Metro Vancouver

VANCOUVER WESTSIDE

FEBRUARY 2024

Price Band & Bedroom CONDOS & TOWNHOMES

Com m unity CONDOS & TOWNHOMES

SnapStats® $0 – 300,000

Inventory Sales

Sales Ratio

SnapStats®

Inventory Sales

Sales Ratio

0 0 6

0 0 3

NA NA

Arbutus Cambie Dunbar Fairview

2

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

96 16 58 67 19 60

13

14% 13% 52% 43% 21% 38% 16% 50% 17% 33% 31% 20% 17% 11% 18% 24% NA NA NA

50% 45% 37% 60% 30% 19% 37% 25% 14%

2

22 41 43 56 58

10 15 26 17 11 30 24 10

30 29

Falsecreek Kerrisdale

4

Kitsilano

23

M ackenzie Heights

2

0

1,000,001 – 1,250,000 81 1,250,001 – 1,500,000 95 1,500,001 – 1,750,000 73 1,750,001 – 2,000,000 86 2,000,001 – 2,250,000 32 2,250,001 – 2,500,000 24 2,500,001 – 2,750,000 18 2,750,001 – 3,000,000 11 3,000,001 – 3,500,000 6 3,500,001 – 4,000,000 0 4,000,001 – 4,500,000 0 4,500,001 – 5,000,000 3

Marpole

82

13

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

4

2 6 3 4 2 0 7 4 0

35

7 4 1 0 1 0 0 0 0 1

8%

9

13%

13 10 42 37 7

4%

NA

9%

NA NA NA NA

Southlands U niversity

0

99

18

TOTAL*

658

160

5,000,001 & Greater

3

33% 24% 33% 24% 18% 11% 24%

TOTAL*

658

160

0 to 1 Bedroom 2 Bedrooms 3 Bedrooms

169 292 178

56 70 32

4 Bedroom s & Greater 19

2

TOTAL*

658

160

SnapStats®

January February Variance

Inventory

610 102

658 160

8%

Solds

57%

Sale Price

$1,029,000 $980,000 -5%

Sale Price SQFT

$1,109

$1,076

-3%

Sale to ListPrice Ratio 96%

98%

2%

Days on M arket

25

15

-40%

*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 currentinventory count.

M arket Sum m ary

• M arketType Indicator W ESTSIDE ATTACHED :Selers M arketat24% Sales Ratio average (2.4 in 10 hom es seling rate) • Hom es are seling on average 2% below listprice • M ostActive Price Band** $700,000 to $800,000 w ith average 60% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $2.25 m ilto $2.5 m il,South Granvile and m inim um 4 bedroom properties • Selers BestBet** Seling hom es in Fairview ,False Creek and up to 1 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$1,070,000

$1,029,000

13 Month M arket Trend

$1,020,000

$980,000

$965,500 $983,000

$962,500

$950,000 $929,000

$946,600 $985,000

$890,000

$877,000

827

787

757

742

687

657

658

622

610

603

563

561

547

274

252

199

191

186

175

160

149

147

132

127

102

92

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

Com plim ents of...

Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services

VancouverUrbanHom es.com

604.657.1110

m aria@ vancouverurbanhom es.com

© 2010-2024 SnapStats® Publishing Co.Al rights reserved.No partofthis publication m ay be reproduced,copied,posted on the internetorforw arded in any printed orelectronic form atw ithoutw riten perm ission.This reportdata w as captured on M arch 1,2024 from GreaterVancouverREALTORS® M LS® .Referto ourYTD reports forsustained periods ofthe Sales Ratio % .The accuracy and com pleteness ofthe inform ation is notguaranteed.In providing this inform ation SnapStats® orM aria Senajova do notassum e any responsibility orliability.M ore info atsnap-stats.com .