DETACHED JUNE west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 1.2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
1.8 % DOWN
-
28 % DOWN
34 % UP
10 %
The number of detached listings in West Vancouver in June (at 419) were 9% above May but 28% below June 2019. The 43 detached sales in June were up by 13 month- over-month and 11 above this time last year. The sales-to-listings ratio increased to 10% in June, as conditions continued to favour buyers in West Vancouver’s detached market. June’s benchmark price was $2.59M—1% below May but 1.2% higher than in June 2019. The average sold price of $3.05Mwas 16% above last month but 1.8% below last year.
VS
VS
VS
VS
VS
BUYER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 385
% Change
No. 580
% Change
TOTAL LISTINGS
419
9%
-28% 34% 86%
TOTAL SALES
43
30 8%
43% 32%
32 6%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
10%
$2,594,200 $2,620,700 -1.0% $2,564,600 1.2%
$3,045,549 $2,631,347
16% $3,101,463 -1.8%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
2.64
2.61
2.48
$2.59
$2.59
$2.57
$2.56
$2.55
$2.52
$2.52
580
528
526
419
409
386
354
47
44
43
41
32
28
21
Jun-19
May-20
Jun-20
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 © 2020 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 July 3, 2020. All data from Real Estate Board of 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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