westvancouver CONDO-DECEMBER 2021
SALESTO LISTINGSRATIO 60% SELLERS'MARKET
▶ MARKETSUMMARY Therewere30condolistingsinWestVancouverin December,38%belowNovemberand68%lowerthan December2020. Decembercondosalesdecreasedby10% month-over-month,to18,andwerethesamein December2020. Thesales-to-listingratioforcondosinWestVancouver, at60%,reflectedaselers'market. ThecondomedianpriceinDecemberwas$1,070,000,a 15%decreasefromNovemberand8%aboveDecember 2020. Theaveragesoldpricewas$1,210,328,14%belowlast month;theaveragePSFsalepricewas$1,040,down4% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 9% VS2020
TOTALLISTINGS
MEDIANPRICE
SALES
▼ 4% VS2020
▲ 8% VS2020
▼ 68% VS2020
- VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
18 30
18 93
9% -4% 8% 210% 0% -68%
20 48
-4% -14% -15% 44% -10% -38%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,040 $1,210,328 $1,070,000 60%
$952 $1,265,489 $994,950 19%
$1,084 $1,413,350 $1,262,500 42%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2020 ● DEC 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
89
93
96
84 82
95
81
69
57
48
57
51
32
28
21
21
20
30
18
20
20
19
19
18
15
1
$1.26M
$1.25M
$1.20M
$1.17M
$1.09M
$1.07M
$995K
$985K
$950K
$939K
$913K
$755K
$735K
WESTVANCOUVER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100%+
100%
100%+
8
4+bdrms
6
1
3bdrms
3
4
33%
12
22%
2bdrms
20%
2
17
0
5
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
2 3 150%
6 2 33%
4 4 100%
0 1 n/a
5 1 20%
4 5 125%
9 2 22%
10
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