DETACHED APRI L west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
15 % DOWN
43 % DOWN
-
35 % DOWN 0.4 % DOWN
6 %
The number of detached listings in West Vancouver in April (at 366) were down 9% vs March and 35% below April 2019. The 21 detached sales in April were down by 20 month-over-month and 16 below this time last year. The sales-to-listings ratio declined to 6% in April, as conditions continued to favour buyers in West Vancouver’s detached market. April’s benchmark price was $2.57M—0.7% above March and relatively unchanged from April 2019. The average sold price of $2.85Mwas 2% higher vs last month but 15% below last year.
VS
VS
VS
VS
VS
BUYER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 402
% Change
No. 561
% Change
TOTAL LISTINGS
366
-9%
-35% -43% -13%
TOTAL SALES
21 6%
41
-49% -44%
37 7%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
10%
$2,570,900 $2,554,000 0.7% $2,580,500 -0.4%
$2,846,164 $2,789,146
2% $3,362,467 -15%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
2.58
2.49
2.41
$2.59
$2.58
$2.57
$2.56
$2.54
$2.52
$2.52
579
561
527
524
406
366
353
47
45
41
37
32
28
21
Apr-19
Mar-20
Apr-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD QD
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 May 5, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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