westvancouver CONDO-JANUARY 202
SALESTO LISTINGSRATIO 37% SELLERS'MARKET
▶ MARKETSUMMARY Therewere35condolistingsinWestVancouverin January,13%aboveDecemberand63%lowerthan January2021. Januarycondosalesdecreasedby28% month-over-month,to13,andwere18%aboveJanuary 2021. Thesales-to-listingratioforcondosinWestVancouver, at37%,reflectedaselers'market. ThecondomedianpriceinJanuarywas$825,000,a23% changefromDecemberand13%belowJanuary2021. Theaveragesoldpricewas$1,519,300,26%abovelast month;theaveragePSFsalepricewas$1,166,up12%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 8% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▼ 3% VS2021
▼ 13% VS2021
▼ 63% VS2021
▲ 18% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
13 35
11 95
-13% 221% 18% -63%
18 31
12% 26% -23% -36% -28% 13%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,166 $1,519,300 $825,000 37%
$1,081 $1,562,777 $950,000 12%
$1,040 $1,210,328 $1,070,000 58%
8% -3%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 2021 ● JAN 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
95
89
96
84
82
81
69
57
48
57
51
32
35
28
21
21
31
20
20
19
19
19
13
18
1
15
$1.28M
$1.25M
$1.20M
$1.17M
$1.09M
$1.07M
$985K
$950K
$939K
$913K
$825K
$755K
$735K
WESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
12
100%
4+bdrms
10
83%
8
1
3bdrms
7
6
33%
4
7
25%
25% 25%
2bdrms
20%
19
2
0
5
<$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
3 1 33%
6 5 83%
4 1 25%
1 1 100%
5 1 20%
4 1 25%
12 3 25%
9
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