CONDO - NOVEMBER 2019 west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
53 % DOWN
38 % DOWN
11 % DOWN
140 % UP
BUYER’S 11 %
The number of condo listings in West Vancouver decreased 15% between October and November, to 107, and was 11% lower vs November 2018. The 12 condo sales in November were unchanged vs last month and 7 above last year. The sales-to-listings ratio slightly rose to 11% in November, as condos in West Vancouver were favourable to buyers. The condo benchmark price was $1.02M in November, 2% below October and 9% lower year-over-year. The average sold price was $1.19M and the average PSF sales price was $937 (down 15% and 12%, respectively, vs October).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 126
% Change
No. 120
% Change
TOTAL LISTINGS
107
-15% 0.0% 18%
-11% 140% 169%
TOTAL SALES
12
12
5
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
11%
10%
4%
$1,022,700 $1,048,800
-2% $1,125,600
-9%
$1,186,583 $1,394,667 -15% $2,509,000 -53%
$937
$1,070
-12% $1,504
-38%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.13
$1.09
$1.07
$1.05
$1.02
$1.02
$1.02
141
135
128
121
120
107
101
13
12
12
11
8
7
5
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
22
8
2 bdrms
64
3
<2 bdrms
. . . . 0 0 0 0 QD
21
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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