westvancouver CONDO-NOVEMBER 2021
SALESTO LISTINGSRATIO 42% SELLERS'MARKET
▶ MARKETSUMMARY Therewere48condolistingsinWestVancouverin November,6%belowOctoberand60%lowerthan November2020. Novembercondosalesdecreasedby5% month-over-month,to20,andwere5%aboveNovember 2020. Thesales-to-listingratioforcondosinWestVancouver, at42%,reflectedaselers'market. ThecondomedianpriceinNovemberwas$1,262,500,a 16%increasefromOctoberand20%aboveNovember 2020. Theaveragesoldpricewas$1,413,350,16%belowlast month;theaveragePSFsalepricewas$1,084,down3% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 14% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 17% VS2020
▲ 20% VS2020
▼ 60% VS2020
▲ 5% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
20 48
$948 $1,206,258 $1,050,000 16% 19 119
14% 17% 20% 161% 5% -60%
21 51
-5% -6%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,084 $1,413,350 $1,262,500 42%
$1,117 $1,678,690 $1,089,000 41%
-3% -16% 16% 1.2%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2020 ● NOV 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
19
96
95
84 82
93
89
81
57
69
57
48
51
32
28
21
21
18
20
19
1
20
20
19
19
15
$1.26M
$1.25M
$1.20M
$1.17M
$1.09M
$1.05M
$995K
$985K
$950K
$939K
$913K
$755K
$735K
WESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
10
100%+
4+bdrms
8
75%
2
6
3bdrms
4
50%
4
33%
29%
9
2bdrms
20%
2
27
13%
0
9
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
0 1 n/a
6 3 50%
8 1 13%
7 2 29%
4 3 75%
4 5 125%
9 3 33%
10 2 20%
17
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