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West Vancouver Condominium Apartment Statistics

condo pic for condo prices blog.jpg

There are currently 36 condominium apartment homes for sale in West Vancouver, ranging in price from $298,000 for a 660 square foot 1-bedroom co-op in Ambleside to $7,498,000 for a 3-bedroom, 3,886 square foot waterfront home in Dundarave.

There have been 71 sales in the last 90 days, with the average sale price for a 1-bedroom during that time coming in at $546,667 and the median sale price at $482,500. For 2-bedrooms, the average sale price for that period is $1,077,945 and the median sale price is $841,500.  The least expensive sale price for a 1-bedroom in 2016 so far was in February for a 660 square foot co-op home in Ambleside for $229,000 and the most expensive was in January for an 1,042 square foot home in Dundarave for $1,322,000.  The least expensive sale price in 2016 so far for a 2-bedroom was in March for an 823 square foot home in Ambleside for $406,000 and the most expensive was in May for a 1,877 square foot waterfront home in Dundarave for $3,400,000.

With 6 West Vancouver 1-bedroom condos currently for sale and taking into account 18 sales over the last 3 months, there is currently a 1 month supply of homes, an absorption rate of 1.  With 22 West Vancouver 2-bedroom homes for sale and taking into account 62 sales over the last 3 months, there is currently just over a 1 month supply of those homes, an Absorption Rate of 1.  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 is 1 studio home
There are 6 one (1) bedroom homes
There are 22 two (2) bedroom homes
There are 5 three (3) bedroom homes
There are 0 four (4) bedroom homes

Price Range of Current West Vancouver Condominium Homes For Sale:
There are currently 5 two-bedroom homes priced under $750,000 in West Vancouver and 1 one-bedroom home priced under $400,000.
$ < 100,000 - 0 homes
$ 100,000 - $200,000 -  0  homes
$ 200,000 - $300,000 – 0
$ 300,000 - $350,000 – 0
$ 350,000 - $400,000 – 1
$ 400,000 - $450,000 – 1
$ 450,000 - $500,000 – 0
$ 500,000 - $550,000 – 0
$ 550,000 - $600,000 – 1
$600,000 - $650,000 - 0
$650,000 - $700,000 - 6
$700,000 - $750,000 - 1
$750,000 - $800,000 – 2
$800,000 - $850,000 - 1
$850,000 - $900,000 - 2
$ 900,000 - $950,000 – 0
$950,000 - $1 million - 1
$ 1 - 1.1 million – 3
$ 1.1 - 1.2 million – 1
$ 1.2 - 1.3 million – 3
$ 1.3 - 1.4 million – 0
$ 1.4 - 1.5 million – 1
$ 1.5 - 1.75 million – 1
$ 1.75 - 2.0 million – 1
$ 2.0 - 2.5 million – 1
$ 2.5 - 3.0 million – 1
$ 3.0 - 4.0 million – 5
$ 4.0 - 5.0 million – 0
$ 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 – 8
Bayridge – 0
British Properties – 0
Canterbury – 0
Caulfeild – 0
Cedardale – 2
Chartwell – 0
Chelsea Park – 0
Cypress – 0
Cypress Park Estates – 2
Deer Ridge - 6
Dundarave – 6
Eagle Harbour –0
Eagleridge – 0
Furry Creek – 0
Gleneagles – 0
Glenmore – 0
Horseshoe Bay – 0
Howe Sound – 0
Lions Bay – 0
Olde Caulfeild – 0
Panorama Village – 5
Park Royal – 8
Queens – 0
Rockridge – 0
Sandy Cove – 0
Sentinel Hill – 2
Upper Caulfeild – 0
West Bay – 0
Westhill – 0
Westmount – 0
Whitby Estates – 1
Whytecliff - 0

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