westvancouver CONDO-JUNE 2021
SALESTO LISTINGSRATIO 23% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 17% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▼ 47% VS2020
▼ 36% VS2020
▼ 31% VS2020
▲ 12% VS2020
Therewere83condolistingsinWestVancouverinJune, 2%belowMayand31%lowerthanJune2020.
Junecondosalesdecreasedby10%month-over-month, to19,andwere12%aboveJune2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
Thesales-to-listingratioforcondosinWestVancouver, at23%,reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
19 83
$1,040 $1,860,382 $1,140,000 14% 17 120
-17% -47% -36% 62% 12% -31%
21 85
-20% -11% -18% -7% -10% -2%
ThecondomedianpriceinJunewas$735,000,a18% decreasefromMayand36%belowJune2020. Theaveragesoldpricewas$976,868,11%belowlast month;theaveragePSFsalepricewas$863,down20% tolastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$863 $976,868 $735,000 23%
$1,075 $1,093,143 $900,000 25%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2020 ● JUN 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
132
146
145 145
19
120
96
95
85
93
83
89
81
32
28
23
21
18
1
1
19
9
17
21
19
15
$1.35M
$1.25M
$1.20M
$1.14M
$1.05M
$1.00M
$995K
$950K
$939K
$900K
$900K
$755K
$735K
WESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
20
4+bdrms
1
15
75%
2
3bdrms
9
10
29%
13
25%
5
2bdrms
20%
53
13% 10%
0
4
<$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
10 2 20%
12 9 75%
8 2 25%
8 1 13%
10 1 10%
14 4 29%
20 0 n/a
20
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