin Septem ber,13% aboveAugustand 74% higherthan Septem ber2021. Septem bercondosalesdecreased by52% m onth-over-m onth,to10,and were50% below Septem ber2021. Thesales-to-listing ratio forcondosin W estVancouver, at10% ,reflected abuyers'm arket. Thecondom edian pricein Septem berwas$947,500,a 32% decreasefrom Augustand 19% below Septem ber 2021. Theaveragesold pricewas$1,112,900,46% below last m onth;theaveragePSF salepricewas$1,047,down 22% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 0.4% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 12% VS 2021
▼ 19% VS 2021
▲ 74% VS 2021
▼ 50% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
10 99
20 57
0.4% -12% -19% -71% -50% 74%
21 88
-22% -46% -32% -58% -52% 13%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,047 $1,112,900 $947,500 10%
$1,042 $1,267,550 $1,167,500 35%
$1,340 $2,055,733 $1,400,000 24%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2021 ● SEP 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
99
89
95 96
88
67
57
48
51
36
46
18 39
21
21
20 20
32
20
9
19
18
10
14
13
13
$1.40M
$1.28M
$1.25M
$1.24M $1.17M
$1.17M $1.09M
$1.07M
$1.01M
$948K
$928K
$825K
$755K
W ESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
30
4+ bdrms
25
20
57%
3 bdrms
15
13
10
6
25%
2 bdrms
17%
67
5
9%
3%
0
4
<$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 1 25%
7 4 57%
12 0 n/a
11 1 9%
18 0 n/a
18 3 17%
3%
19
29 1
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