CONDO - OCTOBER 2019 west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE 4 % UP
BENCHMARK PRICE 9 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
14 % UP
1.7 % DOWN
20 % DOWN
BUYER’S 10 %
The number of condo listings in West Vancouver decreased 3% between September and October, to 116, and was 1.7% lower vs October 2018. The 12 condo sales in October were unchanged vs last month and 3 below last year. The sales-to-listings ratio remained at 10% in October, as condos in West Vancouver were favour- able to buyers. The condo benchmark price was $1.05M in October, 3% above September and 9% below last October. The average sold price was $1.39M and the average PSF sales price was $1,070 (down 9% and up 9%, respectively, vs September).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 120
% Change
No. 118
% Change
TOTAL LISTINGS
116
-3%
-1.7% -20% -19%
TOTAL SALES
12
12
0.0%
15
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
10%
10%
3%
13%
$1,048,800 $1,021,200 $1,394,667 $1,528,417
3% $1,155,100 -9% $1,226,367
-9% 14%
$1,070
$983
9%
$1,032
4%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.16
$1.13
$1.07
$1.07
$1.06
$1.05
$1.03
138
125
124
118
116
112
98
15
12
11
10
8
8
8
WEST VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
1
3+ bdrms
SELLER'S MARKET
21
BALANCED
BUYER'S MARKET
9
2 bdrms
70
2
<2 bdrms
. . . . 0 0 0 0 QD
25
S-L RATIO SALES INVENTORY
Copyright © 2019 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 November 6, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & 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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