CONDO NOVEMBER west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE 3 % UP
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
5 % UP
7 % UP
1.7 % UP
67 % UP
BALANCED 17 %
The number of condo listings in West Vancouver decreased 12% between October and November, to 120, and were 1.7% above vs November 2019. The 20 condo sales in November were 9% below last month but 67% higher vs last year. The sales-to-listings ratio increased to 17% in November, as West Vancouver’s condo market remained a balanced market. The condo benchmark price was $1.09M in November, 0.2% below October but 7% higher year-over-year. The average sold price was $1.24M (down 12% vs October) and the average PSF sales price was $969 (9% below October).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 136
% Change
No. 118
% Change
TOTAL LISTINGS
120
-12%
1.7% 67% 64%
TOTAL SALES
20
22
-9%
12
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
17%
16%
3%
10%
$1,092,100 $1,094,600 -0.2% $1,022,700 $1,240,945 $1,413,673 -12% $1,186,583
7% 5% 3%
$969
$1,069
-9%
$937
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.09
$1.06
$1.03
$1.02
$1.01
$1.00
$1.00
149
147
120
118
116
113
94
22
20
12
12
10
9
6
WEST VANCOUVER REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
2
3+ bdrms
SELLER'S MARKET
17
BALANCED
BUYER'S MARKET
14
2 bdrms
73
4
<2 bdrms
. . . . 0 0 0 0 QD QD
30
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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