DETACHED - SEPTEMBER 2019 west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
19 % DOWN
-
13 % DOWN
40 % UP
7 %
The number of detached listings in West Vancouver in September (535) were up 3% vs August 2019 but 13% below September 2018. The 35 detached sales in September were down by 6 month-over-month but 10 above this time last year. The sales-to-listings ratio dipped to 7% in September, as conditions continued to favour buyers in West Vancouver’s detached market. September’s benchmark price was $2.52M— unchanged vs August and 9% below September 2018. The average sold price of $3.01M was 5% lower vs last month and 19% below last year.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
BUYER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 518
% Change
No. 613
% Change
TOTAL LISTINGS
535
3%
-13% 40% 60%
TOTAL SALES
35 7%
41 8%
-15% -17%
25 4%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$2,520,100 $2,520,100 0.0% $2,777,500
-9%
$3,010,227 $3,175,146
-5% $3,736,820 -19%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$2.78
$2.74
$2.62
$2.58
$2.55
$2.52
$2.52
2.47
2.41
2.37
613
577
563
554
535
511
482
55
43
35
25
25
22
18
Sep-18
Aug-19
Sep-19
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 © 2019 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 October 3, 2019. All data from RealEstateBoardof 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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