Metro Vancouver

VANCOUVER WESTSIDE

APRIL 2024

Price Band & Bedroom CONDOS & TOWNHOMES

Community CONDOS & TOWNHOMES

SnapStats® $0 – 300,000

Inventory

Sales

Sales Ratio

SnapStats®

Inventory

Sales

Sales Ratio

0 0 5

0 0 4

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

116

18

16%

80% 33% 27% 38% 21% 36% 27% 20% 12% 13% 13%

16 88 88 29 86 10 38 11 15 14 58 49 1 9

1

6%

36 63 68 80 75

12 17 26 17 27 32 24 12 13

39 28

44% 32% 21% 36% 15% 60% 13% 45% 20% 21% 11% 10% 12% 14% 22% NA NA

Falsecreek Kerrisdale

6

Kitsilano

31

Mackenzie Heights

0

1,000,001 – 1,250,000 120 1,250,001 – 1,500,000 122 1,500,001 – 1,750,000 101 1,750,001 – 2,000,000 101 2,000,001 – 2,250,000 30 2,250,001 – 2,500,000 25 2,500,001 – 2,750,000 20 2,750,001 – 3,000,000 16 3,000,001 – 3,500,000 10 3,500,001 – 4,000,000 1 4,000,001 – 4,500,000 1 4,500,001 – 5,000,000 3

Marpole

101

15

Mount Pleasant Oakridge Point Grey Quilchena SW Marine Shaughnessy South Cambie South Granville

6 5 5 3 3 1 6 6 0

4 2 1 1 1 0 1 0 0

8% 5% 6%

10%

NA

Southlands University

0

100%

148 879

21

NA NA

TOTAL*

194

5,000,001 & Greater

2

TOTAL*

879

194

22%

0 to 1 Bedroom

250 401 205

65 92 35

26% 23% 17%

2 Bedrooms 3 Bedrooms

4 Bedrooms & Greater

23

2

9%

TOTAL*

879

194

22%

SnapStats®

March

April 879 194

Variance

Inventory

706 181

25%

Solds

7%

Sale Price

$1,008,000 $984,000 -2%

Sale Price SQFT

$1,097

$1,070

-2% -2% 10%

Sale to List Price Ratio

101% 99%

Days on Market

10

11

*Sales Ratio suggests market type and speed (ie Balanced 12-20%.) Refer to YTD reports for sustained periods. If >100% MLS® data reported previous month’s sales exceeded current inventory count.

Market Summary

• Market Type Indicator WESTSIDE ATTACHED : Sellers Market at 22% Sales Ratio average (2.2 in 10 homes selling rate) • Homes are selling on average 1% below list price • Most Active Price Band** $700,000 to $800,000 with average 38% Sales Ratio (Sellers market) • Buyers Best Bet** Homes between $2.5 mil to $3 mil, Dunbar and minimum 4 bedroom properties • Sellers Best Bet** Selling homes in Fairview, Mount Pleasant, Point Grey and up to 1 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$1,070,000

$1,029,000

13 Month Market Trend

$1,020,000

$980,000 $1,008,000 $984,000

$965,500 $983,000

$962,500

$946,600 $985,000

$890,000

$877,000

879

827

787

757

742

706

687

657

658

622

610

603

547

274

252

199

194

191

181

175

160

149

147

132

102

92

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

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 May 1, 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.