CONDO JANUARY west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 7 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
61 % DOWN
44 % DOWN
12 % DOWN
14 % DOWN
BUYER’S 7 %
The number of condo listings in West Vancouver increased 1.1% between December and January, to 89, but was 12% lower vs January 2019. The 6 condo sales in January were 5 lower than last month and 1 below last year. The sales-to-listings ratio decreased to 7% in January, as condos in West Vancouver were favour- able to buyers. The condo benchmark price was $996,600 in January, 1.3% below December and 7% lower year-over-year. The average sold price was $1.34M and the average PSF sales price was $1,003 (up 14% and 6%, respec- tively, vs December).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 101
% Change
TOTAL LISTINGS
89
88 11
1.1% -45% -46%
-12% -14%
TOTAL SALES
6
7
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
7%
13%
7%
-3% -7%
$996,600 $1,009,900 -1.3% $1,069,000
$1,343,500 $1,182,455
14% $3,412,229 -61%
$1,003
$945
6%
$1,784
-44%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
MILLIONS
$1.09
$1.07
$1.05
$1.02
$1.02
$1.02
$1.00
141
135
129
121
118
101
89
13
12
12
11
8
7
6
WEST VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
1
BUYER'S MARKET
3+ bdrms
16
4
2 bdrms
57
1
<2 bdrms
. . . . 0 0 0 0 QD QD QD QD
16
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 February 5, 2020. All data from RealEstateBoardof 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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