Metro Vancouver

STATS DET VANCOUVER WESTSIDE MARCH 2024 Price Band & Bedroom DETACHED HOUSES Community DETACHED HOUSES SnapStats® Inventory Sales Sales Ratio SnapStats® Inventory Sales Sales Ratio $0 - 800,000 0 0 NA Arbutus 15 2 13% 0 0 NA Cambie 50 4 8% 1 0 NA Dunbar 50 11 22% 0 0 NA Fairview 4 0 NA 0 0 NA Falsecreek 1 0 NA 0 0 NA Kerrisdale 27 5 19% 4 0 NA Kitsilano 36 8 22% 4 2 50% Mackenzie Heights 12 2 17% 20 5 25% Marpole 27 4 15% 18 7 39% Mount Pleasant 6 0 NA 22 5 23% Oakridge 6 0 NA 33 13 39% Point Grey 45 9 20% 58 8 14% Quilchena 18 0 NA 52 9 17% SW Marine 26 1 4% 44 5 11% Shaughnessy 70 5 7% 32 1 3% South Cambie 7 0 NA 5,500,001 - 6,000,000 36 3 8% South Granville 53 9 17% 6,000,001 - 6,500,000 17 1 6% Southlands 30 4 13% 6,500,001 - 7,000,000 21 2 10% University 13 0 NA 7,000,001 - 7,500,000 13 0 NA TOTAL* 496 64 13% 7,500,001 & Greater 121 3 2% TOTAL* 496 64 13%

2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More

22

1

5%

162 224

21 39

13% 17%

88

3

3%

TOTAL*

496

64

13%

SnapStats®

February

March

Variance

Inventory

461

496

8%

Solds

67

64

-4%

Sale Price

$3,600,000 $3,600,000 0%

Sale Price SQFT

$1,259

$1,237

-2% -1%

Sale to List Price Ratio

100% 99%

Days on Market

16

12

-25%

Market Summary

Market Type Indicator WESTSIDE DETACHED: Balanced Market at 13% Sales Ratio average (1.3 in 10 homes selling rate) Homes are selling on average 1% below list price Most Active Price Band** $2.5 mil to $2.75 mil / $3 mil to $3.5 mil with average 39% Sales Ratio (Sellers market) Buyers Best Bet** Homes minimum $7.5 mil, Cambie, SW Marine, Shaughnessy and minimum 7 bedroom properties Sellers Best Bet** Selling homes in Dunbar, Kitsilano, Point Grey and 5 to 6 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$4,035,000

$3,975,000

13 Month Market Trend

$3,670,000

$3,600,000 $3,600,000

$3,509,000

$3,480,000 $3,486,000

$3,402,500 $3,354,000 $3,299,000

$3,175,000

$3,160,000

578

578

561

538

530

529

511

496

478

476

461

424

390

110

95

95

74

70

70

68

67

64

56

54

38

34

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

Compliments of...

Maria Senajova Personal Real Estate Corporation Stilhavn Real Estate Services

VancouverUrbanHomes.com

604.657.1110

maria@vancouverurbanhomes.com

©2010-2024 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on April 2, 2024 from Greater Vancouver REALTORS® MLS database. Refer to our YTD reports for sustained periods of the Sales Ratio %. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Maria Senajova do not assume any responsibility or liability. More info at snap-stats.com.