DETACHED JULY west vancouver
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
17 % UP
-
21 % DOWN
26 % UP
BALANCED 12 %
The number of detached listings in West Vancouver in July (at 440) were 1.6% above June but 21% below July 2019. The 54 detached sales in July were up by 26% month-over-month and year-over-year. The sales-to-listings ratio increased to 12% in July, as conditions reflected balanced market conditions. July’s benchmark price was $2.66M—3% above June and 4% higher than in July 2019. The average sold price of $2.73M was 10% lower vs last month but 17% above last year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 433
% Change
No. 556
% Change
TOTAL LISTINGS
440
1.6% 26% 24%
-21% 26% 59%
TOTAL SALES
54
43
43 8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
12%
10%
$2,661,000 $2,594,200
3% $2,549,700
4%
$2,731,838 $3,045,503 -10% $2,340,368
17%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
2.67
2.64
$2.66
$2.62
$2.57
2.35
$2.55
$2.55
$2.54
$2.52
556
551
491
440
416
411
394
54
52
43
41
35
30
21
Jul-19
Jun-20
Jul-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 August 7, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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