CONDO JUNE west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
26 % UP
0.1 % UP
5 % DOWN
14 % DOWN
113 % UP
BALANCED 14 %
The number of condo listings in West Vancouver increased 8% between May and June, to 118, and were 14% lower vs June 2019. The 17 condo sales in June were 5 higher than last month and 9 above last year. The sales-to-listings ratio increased to 14% in June, as West Vancouver’s condo market remained a bal- anced market. The condo benchmark price was $981,900 in June, 2% belowMay and 5% lower year-over-year. The average sold price was $1.86M (up 68% vs May) and the average PSF sales price was $1,053 (a 12% increase fromMay).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 109
% Change
No. 138
% Change
TOTAL LISTINGS
118
8%
-14% 113% 149% -5% 26% 0.1%
TOTAL SALES
17
12
42% 31%
8
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
14%
11%
6%
$981,900 $1,006,000 $1,860,382 $1,104,292
-2% $1,034,500 68% $1,477,625 12% $1,052
$1,053
$939
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.06
$1.05
$1.03
$1.01
$1.01
$1.00
$0.98
138
132
125
118
112
106
91
17
12
9
8
8
7
6
WEST VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
3
3+ bdrms
BUYER'S MARKET
14
9
2 bdrms
73
5
<2 bdrms
. . . . 0 0 0 0 QD
31
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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