westvancouver CONDO -OCTOBER 202
SALES TO LISTINGSRATIO 16% BALANCEDMARKET
▶ MARKETSUMMARY Therewere103 condolistingsin W estVancouverin O ctober,4% aboveSeptem berand 102% higherthan October2021. O ctobercondosalesincreased by60% m onth-over-m onth,to 16,and were24% below O ctober 2021. Thesales-to-listing ratio forcondosin W estVancouver, at16% ,reflected abalanced m arket. Thecondom edian pricein Octoberwas$930,000,a1.8% decreasefrom Septem berand 15% below O ctober2021. Theaveragesold pricewas$1,003,813,10% below last m onth;theaveragePSF salepricewas$972,down 7% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 13% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 40% VS 2021
▼ 15% VS 2021
▲ 102% VS 2021
▼ 24% VS 2021
THISMONTH No. $972 $1,003,813 $930,000 16% 16 103
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change -13% -40% -15% -62% -24% 102%
No.
% Change
TOTALLISTINGS TOTALSALES
21 51
10 99
54% 60% 4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,117 $1,678,690 $1,089,000 41%
$1,047 $1,112,900 $947,500 10%
-7% -10% -1.8%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2021 ● OCT 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
103
96
95
89
99
88
67
48
51
36
46
18 39
21
20 20
32
21
16
9
19
18
14
13
13
10
$1.40M
$1.28M
$1.25M
$1.24M $1.17M
$1.09M
$1.07M
$1.01M
$948K $930K
$928K
$825K
$755K
W ESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
35
30
4+ bdrms
25
75%
1
20
3 bdrms
14
15
40%
10
11
22%
2 bdrms
66
13% 12% 13%
5
0
4
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
5 2 40%
9 2 22%
8 6 75%
16 2 13%
17 2 12%
15 2 13%
33 0 n/a
23
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