westvancouver DETACHED-JUNE 2021
SALESTO LISTINGSRATIO 13% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 23% VS2020
▲ 33% VS2020
▲ 13% VS2020
▲ 40% VS2020
Therewere467detachedlistingsinWestVancouverin June,0.4%aboveMayand13%higherthanJune2020. Junedetachedhomesalesremainedthesame0 month-over-month,to60,andwere40%aboveJune 2020. Thesales-to-listingratiofordetachedinWestVancouver, at13%,reflectedabalancedmarket.
THISMONTH No. $3,731,740 $3,162,500 13% 60 467
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change 23% 33% 23% 40% 13%
No.
%Change
TOTALLISTINGS TOTALSALES
$3,045,503 $2,371,428 10% 43 412
$3,413,592 $3,125,000 13% 60 465
9% 1.2% -0.4% 0% 0.4%
ThedetachedmedianpriceinJunewas$3,162,500,a 1.2%increasefromMayand33%aboveJune2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$3,731,740,9%abovelast monthandup23%toJune2020.
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
444
467
425
420
465
412
434
373
415
2.59
315
350
310
300
2.12
1.66
1.63
98
79
1.53
74
75
64
54
53
1.36
60
29
43
62
60
49
$3.20M
$3.16M
$3.13M
$3.10M
$2.94M $3.03M
$2.89M
$2.86M
$2.80M
$2.70M
$2.54M
$2.43M
$2.37M
Jun-20
May-21
Jun-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
350
300
250
200
50%
150
38%
100
28%
25%
11%
50
10%
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
3 0 n/a
1 0 n/a
2 1 50%
4 1 25%
8 3 38%
46 13 28%
80 9 11%
323 33 10%
Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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