westvancouver CONDO-OCTOBER 2021
SALESTO LISTINGSRATIO 41% SELLERS'MARKET
▶ MARKETSUMMARY Therewere51condolistingsinWestVancouverin October,11%belowSeptemberand61%lowerthan October2020. Octobercondosalesincreasedby5%month-over-month, to21,andwere9%belowOctober2020.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 7% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 22% VS2020
▼ 13% VS2020
▼ 61% VS2020
▼ 9% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
Thesales-to-listingratioforcondosinWestVancouver, at41%,reflectedaselers'market.
TOTALLISTINGS TOTALSALES
21 51
$1,048 $1,376,122 $1,250,000 17% 23 132
-13% 136% -9% -61%
20 57
7% 32% -7% 17% 5% -11%
ThecondomedianpriceinOctoberwas$1,089,000,a7% decreasefromSeptemberand13%belowOctober2020. Theaveragesoldpricewas$1,678,690,32%abovelast month;theaveragePSFsalepricewas$1,117,up7%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,117 $1,678,690 $1,089,000 41%
$1,042 $1,267,550 $1,167,500 35%
7% 22%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2020 ● OCT 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
132
19
95 96
84 82
93
89
81
57
69
51
57
32
28
21
18
23
21
1
20
20
19
19
19
15
$1.25M
$1.25M
$1.20M
$1.17M
$1.09M
$1.05M
$995K
$985K
$950K
$939K
$913K
$755K
$735K
WESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
12
100%+
4+bdrms
10
75%
8
3bdrms
7
6
40%
40%
4
18
25%
2bdrms
17%
26
2
13%
0
3
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
1 0 n/a
5 2 40%
8 2 25%
4 3 75%
3 7 233%
8 1 13%
12 2 17%
10 4 40%
18
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