westvancouver DETACHED-APRIL 202
SALESTO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
SALES
TOTALLISTINGS
▲ 5% VS2021
▲ 0.1% VS2021
▼ 6% VS2021
▼ 32% VS2021
Therewere393detachedlistingsinWestVancouverin April,17%aboveMarchand6%lowerthanApril2021. Aprildetachedhomesalesdecreasedby14% month-over-month,to54,andwere32%belowApril 2021. Thesales-to-listingratiofordetachedinWestVancouver, at14%,reflectedabalancedmarket.
THISMONTH No. $3,776,352 $3,205,000 14% 54 393
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$3,603,077 $3,200,000 19% 79 420
5% 0.2% -27% -32% -6%
$3,520,490 $3,000,000 19% 63 337
-26% -14% 17%
ThedetachedmedianpriceinAprilwas$3,205,000,a7% increasefromMarchand0.2%aboveApril2021.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$3,776,352,7%abovelast monthandup5%toApril2021.
7% 7%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
436
465 467
420
436
393
414
3.02
403 363
327
2.82
337
296
276
1.99
63
61 43
59
58
54
79
41 41
41
32
54
60
1.40
1.41
1.28
$3.20M
$3.21M
$3.13M
$3.15M
$3.14M
$3.04M
$3.00M $2.96M
$2.94M
$2.95M
$2.90M
$2.70M
$2.63M
Apr-21
Mar-22
Apr-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
350
300
91%
250
200
50%
150
33%
100
28%
50
9%
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
2 1 50%
1 0 n/a
3 1 33%
11 10 91%
47 13 28%
329 29 9%
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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