westvancouver CONDO -DECEMBER 202
SALESTO LISTINGSRATIO 11% BUYERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 3% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 17% VS2021
▼ 20% VS2021
▲ 175% VS2021
▼ 44% VS2021
Therewere88 condolistingsin W estVancouverin D ecem ber,18% below N ovem berand 175% higherthan D ecem ber2021. D ecem bercondo salesdecreased by 9% m onth-over-m onth,to10,and were44% below D ecem ber2021. Thesales-to-listing ratio forcondosin W estVancouver, at11% ,reflected abuyers'm arket. Thecondom edian pricein D ecem berwas$854,450,a 28% decreasefrom N ovem berand 20% below D ecem ber 2021. Theaveragesold pricewas$1,009,940,21% below last m onth;theaveragePSF salepricewas$1,011,down 2% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
10 88
18 32
-3% -17% -20% -80% -44% 175%
$1,036 $1,271,482 $1,180,000 10% 11 107
-2% -21% -28% 11% -9% -18%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,011 $1,009,940 $854,450 11%
$1,040 $1,210,328 $1,070,000 56%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
99
95 96
107
103
89
88
88
67
36
46
32
39
21
20 20
16
18
9
18
10
14
13
13
10
1
$1.40M
$1.25M
$1.24M $1.17M
$1.18M
$1.07M
$1.01M
$948K $930K
$928K
$854K
$825K
$755K
W ESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
35
100%
30
4+bdrms
25
20
3bdrms
14
15
40% 43%
10
6
2bdrms
55
5
10%
7%
3%
0
4
<$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
2 2 100%
5 2 40%
7 3 43%
15 1 7%
10 1 10%
16 0 n/a
3%
19
33 1
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