DETACHED SEPTEMBER vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
BALANCED 17 %
14 % DOWN
29 % UP
70 % UP
The 605 detached listings in Vancouver West in September were 0.8% above August but were 14% below September 2019. September’s detached sales (at 104) were 14% higher month-over-month and 70% above year-over-year. The sales-to-listings ratio in September increased to 17% as Vancouver West’s detached segment remained in balanced market territory. At $3.08M, the benchmark price for detached homes was unchanged from August and 5% higher vs September 2019. The average sold price of $3.72M was 16% above August and 29% higher vs September 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 600
% Change
No. 706
% Change
TOTAL LISTINGS
605 104 17%
0.8% 14% 13%
-14% 70% 99%
TOTAL SALES
91
61 9%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
15%
$3,084,600 $3,084,600 0.0% $2,945,200
5%
$3,724,398 $3,199,326
16% $2,894,649
29%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
2.68
2.65
2.65
$3.08
$3.05
$3.04
$2.98
$2.97
$2.95
$2.94
706
688
1.49
1.46
1.45
605
565
560
513
482
106
104
77
65
61
52
35
Sep-19
Aug-20
Sep-20
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 QD QD
S-L RATIO SALES INVENTORY
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of October 5, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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