DETACHED NOVEMBER vancouver west
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
BALANCED 18 %
21 % DOWN
13 % UP
48 % UP
The 544 detached listings in Vancouver West in November were 9% below October and 21% below November 2019. November’s detached sales (at 96) were 13% lower month-over-month but 48% above year-over-year. The sales-to-listings ratio in November was unchanged at 18% as Vancouver West’s detached segment remained in balanced market territory. At $3.12M, the benchmark price for detached homes was 0.1% above October and 6% higher vs November 2019. The average sold price of $3.41M was 0.7% below October but 13% higher vs November 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 600 110 18%
% Change
No. 688
% Change
TOTAL LISTINGS
544
-9%
-21% 48% 87%
TOTAL SALES
96
-13%
65 9%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
18%
-4%
$3,122,100 $3,118,200 0.1% $2,943,200 $3,411,698 $3,434,786 -0.7% $3,027,066
6%
13%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
2.71
2.69
2.60
$3.12
$3.08
$3.05
$3.04
$2.98
$2.97
$2.94
1.51
688
1.51
1.48
624
565
560
544
513
482
106
104
96
77
65
52
35
Nov-19
Oct-20
Nov-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 December 3, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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