CONDO APRI L vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
34 % DOWN
14 % DOWN
75 % UP
BALANCED 14 %
19 % DOWN
Condo listings in Vancouver West increased to 1,713 in April 2019, 8% above March and 75% higher than in April 2018. Year-over-year condo sales were down by 34% in April (to 233), with month-over-month sales decreasing by 0.9%. Decreasing to 14%, the sales-to-listings ratio remained in balanced market territory. April’s condo benchmark price of $764,600 was 0.6% lower month-over-month and was 9% below April 2018. The average sold price was $890,144 at an average PSF sales price of $1,013 (both virtually unchanged, respectively, month-over-month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 980 351 36%
% Change
TOTAL LISTINGS
1,713
1,582
8%
75% -34% -62% -19% -14% -9%
TOTAL SALES
233 14%
235 15%
-0.9%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
-8%
$764,600 $769,200 $890,144 $886,931
-0.6% $841,700 0.4% $1,092,586 -0.2% $1,175
$1,013
$1,015
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$841,700 $842,600 $825,000 $809,600 $783,700 $784,300 $764,600
1,713
1,499
1,423
1,289
1,250
1,149
980
351
328
276
269
233
186
139
VANCOUVER WEST REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
6
3+ bdrms
BUYER'S MARKET
203
108
2 bdrms
866
119
<2 bdrms
. . . . 0 0 0 0
644
S-L RATIO SALES INVENTORY
CurrentasofMay3,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The information setoutherein (the “Information”) is intended for informationalpurposesonly.RAR&RMShasnotverified the informationanddoesnot represent,warrantorguarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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