MVR Stats
VANCOUVER W ESTSIDE
NOVEM BER 2022
Price Band & Bedroom DETACHED HOUSES
Com m unity DETACHED HOUSES
SnapStats® $0 -800,000
Inventory Sales
Sales Ratio
SnapStats®
Inventory Sales
Sales Ratio
1 0 0
0 0 0 0 1 1 1 3 5 3 8 5 2 1 2 4 0 0 0 3
NA NA NA NA
Arbutus Cam bie Dunbar Fairview
29 51 53
2 3 6 0 1 8 4 1 5 0 0 6 8 1 2 1 3 2 0
7% 6%
800,001 – 900,000 900,001 – 1,000,000
11%
1,000,001 – 1,250,000 0 1,250,001 – 1,500,000 0 1,500,001 – 1,750,000 2 1,750,001 – 2,000,000 4 2,000,001 – 2,250,000 8 2,250,001 – 2,500,000 9 2,500,001 – 2,750,000 13 2,750,001 – 3,000,000 28 3,000,001 – 3,500,000 52 3,500,001 – 4,000,000 54 4,000,001 – 4,500,000 60 4,500,001 – 5,000,000 57 5,000,001 – 5,500,000 37 5,500,001 -6,000,000 46 6,000,001 -6,500,000 27 6,500,001 -7,000,000 31 7,000,001 -7,500,000 10
0 0
NA
NA*
Falsecreek Kerrisdale
NA*
50% 25% 38% 56% 23% 29% 27%
30 38 19 33 18 70 19 22 77 64 23 12 2 4
27% 11%
Kitsilano
M ackenzie Heights
5%
M arpole
15%
M ountPleasant Oakridge PointGrey Quilchena SW M arine Shaughnessy South Cam bie South Granvile
NA NA
14
9%
9% 3% 2% 5% 9%
42% 5% 3% 5% 9% 25%
NA NA NA
Southlands University
NA
TOTAL*
564
53
9%
7,500,001 & Greater
125 564
2% 9%
TOTAL*
53
2 Bedroom s & Less 3 to 4 Bedroom s 5 to 6 Bedroom s 7 Bedroom s & M ore
14
1
7%
167 284
26 19
16%
7% 7% 9%
99
7
TOTAL*
564
53
SnapStats®
October Novem ber Variance
Inventory
552
564
2%
Solds
73
53
-27%
Sale Price
$3,103,500 $3,185,000 3%
Sale Price SQFT
$1,145
$1,107
-3%
Sale to ListPrice Ratio 98%
100%
2%
Days on M arket
19
31
63%
*Sales Ratio suggests m arkettype and speed (ie Balanced 12-20% .)Referto YTD reports forsustained periods.If>100% M LS® data reported previous m onth’s sales exceeded currentinventorycount.
M arketSum m ary
• M arketType Indicator W ESTSIDE DETACHED :Buyers M arketat9% Sales Ratio average (9 in 100 hom es seling rate) • Hom es are seling on average 100% oflistprice • M ostActive Price Band**$2.25 m ilto $2.5 m ilwith average 56% Sales Ratio (Selers m arket) • Buyers BestBet**Hom es between $4.5 m ilto $5 m il,Shaughnessyand up to 2 bedroom s /m inim um 5 bedroom properties • Selers BestBet**Seling hom es in Kerrisdale,Quilchena and 3 to 4 bedroom properties **W ith m inim um inventoryof10 in m ostinstances
SALE PRICE
INVENTORY
SOLDS
$3,660,000 $3,515,000 $3,759,000 $3,600,000
$3,665,000 $3,550,000
13 M onth M arketTrend
$3,393,000 $3,460,000
$3,395,000
$3,205,000
$3,103,500 $3,185,000
$3,050,000
708
667
658
644
621
619
602
575
564
552
534
500
455
121
101
98
92
83
79
73
70
63
57
54
53
47
NOV
DEC
JAN
FEB
M AR
APR
M AY
JUN
JUL
AUG
SEP
OCT
NOV
Com plim ents of...
Ariane Benjam in ProperlyHom es 604.779.1500
arianebenjam in.com
ariane@ arianebenjam in.com
© 2010-2022 SnapStats® Publishing Co.Alrights reserved.No partofthis publication m aybe reproduced,copied,posted on the internetorforwarded in anyprinted orelectronic form atwithoutwriten perm ission.This reportdata was captured on Decem ber1,2022 from the RealEstate Board ofGreaterVancouverM LS® .Referto ourYTD reports forsustained periods ofthe Sales Ratio % .The accuracyand com pleteness ofthe inform ation is notguaranteed.In providing this inform ation SnapStats® orAriane Benjam in do notassum e anyresponsibilityorliability.M ore info atsnap-stats.com .
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