westvancouver CONDO -NOVEMBER 202
SALES TO LISTINGSRATIO 10% BUYERS'M ARKET
▶ MARKETSUMMARY Therewere107 condolistingsin W estVancouverin N ovem ber,4% aboveO ctoberand 123% higherthan N ovem ber2021. N ovem bercondosalesdecreased by31% m onth-over-m onth,to11,and were42% below N ovem ber2021. Thesales-to-listing ratio forcondosin W estVancouver, at10% ,reflected abuyers'm arket. Thecondom edian pricein N ovem berwas$1,180,000,a 27% increasefrom O ctoberand 8% below N ovem ber 2021. Theaveragesold pricewas$1,271,482,27% abovelast m onth;theaveragePSF salepricewas$1,036,up 7% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 5% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 12% VS 2021
▼ 8% VS 2021
▲ 123% VS 2021
▼ 42% VS 2021
THISMONTH No. $1,036 $1,271,482 $1,180,000 10% 11 107
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
19 48
-5% -12% -8% -74% -42% 123%
$972 $1,003,813 $930,000 16% 16 103
7% 27% 27% -34% -31% 4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,088 $1,443,000 $1,280,000 40%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2021 ● NOV 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
107
99
96
95
103
89
88
67
48
36
46
39
21
20 20
32
16
19
9
18
18
1
14
13
13
10
$1.40M
$1.28M
$1.25M
$1.24M $1.17M
$1.18M
$1.07M
$1.01M
$948K $930K
$928K
$825K
$755K
W ESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
40
4+ bdrms
30
1
3 bdrms
20
14
7
10
22%
2 bdrms
20%
19%
14%
71
11%
7%
3%
0
3
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
5 1 20%
7 1 14%
9 2 22%
18 2 11%
15 1 7%
16 3 19%
3%
22
37 1
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