DETACHED - NOVEMBER 2019 west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 7 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
4 % DOWN
-
19 % DOWN
108 % UP
11 %
The number of detached listings in West Vancouver in November (454) were down 12% vs October 2019 and 19% below November 2018. The 52 detached sales in November were up by 5 month-over-month and 27 above this time last year. The sales-to-listings ratio rose to 11% in November, as conditions continued to favour buyers in West Vancouver’s detached market. November’s benchmark price was $2.54M—0.8% above October but 7% below November 2018. The average sold price of $3.03M was 20% higher vs last month but 4% below last year.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
BUYER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 515
% Change
No. 563
% Change
TOTAL LISTINGS
454
-12% 11% 26%
-19% 108% 158%
TOTAL SALES
52
47 9%
25 4%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
11%
$2,544,400 $2,523,300 0.8% $2,738,300
-7% -4%
$3,032,578 $2,532,820
20% $3,165,196
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$2.74
2.49
2.43
$2.62
2.41
$2.58
$2.55
$2.54
$2.52
$2.52
578
563
554
549
512
483
454
55
52
43
35
25
22
18
Nov-18
Oct-19
Nov-19
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 © 2019 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 December 4, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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