West Vancouver Single Family Home Update
There are currently 448 single family homes for sale in West Vancouver ranging in price from $348,000 for a 1-bedroom cabin situated on Passage Island to $22,800,000 for a 7-bedroom, 13,000 square foot mansion on a 2 acre estate in Caulfeild.
There have been 136 sales in the last 90 days, with the average sale price during that time coming in at $2,532,419 and the median sale price being $2,200,000. The least expensive sale price so far this year was for a 4-bedroom home in Lions Bay for $690,000 in January and the most expensive so far this year was for a 4-bedroom, 4,500 square foot waterfront home in Cypress with stunning views, for a little over $8,000,000 in February.
With 448 West Vancouver homes currently for sale and taking into account about 45 homes selling per month over the last 3 months, there is currently a 10-month supply of homes, meaning the Absorption Rate is 10. The Absorption Rate is the ability of the real estate market to absorb or sell all of the houses for sale in a given amount of time. A supply of 3 months or less (a.k.a. an absorption rate of 3 or less) generally favours sellers and a supply of 6 months or more generally favours buyers. In between sits a balanced market. This is a snapshot of West Vancouver overall and one would want to drill down a little deeper in individual neighbourhoods where one was interested in purchasing.
Number
of Bedrooms in Current West Vancouver Homes For Sale:
There are 4 one (1) bedroom homes
There are 15 two (2) bedroom homes
There are 77 three (3) bedroom homes
There are 136 four (4) bedroom homes
There are 120 five (5) bedroom homes
There are 70 six (6) bedroom homes
There are 21 seven (7) bedroom homes
There are 3 eight (8) bedroom homes
There are 1 nine (9) bedroom homes
Price
Range of Current West Vancouver Homes For Sale:
There are currently 22 homes priced under $1 million in West Vancouver.
$ < 100,000 - 0 homes
$ 100,000 - $200,000 - 0 homes
$ 200,000 - $300,000 – 0
$ 300,000 - $400,000 – 1
$ 400,000 - $500,000 – 0
$ 500,000 - $600,000 – 3
$ 600,000 - $700,000 – 3
$ 700,000 - $800,000 – 3
$ 800,000 - $900,000 – 3
$ 900,000 - $1,000,000 – 9
$ 1 - 1.1 million – 3
$ 1.1 - 1.2 million – 15
$ 1.2 - 1.3 million – 12
$ 1.3 - 1.4 million – 20
$ 1.4 - 1.5 million – 17
$ 1.5 - 1.75 million – 28
$ 1.75 - 2.0 million – 38
$ 2.0 - 2.5 million – 65
$ 2.5 - 3.0 million – 61
$ 3.0 - 4.0 million – 63
$ 4.0 - 5.0 million – 32
$ 5.0 - 6.0 million – 23
$ 6.0 - 7.0 million – 21
$ 7.0 - 10.0 million – 16
> $10 million – 16
West
Vancouver Homes For Sale By Community:
Altamont - 27 homes for sale
Ambleside – 46
Bayridge – 8
British Properties – 85
Canterbury – 5
Caulfeild – 31
Cedardale – 6
Chartwell – 20
Chelsea Park – 1
Cypress – 7
Cypress Park Estates – 11
Deer Ridge – 1
Dundarave – 23
Eagle Harbour – 20
Eagleridge – 4
Furry Creek – 9
Gleneagles – 12
Glenmore – 8
Horseshoe Bay – 6
Howe Sound – 10
Lions Bay – 18
Olde Caulfeild – 2
Panorama Village – 1
Park Royal – 1
Queens – 16
Rockridge – 6
Sandy Cove – 1
Sentinel Hill – 19
Upper Caulfeild – 7
West Bay – 8
Westhill – 5
Westmount – 9
Whitby Estates – 11
Whytecliff - 4