CONDO APRI L west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 13 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
42 % UP
60 % DOWN
BUYER’S 7 %
0.5 % UP
1.2 % UP
The number of condo listings in West Vancouver decreased 5% between March and April, to 111, but was 42% above April 2018. The 8 condo sales in April were unchanged vs last month and 12 below last year. The sales-to-listings ratio was unchanged at 7% in April, as condos in West Vancouver remained favourable to buyers. The condo benchmark price was $1.13M in April, 1.1% above March but a 13% decrease vs last April. The average sold price was $1.27M and the average PSF sales price was $1,044, up 43% and 11%, respectively, vs March.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 117
% Change
No.
% Change
TOTAL LISTINGS
111
-5%
78 20
42% -60% -72%
TOTAL SALES
8
8
0.0%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
7%
7%
5%
26%
$1,128,500 $1,116,200 1.1% $1,295,900 -13%
$1,272,381 $891,000
43% $1,257,220 1.2%
$1,044
$940
11% $1,039
0.5%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
MILLIONS
$1.30
$1.29
$1.19
$1.16
$1.14
$1.13
$1.10
118
112
111
101
99
98
78
20
15
14
13
11
10
8
WEST VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
1
3+ bdrms
BUYER'S MARKET
8
5
2 bdrms
83
2
<2 bdrms
. . . . 0 0 0 0 QD QD QD QD
20
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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