MVR Stats

W EST VANCOUVER

NOVEM BER 2022

Price Band & Bedroom DETACHED HOUSES

Com m unity DETACHED HOUSES

SnapStats® $0 -800,000

Inventory Sales

Sales Ratio

SnapStats® Altam ont Am bleside

Inventory Sales

Sales Ratio

0 0 0

0 0 0 0 1 2 1 2 2 2 0 0 2 0 1 3 0 1 0 0 0

NA NA NA NA

14 31

1 2 2 0 0 0 0 1 0 0 4 0 1 1 0 0 1 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 1

7% 6%

800,001 – 900,000 900,001 – 1,000,000

Bayridge

9

22%

1,000,001 – 1,250,000 0 1,250,001 – 1,500,000 0 1,500,001 – 1,750,000 1 1,750,001 – 2,000,000 6 2,000,001 – 2,250,000 6 2,250,001 – 2,500,000 22 2,500,001 – 2,750,000 19 2,750,001 – 3,000,000 36 3,000,001 – 3,500,000 35 3,500,001 – 4,000,000 33 4,000,001 – 4,500,000 27 4,500,001 – 5,000,000 31 5,000,001 – 5,500,000 11 5,500,001 -6,000,000 28 6,000,001 -6,500,000 4 6,500,001 -7,000,000 21 7,000,001 -7,500,000 10

British Properties Canterbury Caulfield Cedardale Chartwel Chelsea Park DeerRidge Dundarave Eagleridge FurryCreek Gleneagles Glenm ore Eagle Harbour Horseshoe Bay Howe Sound Olde Caulfield Panoram a Vilage Park Royal Porteau Cove Rockridge SandyCove SentinelHil UpperCaulfield Queens Cypress Cypress Park Estates Lions Bay

75

NA NA NA NA NA NA

NA*

4

200% *

30

17% 33%

3

25

4%

9%

2

11%

10 15 27 13 0

NA NA

27%

NA

6%

4% 8%

NA

3%

2 4 5 6 2 4 3 3 0 9 2 0 2 8 7 9 2

NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA

27%

NA

20%

25%

10

NA NA NA

7,500,001 & Greater

81

12

8%

TOTAL*

371

17

5%

2 Bedroom s & Less 3 to 4 Bedroom s 5 to 6 Bedroom s 7 Bedroom s & M ore

12

1

8% 6% 3% 3% 5%

154 172

10

5 1

11%

33

TOTAL*

371

17

13

8%

SnapStats®

October Novem ber Variance

Inventory

390

371

-5%

W estBay W esthil W estm ount

Solds

28

17

-39%

Sale Price

$3,096,250 $2,599,900 -16%

10

Sale Price SQFT

$794

$944

19% -2% 48%

W hitbyEstates

Sale to ListPrice Ratio 92%

90%

W hyteclif TOTAL*

50%

Days on M arket

23

34

371

17

5%

*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 EST VANCOUVER DETACHED :Buyers M arketat5% Sales Ratio average (5 in 100 hom es seling rate) • Hom es are seling on average 10% below listprice • M ostActive Price Band**$5 m ilto $5.5 m ilwith average 27% Sales Ratio (Selers m arket) • Buyers BestBet**Hom es between $4.5 m ilto $5 m il,Chartwel,Dundarave and m inim um 5 bedroom properties • Selers BestBet**Seling hom es in Cypress Park Estates and up to 2 bedroom properties **W ith m inim um inventoryof10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

13 M onth M arketTrend

$3,230,000 $3,385,000 $3,063,500

$3,150,000 $3,130,000

$3,096,250

$2,957,500 $3,000,000

$2,880,000 $2,790,000 $2,860,000

$2,728,000

$2,599,900

424

418

408

404

391

390

379

371

351

321

313

266

244

63

58

53

44

43

40

32

31

29

28

28

24

17

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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