westvancouver DETACHED-APRIL 2021
SALESTO LISTINGSRATIO 19% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 27% VS2020
▲ 9% VS2020
▲ 16% VS2020
▲ 276% VS2020
Therewere420detachedlistingsinWestVancouverin April,20%aboveMarchand16%higherthanApril2020. Aprildetachedhomesalesdecreasedby19% month-over-month,to79,andwere276%aboveApril 2020. Thesales-to-listingratiofordetachedinWestVancouver, at19%,reflectedabalancedmarket.
THISMONTH No. $3,603,077 $3,200,000 19% 79 420
PREVIOUSYEAR
PREVIOUSMONTH
No. 6% 21 363
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
225% 276% 16%
$3,812,655 $2,939,000 28% 98 350
-33% -19% 20%
ThedetachedmedianpriceinAprilwas$3,200,000,a9% increasefromMarchand9%aboveApril2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$3,603,077,5%belowlast monthanddown27%toApril2020.
-5% 9%
$2,846,164 $2,925,000
27% 9%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
425
420
412
444
434
373
415
363
4.38
315
367
350
310
300
3.02
98
75
74
64
54
53
79
43
30
29
62
21
49
1.701.84
1.40
$3.20M
$3.10M
$2.94M $3.03M
$2.93M
$2.89M
$2.86M
$2.80M
$2.70M
$2.54M
$2.43M
$2.37M
$2.15M
0.68
Apr-20
Mar-21
Apr-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
300
100%
250
200
150
50%
38%
100
22%
17%
15%
50
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
1 1 100%
1 0 n/a
2 0 n/a
2 1 50%
12 2 17%
40 15 38%
68 15 22%
294 45 15%
Copyright©May1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay1,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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