{"id":720,"date":"2021-12-20T19:30:56","date_gmt":"2021-12-21T00:30:56","guid":{"rendered":"https:\/\/www.filerwelch.com\/blog\/?p=720"},"modified":"2022-01-30T21:23:26","modified_gmt":"2022-01-31T02:23:26","slug":"west-vancouver-detached-houses-real-estate-market-report-november-2021","status":"publish","type":"post","link":"https:\/\/www.filerwelch.com\/blog\/west-vancouver-detached-houses-real-estate-market-report-november-2021\/","title":{"rendered":"Detached houses movement in West Vancouver in November 2021"},"content":{"rendered":"

Balanced Market for Detached Houses in West Vancouver in November<\/h4>\n

West Vancouver had a balanced market for detached houses in November. It, along with Vancouver Westside<\/a>, were the few places in Vancouver to not have a sellers market for detached homes in November across Metro Vancouver. Richmond<\/a>, East Vancouver<\/a> and North Vancouver<\/a> were all sellers markets.<\/p>\n

Only 1 Sale of a Detached Home Made Below $1.5m in West Vancouver<\/h4>\n

In West Vancouver in November only one detached home sold below $1.5m<\/a>. It sold in the $900,000- $1,000,000 price band<\/a>. Only three homes were added to inventory below $1.5m, resulting in a sales ratio of 33% for these price bands.<\/p>\n

One Detached Home Sale Made Above $5m, Despite Huge Inventory.<\/h4>\n

There was only one sale over the $5m range. In fact it was above $7.5m<\/a>, leaving a gap in the $5m-$7.5m range<\/a>.\u00a0 Despite only one home being sold, there was a huge amount of new inventory added. 151 new homes were added to the inventory, giving a cumulative sales ratio of 0.7%. The top 4 fastest moving price bands of houses in West Van were:<\/p>\n

    \n
  1. West Vancouver houses between $2.5m-$2.75m made 10 sales with a sales ratio of 71%<\/a><\/li>\n
  2. West Vancouver houses between $2.25m-$2.5m made 6 sales with a sales ratio of 40%<\/a><\/li>\n
  3. West Vancouver houses between $4m-$4.5m made 6 sales with a sales ratio of 24%.<\/a><\/li>\n
  4. West Vancouver houses between $3m-$3.5m made 6 sales with a sales ratio of 22%.<\/a><\/li>\n<\/ol>\n

    Two Neighbourhoods with Highest Sales In West Vancouver for Detached Homes<\/h4>\n

    There were two notably high selling neighbourhoods in West Vancouver<\/a>, in comparison to the others. The two highest selling neighbourhoods in November were Ambleside selling 12 homes with a sales ratio of 50%,<\/a> and Dundarave selling 4 with a sales ratio of 17%<\/a>. Sales were very modest in most other neighbourhoods<\/a>, with a total average sales ratio coming in at only 12%.<\/p>\n

    British Properties Had a Large Amount of New Inventory Added, but Low Sales.<\/h4>\n

    64 new houses were added to the inventory in British Properties.<\/a> This is the highest by far of all neighbourhoods in West Vancouver, the next being Chartwell with 34.<\/a> Despite lots of new inventory, the total sales was 3, giving it a sales ratio of only 5%.<\/p>\n

    To Learn More about Which Detached Homes Sold in West Vancouver in November<\/h4>\n

    Please contact the Filer and Welch team<\/a> to get more details on which detached homes sold for how much, and where they were.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Balanced Market for Detached Houses in West Vancouver in November West Vancouver had a balanced market for detached houses in November. It, along with Vancouver Westside, were the few places … [read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,1],"tags":[161,212,213,40,177,144,7,87,23,191,55],"class_list":["post-720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-info","category-real-estate-news","tag-ambleside","tag-british-properties","tag-chartwell","tag-detached-homes","tag-dundarave","tag-houses","tag-real-estate","tag-real-estate-agent","tag-real-estate-news","tag-vancouver-westside","tag-west-vancouver"],"yoast_head":"\nWest Vancouver's Detached Home Sales in November 2021<\/title>\n<meta name=\"description\" content=\"Discover which two neighbourhoods had the highest sales, and which neighbourhood had a very large amount of inventory added this November.\" \/>\n<meta name=\"robots\" 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