
{"id":803,"date":"2022-01-30T23:04:26","date_gmt":"2022-01-31T04:04:26","guid":{"rendered":"https:\/\/www.filerwelch.com\/blog\/?p=803"},"modified":"2022-02-25T12:49:28","modified_gmt":"2022-02-25T17:49:28","slug":"condo-townhomes-sellers-market-west-vancouver-december-2021","status":"publish","type":"post","link":"https:\/\/www.filerwelch.com\/blog\/condo-townhomes-sellers-market-west-vancouver-december-2021\/","title":{"rendered":"West Vancouver Condos\/Townhomes Sales in December 2021"},"content":{"rendered":"<p>The condos &amp; townhomes (attached homes) market had a much higher sales ratio than <a href=\"https:\/\/www.filerwelch.com\/blog\/west-vancouver-detached-single-family-houses-real-estate-movement-report-december-2021\/\">detached houses sales in West Vancouver in December<\/a>. While the total number of transactions (only 20) wasn\u2019t very high compared to other condo-dense areas such as <a href=\"https:\/\/www.filerwelch.com\/blog\/condos-townhome-sales-report-mount-pleasant-collingwood-hot-december-2021\/\">East Vancouver<\/a>, <a href=\"https:\/\/www.filerwelch.com\/blog\/vancouver-west-condo-townhome-sales-report-december-2021\/\">Vancouver Westside<\/a> and <a href=\"https:\/\/www.filerwelch.com\/blog\/condos-townhomes-real-estate-sales-in-downtown-vancouver-december-2021\/\">Downtown Vancouver<\/a>, the sales ratio was an impressive 56%, solidifying a sellers market status.<\/p>\n<h4>Price Bands of West Vancouver Condos\/Townhomes that Sold, and Those That Did Not<\/h4>\n<p><a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/type-Condo\/max_price-1000000\/page-1\">West Vancouver townhomes\/condos priced under $1M<\/a> were snapped up at a rapid 62% sales ratio with 13 units trading hands in December of 2021. <a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/type-Condo\/min_price-1000000\/max_price-2000000\/page-1\">Attached homes priced $1M to $2M in West Vancouver<\/a> went even faster at 78% sales ratio with 7 sales. <a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/type-Townhome\/min_price-2000000\/max_price-2500000\/page-1\">West Vancouver townhomes<\/a> and <a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/type-Condo\/min_price-2000000\/max_price-2500000\/page-1\">condos priced $2M to $2.5M<\/a> had 5 sales with only 2 listings added for an outlier sales ratio of 250%. <a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/type-Condo\/min_price-2500000\/page-1\">West Vancouver condos<\/a> &amp; <a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/type-Townhome\/min_price-2500000\/page-1\">townhomes priced $2.5M and higher<\/a> had 14 units added with no sales.<\/p>\n<h4>Two Neighbourhoods Dominated Condo\/Townhome Sales in West Vancouver<\/h4>\n<p>Most of West Vancouver\u2019s inventory of condos &amp; townhomes are concentrated in a few small pockets while the majority of its neighbourhoods are known for their single family homes (often luxurious and expensive). Unsurprisingly, most of the attached homes sales in West Vancouver came from these areas this month. In West Vancouver, <a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/area-Ambleside;Dundarave\/type-Condo\/page-1\">Dundarave &amp; Ambleside condos<\/a> &amp; <a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/area-Ambleside;Dundarave\/type-Townhome\/page-1\">townhomes<\/a> posted 15 of the 20 sales in December, while <a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/area-Panorama+Village\/type-Condo\/page-1\">Panorama Village condos\/townhomes<\/a> posted 4 sales, and <a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/area-Park+Royal\/type-Condo\/page-1\">Park Royal Condos<\/a>\/<a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/area-Park+Royal\/type-Townhome\/page-1\">Townhomes<\/a> added 1. <a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/area-Cedardale;Furry+Creek;Whitby+Estates\/type-Condo\/page-1\">Whitby Estates, Cedardale, Furry Creek condos<\/a>\/<a href=\"https:\/\/www.filerwelch.com\/listings\/city-West+Vancouver\/area-Cedardale;Furry+Creek;Whitby+Estates\/type-Townhome\/page-1\">townhomes<\/a> added 5 units but no sales.<\/p>\n<h4>New Condos Proposed At Park Royal, West Vancouver<\/h4>\n<p>While Park Royal has had very little activity for condos &amp; townhome sales last month, that may change in the future. Since <a href=\"https:\/\/www.shopparkroyal.com\/redevelopment\/\">the Park Royal Shopping Mall has been redeveloped<\/a>, many new higher-density residential buildings are being planned\/proposed:<\/p>\n<ul>\n<li aria-level=\"1\"><a href=\"https:\/\/www.urbanyvr.com\/park-royal-south-west-van-residential\/\">Gateway Residences Proposed For 103 Market Units and 6,800 sqft of commercial space in Park Royal South<\/a><\/li>\n<li aria-level=\"1\"><a href=\"https:\/\/www.nsnews.com\/local-news\/proposed-eight-storey-89-unit-development-in-west-vancouver-moves-to-public-hearing-4334938\">Executive Group\u2019s bid to rezone 657 and 675 Marine Drive and 660 Clyde Avenue in Park Royal for an 89-unit residential building<\/a><\/li>\n<\/ul>\n<h4>Find Out More About Which Areas Moved Slowest (or None At All) in West Vancouver<\/h4>\n<p><a href=\"https:\/\/www.filerwelch.com\/contact\">Contact the Filer &amp; Welch Team now to get a more comprehensive report<\/a> on detached houses movement in West Vancouver in December 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Condos &#038; Townhomes moved at 56% sales ratio. 75% of the sales were dominated by just two neighbourhoods &#8211; can you guess which two that was? [<a href=\"https:\/\/www.filerwelch.com\/blog\/condo-townhomes-sellers-market-west-vancouver-december-2021\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[161,249,246,38,248,177,238,247,204,244,139,251,203,7,250,39,37,55,245],"class_list":["post-803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-news","tag-ambleside","tag-buildings","tag-cedardale","tag-condos","tag-development","tag-dundarave","tag-furry-creek","tag-high-density","tag-loft","tag-panorama-village","tag-park-royal","tag-park-royal-shopping-centre","tag-penthouse","tag-real-estate","tag-towers","tag-townhomes","tag-vancouver","tag-west-vancouver","tag-whitby-estates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>West Vancouver Condos\/Townhomes Sales in December 2021 - Filer &amp; Welch Metro Vancouver Blog<\/title>\n<meta name=\"description\" content=\"While the sales count was low, the sales ratio was high for attached homes in West Vancouver. 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