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The Latest on West Vancouver Condos

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There are currently 71 condominium apartment homes for sale in West Vancouver, ranging in price from $279,500 for a 548 square foot 1-bedroom home in Ambleside to $8,900,000 for a 3-bedroom, 3,300 square foot waterfront penthouse in Dundarave.

There have been 21 sales in the last 90 days, with the average sale price for a 1-bedroom during that time coming in at $373,333 and the median sale price at $315,000. For 2-bedrooms, the average sale price for that period is $869,964 and the median sale price is $772,500.  The least expensive sale price in 2014 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 was in May as well for an 894 square foot home in Dundarave for just over $850,000.  The least expensive sale price in 2014 for a 2-bedroom was in July for a 918 square foot home in Dundarave for $340,000 and the most expensive was in January for a 3,300 square foot Dundarave home with sweeping ocean views for $5,600,000.

With 15 West Vancouver 1-bedroom condos currently for sale and taking into account 3 sales over the last 3 months, there is currently a 15 month supply of homes, an absorbtion rate of 15.  With 50 West Vancouver 2-bedroom homes for sale and taking into account 14 sales over the last 3 months, there is currently an 11 month supply of those homes, an Absorption Rate of 11.  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 2 studio homes
There are 15 one (1) bedroom homes
There are 50 two (2) bedroom homes
There are 3 three (3) bedroom homes
There is 1 four (4) bedroom home

Price Range of Current West Vancouver Condominium Homes For Sale:
There are currently 16 two-bedroom homes priced under $750,000 in West Vancouver and 4 one-bedroom homes priced under $400,000.
$ < 100,000 - 0 homes
$ 100,000 - $200,000 -  0  homes
$ 200,000 - $300,000 – 2
$ 300,000 - $350,000 – 0
$ 350,000 - $400,000 – 3
$ 400,000 - $450,000 – 3
$ 450,000 - $500,000 – 7
$ 500,000 - $550,000 – 3
$ 550,000 - $600,000 – 1
$600,000 - $650,000 - 2
$650,000 - $700,000 - 3
$700,000 - $750,000 - 5
$750,000 - $800,000 – 3
$800,000 - $850,000 - 3
$850,000 - $900,000 - 4
$ 900,000 - $950,000 – 2
$950,000 - $1 million - 4
$ 1 - 1.1 million – 2
$ 1.1 - 1.2 million – 1
$ 1.2 - 1.3 million – 1
$ 1.3 - 1.4 million – 3
$ 1.4 - 1.5 million – 1
$ 1.5 - 1.75 million – 5
$ 1.75 - 2.0 million – 3
$ 2.0 - 2.5 million – 0
$ 2.5 - 3.0 million – 1
$ 3.0 - 4.0 million – 2
$ 4.0 - 5.0 million – 2
$ 5.0 - 6.0 million – 0
$ 6.0 - 7.0 million – 1
$ 7.0 - 10.0 million – 1

West Vancouver Condominium Homes For Sale By Community:
Altamont -  0 homes for sale
Ambleside – 20
Bayridge – 0
British Properties – 0
Canterbury – 0
Caulfeild – 0
Cedardale – 2
Chartwell – 0
Chelsea Park – 0
Cypress – 0
Cypress Park Estates – 2
Deer Ridge - 1
Dundarave – 23
Eagle Harbour –0
Eagleridge – 0
Furry Creek – 0
Gleneagles – 0
Glenmore – 0
Horseshoe Bay – 1
Howe Sound – 0
Lions Bay – 0
Olde Caulfeild – 0
Panorama Village – 5
Park Royal – 10
Queens – 0
Rockridge – 0
Sandy Cove – 0
Sentinel Hill – 3
Upper Caulfeild – 0
West Bay – 0
Westhill – 0
Westmount – 0
Whitby Estates – 4
Whytecliff - 0

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