westvancouver DETACHED-DECEMBER 2021
SALESTO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY Therewere296detachedlistingsinWestVancouverin December,18%belowNovemberand1.3%lowerthan December2020. Decemberdetachedhomesalesdecreasedby7% month-over-month,to41,andwere23%below December2020. Thesales-to-listingratiofordetachedinWestVancouver, at14%,reflectedabalancedmarket. ThedetachedmedianpriceinDecemberwas$3,140,000, a16%increasefromNovemberand12%aboveDecember 2020. Theaveragesoldpricewas$3,473,826,9%abovelast monthandup9%toDecember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 9% VS2020
▲ 12% VS2020
▼ 1.3% VS2020
▼ 23% VS2020
THISMONTH No. $3,473,826 $3,140,000 14% 41 296
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$3,177,398 $2,799,990 18% 53 300
-22% -23% -1.3%
$3,193,691 $2,714,000 12% 44 363
9% 16% 14% -7% -18%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
9% 12%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
436
420
467
465
436
363
414
2.26
403
315
350
2.01
300
310
296
1.78
1.46
98
79
75
61
59 54
1.25
42
41
1.21
29
53
41
60
44
$3.20M
$3.13M
$3.15M
$3.14M
$3.10M
$2.94M $3.03M
$2.97M
$2.95M
$2.90M
$2.80M
$2.71M
$2.63M
Dec-20
Nov-21
Dec-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
250
200
75%
150
100
38%
20%
50
9%
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
2 0 n/a
1 0 n/a
0 1 n/a
8 6 75%
16 6 38%
35 7 20%
234 21 9%
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