MVR Stats

VANCOUVER W ESTSIDE

NOVEM BER 2022

Price Band & Bedroom CONDOS & TOW NHOM ES

Com m unity CONDOS & TOW NHOM ES

SnapStats® $0 – 300,000

Inventory Sales

Sales Ratio

SnapStats®

Inventory Sales

Sales Ratio

0 0 8

0 1 2 9

NA

Arbutus Cam bie Dunbar Fairview

0

0

NA

300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

NA*

83 18 74 87 40 84

11

13%

25% 47% 35% 27% 13% 17% 31% 17%

0

NA

19 43 63 71 58

27 14

36% 16% 13% 24% 18% 80% 14% 25% 13% 11% NA 7%

15 17 10 26 17 9

Falsecreek Kerrisdale

5

Kitsilano

20

M ackenzie Heights

1

0

1,000,001 – 1,250,000 83 1,250,001 – 1,500,000 102 1,500,001 – 1,750,000 79 1,750,001 – 2,000,000 71 2,000,001 – 2,250,000 34 2,250,001 – 2,500,000 29 2,500,001 – 2,750,000 15 2,750,001 – 3,000,000 15 3,000,001 – 3,500,000 10 3,500,001 – 4,000,000 6 4,000,001 – 4,500,000 1 4,500,001 – 5,000,000 1

M arpole

66

12

M ountPleasant Oakridge PointGrey Quilchena SW M arine Shaughnessy South Cam bie South Granvile

5

4 4 4 1 1 1 3 2 0

7 3 3 2 0 2 0 1 0 0 0

9% 4% 9% 7%

29 16 15

8 9

NA

13%

47 30

6% 7%

NA

17%

Southlands University

2

NA

NA NA NA

98

15

15% 17%

TOTAL*

712

124

5,000,001 & Greater

4

TOTAL*

712

124

17%

0 to 1 Bedroom 2 Bedroom s 3 Bedroom s

173 345 170

37 63 22

21% 18% 13%

4 Bedroom s & Greater 24

2

8%

TOTAL*

712

124

17%

SnapStats®

October Novem ber Variance

Inventory

720 134

712 124

-1% -7% -2% -2% 19%

Solds

Sale Price

$941,750 $995,000 6%

Sale Price SQFT

$1,053

$1,038

Sale to ListPrice Ratio 99%

97%

Days on M arket

16

19

*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 ATTACHED :Balanced M arketat17% Sales Ratio average (1.7 in 10 hom es seling rate) • Hom es are seling on average 3% below listprice • M ostActive Price Band**$500,000 to $600,000 with average 47% Sales Ratio (Selers m arket) • Buyers BestBet**Hom es between $1.75 m ilto $2 m il,Quilchena,South Cam bie,South Granvile and m inim um 4 bedroom properties • Selers BestBet**Seling hom es in Fairview and up to 1 bedroom properties **W ith m inim um inventoryof10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$995,000 $1,010,000

$995,000

$985,000 $958,400 $969,500

13 M onth M arketTrend

$936,000 $949,950

$919,950

$909,000 $875,000 $911,500 $941,750

763

750

744

720

712

695

680

675

646

611

599

542

463

344

265

263

264

239

200

186

183

171

163

134

124

114

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 .