west vancouver DETACHED - NOVEMBER 2 0 2 4
SALES TO LISTINGS RATIO 7% BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 3% VS 2023
▲ 13% VS 2023
▲ 6% VS 2023
▼ 3% VS 2023
There were 467 detached listings in West Vancouver in November, 11% below October and 6% higher than November 2023. November detached home sales increased by 7% month-over-month, to 32, and were 3% below November 2023. The sales-to-listing ratio for detached in West Vancouver, at 7%, reflected a buyers' market. The detached median price in November was $3,350,000, a 18% increase from October and 13% above November 2023. The average sold price was $3,808,313, 16% above last month and up 3% to November 2023.
THIS MONTH No. $3,808,313 $3,350,000 7% 32 467
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$3,709,342 $2,977,777 7% 33 442
3% 13% -8% -3% 6%
$3,274,340 $2,847,500 6% 30 524
16% 18% 20% 7% -11%
▶ RATIO OF MEDIAN PRICES
▶ RECENT TRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
506
539
536
524
521
451
442
507
467
3.33
375
391
367
347
2.74
39
41
41
37
37
35
32
30
28
22
15
33
32
1.511.51
$3.62M
$3.35M
$3.00M $3.10M $2.94M $3.18M
$2.98M $3.03M
$2.90M $2.80M $2.55M
0.85
$2.85M
$2.80M
0.61
23-Nov
24-Oct
24-Nov
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY ● S-L RATIO
100
80
60
40
25%
18%
13%
20
8%
5%
5%
5%
0
<$2M $2.0M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M $6.0M-6.99M $7.0M-7.99M $8.0M-8.99M $9.0M-9.99M $10.0M+ S-L RATIO SALES INVENTORY 12 3 25% 96 12 13% 109 5 5% 85 4 5% 56 3 5% 25 2 8% 17 3 18% 8 0 n/a 15 0 n/a 44 0 n/a
Copyright © 2024 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 December 9, 2024. 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. 56 ●
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