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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