What's Happening With West Vancouver Condos?
There are currently 120 condominium apartment homes for sale in West Vancouver, ranging in price from $209,800 for a 470 square foot studio home in Ambleside to $8,900,000 for a 3-bedroom, 3,300 square foot waterfront penthouse in Dundarave.
There have been 46 sales in the last 90 days, with the average sale price for a 1-bedroom during that time coming in at $349,843 and the median sale price at $312,500. For 2-bedrooms, the average sale price for that period is $1,037,712 and the median sale price is $824,000. The least expensive sale price so far this year was in May for a 1-bedroom was for a 667 square foot suite in Ambleside for a little under $225,000 and the most expensive so far this year was in May as well for an 894 square foot home in Dundarave for just over $850,000. The least expensive sale price so far this year for a 2-bedroom was in July for a 918 square foot home in Dundarave for $340,000 and the most expensive so far this year was in January for a 3,300 square foot Dundarave home with sweeping ocean views for $5,600,000.
With 31 West Vancouver 1-bedroom condos currently for sale and taking into account 6 sales over the last 3 months, there is currently a 15 month supply of homes, an absorbtion rate of 15. With 71 West Vancouver 2-bedroom homes for sale and taking into account 40 sales over the last 3 months, there is currently a 5 month supply of those homes, an Absorption Rate of 5. The Absorption Rate is the ability of the real estate market to absorb or sell all of the homes 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. This is a snapshot of condo activity in West Vancouver overall and one would want to drill down deeper in individual neighbourhoods where one was interested in purchasing.
Number
of Bedrooms in Current West Vancouver Condominium Homes For Sale:
There are 5 studio homes
There are 31 one (1) bedroom homes
There are 71 two (2) bedroom homes
There are 12 three (3) bedroom homes
There is 1 four (4) bedroom home
Price
Range of Current West Vancouver Condominium Homes For Sale:
There are currently 36 two-bedroom homes priced under $750,000 in West Vancouver and 13 one-bedroom homes priced under
$400,000.
$ < 100,000 - 0 homes
$ 100,000 - $200,000 - 0 homes
$ 200,000 - $300,000 – 9
$ 300,000 - $350,000 – 2
$ 350,000 - $400,000 – 7
$ 400,000 - $450,000 – 6
$ 450,000 - $500,000 – 8
$ 500,000 - $550,000 – 5
$ 550,000 - $600,000 – 8
$600,000 - $650,000 - 3
$650,000 - $700,000 - 10
$700,000 - $750,000 - 4
$750,000 - $800,000 – 6
$800,000 - $850,000 - 4
$850,000 - $900,000 - 1
$ 900,000 - $950,000 – 2
$950,000 - $1 million - 4
$ 1 - 1.1 million – 4
$ 1.1 - 1.2 million – 4
$ 1.2 - 1.3 million – 1
$ 1.3 - 1.4 million – 3
$ 1.4 - 1.5 million – 4
$ 1.5 - 1.75 million – 2
$ 1.75 - 2.0 million – 7
$ 2.0 - 2.5 million – 0
$ 2.5 - 3.0 million – 0
$ 3.0 - 4.0 million – 3
$ 4.0 - 5.0 million – 5
$ 5.0 - 6.0 million – 0
$ 6.0 - 7.0 million – 0
$ 7.0 - 10.0 million – 1
West
Vancouver Condominium Homes For Sale By Community:
Altamont - 0
homes for sale
Ambleside – 45
Bayridge – 0
British Properties – 0
Canterbury – 0
Caulfeild – 0
Cedardale – 3
Chartwell – 0
Chelsea Park – 0
Cypress – 0
Cypress Park Estates – 4
Deer Ridge - 2
Dundarave – 29
Eagle Harbour –0
Eagleridge – 0
Furry Creek – 0
Gleneagles – 0
Glenmore – 0
Horseshoe Bay – 4
Howe Sound – 0
Lions Bay – 0
Olde Caulfeild – 0
Panorama Village – 6
Park Royal – 19
Queens – 0
Rockridge – 0
Sandy Cove – 0
Sentinel Hill – 2
Upper Caulfeild – 0
West Bay – 0
Westhill – 0
Westmount – 0
Whitby Estates – 6
Whytecliff - 0