DETACHED - JULY 2019 west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 13 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
24 % DOWN
-
14 % DOWN
34 % UP
8 %
The number of detached listings in West Vancouver in July (535) were down 7% vs June 2019 and 14% below July 2018. The 43 detached sales in July were up by 11 month- over-month and year-over-year. The sales-to-listings ratio rose to 8% in July, as conditions continued to favour buyers in West Vancouver’s detached market. July’s benchmark price was $2.55M—0.6% lower than June and 13% below July 2018. The average sold price of $2.34M was 24% lower vs last month and last year.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
BUYER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 574
% Change
No. 625
% Change
TOTAL LISTINGS
535
-7% 34% 44%
-14% 34% 57%
TOTAL SALES
43 8%
32 6%
32 5%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$2,549,700 $2,564,600 -0.6% $2,915,200 -13% $2,344,698 $3,101,463 -24% $3,081,594 -24%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$2.92
$2.78
$2.74
2.48
$2.62
$2.58
$2.55
$2.52
2.36
2.35
625
613
576
563
535
510
482
55
43
32
25
25
23
18
Jul-18
Jun-19
Jul-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD
S-L RATIO SALES INVENTORY
CurrentasofAugust7,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The informationsetoutherein (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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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