{"id":656,"date":"2021-11-16T19:53:24","date_gmt":"2021-11-17T00:53:24","guid":{"rendered":"https:\/\/www.filerwelch.com\/blog\/?p=656"},"modified":"2021-11-30T12:45:48","modified_gmt":"2021-11-30T17:45:48","slug":"west-vancouver-houses-balanced-condos-townhomes-sellers-market-october-2021","status":"publish","type":"post","link":"https:\/\/www.filerwelch.com\/blog\/west-vancouver-houses-balanced-condos-townhomes-sellers-market-october-2021\/","title":{"rendered":"Houses Saw Calm, while Condos & Townhomes Moved in West Vancouver in October 2021"},"content":{"rendered":"

Houses moved at a balanced 16% sales ratio across West Vancouver<\/a>, but some neighbourhoods & price ranges had exceptionally higher activities than the average. While the average sale price per house dropped by 11% ($2.9M to $2.6M, approximately) the days on market reduced from 37 to 21 days in October, compared to September. Attached properties (condos<\/a> & townhomes<\/a>) had much faster movement at 38% selling ratio, with very little average price or DOM (Days on Market) changes compared to the previous month.<\/p>\n

Mid-range prices most popular in West Vancouver Houses<\/a><\/h4>\n

Properties priced $2M to $2.75M in West Vancouver<\/a> had the strongest movement with a 63.6% sales ratio, while those priced at $2.75M to $3.5M<\/a> dropped to a 19.4% sales ratio. There were some off-the-chart micro price bands too; West Vancouver homes between $1.25M to $1.5M<\/a> sold off at 100%, while $2m to $2.25M flew off\u00a0 the shelves at 167%<\/a>. Conversely, there were only two homes sold at over $5M price range in West Vancouver<\/a> in October 2021.<\/p>\n

Fastest Moving Neighbourhoods in West Vancouver for Detached Homes<\/a><\/h4>\n

Park Royal<\/a> & Cedardale<\/a> had an above-100% sales ratio, although it represents only 5 homes sold with 4 new listings added in October 2021. Lion\u2019s Bay<\/a> & Horseshoe Bay <\/a>saw 7 homes sold with 9 added for a 77.8% sales ratio. Higher volume sales occurred in British Properties<\/a> with 10 homes moving resulting in a sale ratio of 15%, and Ambleside followed closely with 8 sales for a slightly higher 19% sales ratio.<\/a><\/p>\n

Most Popular Price Bands Among West Vancouver Attached Homes (Townhomes & Condos)<\/a><\/h4>\n

West Vancouver condos priced between $600k to $1M saw 60% sales ratio<\/a>, while condos priced $1M to $1.5M saw an even higher 69.2% sales ratio.<\/a> As of the time of writing this article (mid November) there are only condos for sale in West Vancouver in the above mentioned price ranges and no townhomes.<\/p>\n

West Vancouver Condo\/Townhome Sales Concentrated Concentrated in Small Pockets<\/a><\/h4>\n

Only 24 attached properties traded hands in West Vancouver during the month of October 2021, and a handful of communities led the charge, as the majority of condo\/townhome developments are clustered in specific pockets here. Park Royal, Ambleside and Dundarave<\/a> saw 15 homes trade hands with 44 new listings for a sale ratio of 34.1%. There were the odd sales in Furry Creek, Cypress Park Estates, Panorama Ridge<\/a> and some other areas of West Vancouver, but very low on both volume & inventory.<\/p>\n

To get a detailed list of what sold and for how much in West Vancouver last month, please contact the Baxter & Welch team now!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Houses moved at a balanced 16% sales ratio across West Vancouver, but some neighbourhoods & price ranges had exceptionally higher activities than the average. While the average sale price per … [read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,1,31],"tags":[161,48,38,164,40,177,144,51,139,7,87,23,39,55],"class_list":["post-656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","category-real-estate-news","category-real-estate-statistics","tag-ambleside","tag-attached-homes","tag-condos","tag-cypress","tag-detached-homes","tag-dundarave","tag-houses","tag-north-shore","tag-park-royal","tag-real-estate","tag-real-estate-agent","tag-real-estate-news","tag-townhomes","tag-west-vancouver"],"yoast_head":"\nHouses Saw Calm, while Condos & Townhomes Moved in West Vancouver in October 2021 -<\/title>\n<meta name=\"description\" content=\"Attached properties moved at 38% while detached homes moved at 16%. 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