westvancouver DETACHED-SEPTEMBER 2021
SALESTO LISTINGSRATIO 9% BUYERS'MARKET
▶ MARKETSUMMARY Therewere436detachedlistingsinWestVancouverin September,5%aboveAugustand0.5%higherthan September2020. Septemberdetachedhomesalesdecreasedby2% month-over-month,to41,andwere36%below September2020. Thesales-to-listingratiofordetachedinWestVancouver, at9%,reflectedabuyers'market. ThedetachedmedianpriceinSeptemberwas $2,953,000,a0.5%decreasefromAugustand16%above September2020. Theaveragesoldpricewas$3,536,477,11%belowlast monthandup23%toSeptember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 23% VS2020
▲ 16% VS2020
▲ 0.4% VS2020
▼ 36% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
9% 41 436
$2,865,017 $2,537,500 15% 64 434
23% 16% -36% -36% 0.5%
$3,961,024 $2,967,500 10% 42 414
-7% -2% 5%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
-11% -0.5%
$3,536,477 $2,953,000
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
425
420
467
465
436
434
436
373
414
2.47
2.41
315
350
310
300
1.85
98
79
74
75
60
53
54
42
64
29
41
62
60
1.05
1.01
0.96
$3.20M
$3.16M
$3.13M
$3.10M
$2.94M $3.03M
$2.97M
$2.95M
$2.89M
$2.90M
$2.86M
$2.80M
$2.54M
Sep-20
Aug-21
Sep-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
300
250
200
150
36%
100
25%
50
10%
6%
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
3 0 n/a
1 0 n/a
2 0 n/a
2 0 n/a
11 4 36%
44 11 25%
60 6 10%
313 20 6%
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoard ofGreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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