vancouver west ½-DUPLEX - FEBRUARY 2 0 2 5
SALES TO LISTINGS RATIO 7% BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 4% VS 2024
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 14% VS 2024
▲ 8% VS 2024
▲ 120% VS 2024
▼ 57% VS 2024
There were 88 ½-duplex listings in Vancouver West in February, 14% above January and 120% higher than February 2024. February ½-duplex sales decreased by 45% month-over-month, to 6, and were 57% below February 2024. The sales-to-listing ratio for ½-duplexes in Vancouver West, at 7%, re'ected a buyers' market. The ½-duplex median price in February was $2,686,000, a 22% increase from January and 8% above February 2024. The average sold price was $2,872,130, 26% above last month; the average PSF sale price was $1,407, up 15% to last month.
THIS MONTH No. $1,407 $2,872,130 $2,686,000 7% 6 88
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
14 40
-81% -57% 120%
11 77
15% 26% 22% -52% -45% 14%
$1,461 $2,516,893 $2,498,500 35%
$1,223 $2,270,909 $2,200,000 14%
-4% 14% 8%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● FEB 2024 ● FEB 2025
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
90
88
86
94
82
88
92
68
80
77
69
40
44
17
16
15
12
11
14
14
12
6
11
11
9
10
$2.78M
$2.69M
$2.50M $2.41M $2.35M
$2.40M
$2.36M
$2.23M $2.20M
$2.15M $2.01M
$2.02M
$1.95M
VANCOUVER WEST
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
1
25
4+ bdrms
38
20
4
3 bdrms
15
48
10
1
20%
2 bdrms
2
12%
5
4%
0
<2 bdrms
<$1M $1.0M-1.24M $1.25M-1.49M $1.5M-1.74M $1.75M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M+
S-L RATIO SALES INVENTORY
1 0 n/a
4 0 n/a
6 0 n/a
14 0 n/a
27 1 4%
26 3 12%
10 2 20%
Copyright © 2025 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 March 10, 2025. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 53 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online