{"id":488,"date":"2021-09-08T18:34:47","date_gmt":"2021-09-08T22:34:47","guid":{"rendered":"https:\/\/www.filerwelch.com\/blog\/?p=488"},"modified":"2021-11-11T17:59:34","modified_gmt":"2021-11-11T22:59:34","slug":"demand-for-homes-townhomes-condos-in-vancouver-west-b-c-remains-high","status":"publish","type":"post","link":"https:\/\/www.filerwelch.com\/blog\/demand-for-homes-townhomes-condos-in-vancouver-west-b-c-remains-high\/","title":{"rendered":"Demand For Housing In Vancouver West, B.C. Remains High"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">This past August 2021, the Metro Vancouver housing market was busier than anticipated as homes were in high demand despite typical slower summer trends. The MLS\u00ae has seen a steady decline of housing being listed with an overall high absorption rate for detached homes, townhomes, and condos in the area.\u00a0<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">Benchmark Prices For Vancouver West Detached Homes Remain Highest In Lower Mainland\u00a0<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Detached homes in Vancouver West sold for an average final price of $3,462,200, a 12.2% increase from last August 2020. There were 182 single-family homes listed on the MLS\u00ae, with 75 of those homes selling resulting in a 41.2% sales ratio.\u00a0<\/span><\/p>\n<h5>Browse all detached homes for sale in Vancouver West listed on the MLS\u00ae<\/h5>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/type-House\/max_price-3480000\/page-1\"><span style=\"font-weight: 400;\">Single family homes in Vancouver West for sale under $3.48M<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/type-House\/min_price-3480000\/max_price-5100000\/page-1\"><span style=\"font-weight: 400;\">Single family homes in Vancouver West for sale between $3.48M ~ $5.1M<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/type-House\/min_price-5100000\/page-1\"><span style=\"font-weight: 400;\">Single family homes in Vancouver West for sale over $5.1M<\/span><\/a><\/li>\n<\/ul>\n<h4><span style=\"font-weight: 400;\">Benchmark Prices For Condos In Vancouver West Increased By 3.2%\u00a0<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">This past August, townhomes in Vancouver West sold for an average final sale price of $1,286,600, a 10.7% increase from last year. Vancouver West townhomes were in high demand, with 90 listed on the MLS\u00ae, and 79 of those listings selling, resulting in a 87.8% sales ratio.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Compared to townhomes and detached homes, the supply of condos listed on the MLS\u00ae in Vancouver West this past August was high. The high supply of condos has kept condo prices from rising a significant amount over the past year. Condos in Vancouver West sold for an average final sale price of $825,000,\u00a0 a 3.2% increase from last year. There were 627 condos listed on the MLS\u00ae, with 443 of those listings selling, resulting in a 70.6% sales ratio.<\/span><\/p>\n<h5>Browse all townhomes for sale in Vancouver West listed on the MLS\u00ae<\/h5>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/type-Townhome\/max_price-1280000\/page-1\"><span style=\"font-weight: 400;\">Townhomes in Vancouver West for sale under $1.28M<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/type-Townhome\/min_price-1280000\/max_price-2500000\/page-1\"><span style=\"font-weight: 400;\">Townhomes in Vancouver West for sale between $1.28M ~ $2.5M\u00a0<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/type-Townhome\/min_price-2500000\/page-1\"><span style=\"font-weight: 400;\">Townhomes in Vancouver West for sale over $2.5M<\/span><\/a><\/li>\n<\/ul>\n<h5>Browse all condos for sale in Vancouver West listed on the MLS\u00ae<\/h5>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/type-Condo\/max_price-840000\/page-1\"><span style=\"font-weight: 400;\">Condos in Vancouver West for sale under $840K<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/type-Condo\/min_price-840000\/max_price-1500000\/page-1\"><span style=\"font-weight: 400;\">Condos in Vancouver West for sale between $840K ~ $1.5M<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.filerwelch.com\/listings\/city-Vancouver+West\/type-Condo\/min_price-1500000\/page-1\"><span style=\"font-weight: 400;\">Condos in Vancouver West for sale over $1.5M<\/span><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>This past August 2021, the Metro Vancouver housing market was busier than anticipated as homes were in high demand despite typical slower summer trends. The MLS\u00ae has seen a steady &hellip; [<a href=\"https:\/\/www.filerwelch.com\/blog\/demand-for-homes-townhomes-condos-in-vancouver-west-b-c-remains-high\/\">read more<\/a>]<\/p>\n","protected":false},"author":2,"featured_media":491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,31],"tags":[45,116,93,121,38,119,86,84,117,89,29,105,103,120,49,118,39,36],"class_list":["post-488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-community","category-real-estate-statistics","tag-bc","tag-benchmark","tag-british-columbia","tag-buyers","tag-condos","tag-demand","tag-lower-mainland","tag-metro-vancouver","tag-mls","tag-mls-listings","tag-new-listings","tag-prices","tag-sales-ratio","tag-sellers","tag-single-family-homes","tag-supply","tag-townhomes","tag-vancouver-west"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Demand For Housing In Vancouver West, B.C. 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Discover how the market has changed over the past year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.filerwelch.com\/blog\/demand-for-homes-townhomes-condos-in-vancouver-west-b-c-remains-high\/\" \/>\n<meta property=\"og:site_name\" content=\"Filer &amp; Welch Metro Vancouver Blog\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/FILERWELCH\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-08T22:34:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-11T22:59:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.filerwelch.com\/blog\/wp-content\/uploads\/2021\/09\/shutterstock_366451277-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1709\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Baxter Welch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Baxter Welch\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/demand-for-homes-townhomes-condos-in-vancouver-west-b-c-remains-high\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/demand-for-homes-townhomes-condos-in-vancouver-west-b-c-remains-high\\\/\"},\"author\":{\"name\":\"Baxter Welch\",\"@id\":\"https:\\\/\\\/www.filerwelch.com\\\/blog\\\/#\\\/schema\\\/person\\\/a7733eef4a706681436c99580227ce24\"},\"headline\":\"Demand For Housing In Vancouver West, B.C. 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