westvancouver CONDO-JULY 2021
SALESTO LISTINGSRATIO 30% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 0.4% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▼ 16% VS2020
▼ 1.5% VS2020
▼ 53% VS2020
▲ 133% VS2020
Therewere69condolistingsinWestVancouverinJuly, 16%belowJuneand53%lowerthanJuly2020.
Julycondosalesincreasedby11%month-over-month,to 21,andwere133%aboveJuly2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
Thesales-to-listingratioforcondosinWestVancouver, at30%,reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
21 69
$1,062 $1,702,111 $1,000,000 6% 9 146
0.5% -16% -1.5% 394% 133% -53%
19 82
24% 46% 34% 31% 11% -16%
ThecondomedianpriceinJulywas$985,000,a34% increasefromJuneand1.5%belowJuly2020. Theaveragesoldpricewas$1,426,538,46%abovelast month;theaveragePSFsalepricewas$1,067,up24%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,067 $1,426,538 $985,000 30%
$863 $976,868 $735,000 23%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2020 ● JUL 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
146
132
145 145
19
95 96
84
82
93
89
81
69
32
28
23
21
18
21
1
1
21
19
19
9
15
$1.35M
$1.25M
$1.20M
$1.05M
$1.00M
$995K
$985K
$950K
$939K
$900K
$900K
$755K
$735K
WESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
15
4+bdrms
1
83%
2
10
57%
3bdrms
56%
7
5
13
24%
2bdrms
18%
44
13%
0
6
<$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
1 0 n/a
8 1 13%
9 5 56%
6 5 83%
7 4 57%
10 0 n/a
11 2 18%
17 4 24%
17
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