westvancouver CONDO -JULY 202
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 4% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 17% VS 2021
▲ 19% VS 2021
▲ 39% VS 2021
▼ 38% VS 2021
Therewere96 condolistingsin W estVancouverin July, 1.1% aboveJuneand 39% higherthan July2021.
Julycondosalesdecreased by35% m onth-over-m onth,to 13,and were38% below July2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin W estVancouver, at14% ,reflected abalanced m arket.
TOTALLISTINGS TOTALSALES
13 96
21 69
4% -17% 19% -56% -38% 39%
20 95
4% -14% -6% -36% -35% 1.1%
Thecondom edian pricein Julywas$1,170,000,a6% decreasefrom Juneand 19% aboveJuly2021. Theaveragesold pricewas$1,182,231,-14% below last m onth;theaveragePSF salepricewas$1,114,up 4% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,114 $1,182,231 $1,170,000 14%
$1,069 $1,426,538 $985,000 30%
$1,073 $1,375,500 $1,242,500 21%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2021 ● JUL 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
96
89
95
69
57
67
48
57
51
36
46
18 39
21
32
20 20
21
20
19
19
13
18
14
13
9
$1.28M
$1.25M
$1.25M
$1.24M $1.17M
$1.17M $1.09M
$1.07M
$1.01M
$985K
$928K
$825K
$755K
W ESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
25
4+ bdrms
1
20
63%
15
3 bdrms
13
10
9
25%
2 bdrms
5
15%
61
12%
8%
6%
0
4
<$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
4 1 25%
8 5 63%
11 0 n/a
13 2 15%
17 1 6%
17 2 12%
8%
21
26 2
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