DETACHED MARCH west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 19 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
139 % UP
37 % UP
-
10 % DOWN
26 %
The number of detached listings in West Vancouver in March (at 371) was 8% above February but 10% below March 2020. The 98 detached sales in March were up by 26% month-over-month and 139% above March of last year. The sales-to-listings ratio increased to 26% in March, as West Vancouver’s detached segment remained in seller’s market territory. March’s benchmark price was $3.04M—2% above February and 19% higher than in March 2020. The average sold price of $3.81M was 6% above last month and 37% higher vs last year.
VS
VS
VS
VS
VS
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 345
% Change
No. 412
% Change
TOTAL LISTINGS
371
8%
-10% 139% 165%
TOTAL SALES
98
78
26% 17%
41
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
26%
23%
10%
$3,043,400 $2,972,400 $3,812,910 $3,609,952
2% $2,552,900 6% $2,789,146
19% 37%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
2.67
2.66
$3.04
2.48
$2.91
$2.74
$2.69
$2.66
$2.62
$2.55
460
449
412
404
395
371
355
98
64
62
54
41
30
29
Mar-20
Feb-21
Mar-21
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 © 2021 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 April 6, 2021. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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