westvancouver CONDO-FEBRUARY 202
SALESTO LISTINGSRATIO 46% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 15% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▼ 3% VS2021
▼ 15% VS2021
▼ 59% VS2021
▲ 20% VS2021
Therewere39condolistingsinWestVancouverin February,8%aboveJanuaryand59%lowerthanFebruary 2021. Februarycondosalesincreasedby38% month-over-month,to18,andwere20%aboveFebruary 2021. Thesales-to-listingratioforcondosinWestVancouver, at46%,reflectedaselers'market. ThecondomedianpriceinFebruarywas$1,011,500,a 23%increasefromJanuaryand15%belowFebruary 2021. Theaveragesoldpricewas$1,309,267,14%belowlast month;theaveragePSFsalepricewas$1,074,down8% tolastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
18 39
15 96
-15% 195% 20% -59%
13 36
-8% -14% 23% 28% 38% 8%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,074 $1,309,267 $1,011,500 46%
$932 $1,347,367 $1,195,000 16%
$1,166 $1,519,300 $825,000 36%
15% -3%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 2021 ● FEB 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
96
89
84
82
81
69
57
48
57
51
36
39
32
28
21
21
32
18
20
20
19
19
19
18
15
13
$1.28M
$1.25M
$1.20M
$1.17M
$1.09M
$1.07M
$1.01M
$985K
$939K
$913K
$825K
$755K
$735K
WESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
14
100%
100%+
12
4+bdrms
83%
10
8
1
3bdrms
9
6
40%
31%
4
15
25%
2bdrms
17%
17
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
1 0 n/a
4 1 25%
6 5 83%
3 3 100%
1 2 200%
5 2 40%
6 1 17%
13 4 31%
13
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