westvancouver CONDO -JULY 2023
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 14% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 34% VS 2022
▲ 18% VS 2022
0.0% VS 2022
▲ 77% VS 2022
Therewere96 condolistingsin W estVancouverin July, 4% below Juneand nochangetoJuly2022.
Julycondosalesincreased by5% m onth-over-m onth,to 23,and were77% aboveJuly2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin W estVancouver, at24% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
23 96
13 96
14% 34% 18% 77% 77% 0%
$1,075 $1,314,704 $987,000 22% 22 100
18% 21% 39% 9% 5% -4%
Thecondom edian pricein Julywas$1,375,000,a39% increasefrom Juneand 18% aboveJuly2022. Theaveragesold pricewas$1,585,412,21% abovelast m onth;theaveragePSF salepricewas$1,266,up 18% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,266 $1,585,412 $1,375,000 24%
$1,114 $1,182,231 $1,170,000 14%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
100
100
99
97
107
96
103
96
93
88
88
85
73
29
22
21
23
16
10
9 9
22
13
19
10
1
$1.45M
$1.40M
$1.38M
$1.20M
$1.20M
$1.18M
$1.17M
$1.05M $994K
$987K
$948K $930K
$854K
W ESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
35
30
4+ bdrms
25
71%
20
3
3 bdrms
15
15
38%
33%
10
14
22%
2 bdrms
20%
15%
16%
56
5
0
6
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
3 1 33%
10 2 20%
7 5 71%
13 2 15%
8 3 38%
23 5 22%
32 5 16%
25
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