Blog by Michael Giesbrecht

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West Vancouver Condominium Statistics

There are currently 128 condominium apartment homes for sale in West Vancouver, ranging in price from $239,900 for a 710 square foot 1-bedroom home in Cedardale to $8,900,000 for a 3-bedroom, 3,300 square foot waterfront penthouse in Dundarave.

There have been 40 sales in the last 90 days, with the average sale price for a 1-bedroom during that time coming in at $391,500 and the median sale price at $352,000. For 2-bedrooms, the average sale price for that period is $913,175 and the median sale price is $804,500.  The least expensive sale price so far this year 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 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 for a 770 square foot renovated home in Ambleside for a little under $350,000 and the most expensive so far this year was for a 3,300 square foot Dundarave home with sweeping ocean views for over $5,500,000.

With 31 West Vancouver 1-bedroom condos currently for sale and taking into account 8 sales over the last 3 months, there is currently an 11 month supply of homes, an absorbtion rate of 11.  With 78 West Vancouver 2-bedroom homes for sale and taking into account 28 sales over the last 3 months, there is currently an 8 month supply of those homes, an Absorption Rate of 8.  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.  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 6 studio homes
There are 31 one (1) bedroom homes
There are 78 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 43 two-bedroom homes priced under $750,000 in West Vancouver and 19 one-bedroom homes priced under $400,000.
$ < 100,000 - 0 homes
$ 100,000 - $200,000 -  0  homes
$ 200,000 - $300,000 – 10
$ 300,000 - $350,000 – 6
$ 350,000 - $400,000 – 9
$ 400,000 - $450,000 – 5
$ 450,000 - $500,000 – 9
$ 500,000 - $550,000 – 8
$ 550,000 - $600,000 – 8
$600,000 - $650,000 - 3
$650,000 - $700,000 - 11
$700,000 - $750,000 - 6
$750,000 - $800,000 – 5
$800,000 - $850,000 - 2
$850,000 - $900,000 - 5
$ 900,000 - $950,000 – 1
$950,000 - $1 million - 4
$ 1 - 1.1 million – 3
$ 1.1 - 1.2 million – 4
$ 1.2 - 1.3 million – 4
$ 1.3 - 1.4 million – 3
$ 1.4 - 1.5 million – 3
$ 1.5 - 1.75 million – 1
$ 1.75 - 2.0 million – 2
$ 2.0 - 2.5 million – 2
$ 2.5 - 3.0 million – 1
$ 3.0 - 4.0 million – 2
$ 4.0 - 5.0 million – 5
$ 5.0 - 6.0 million – 1
$ 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 – 53
Bayridge – 0
British Properties – 0
Canterbury – 0
Caulfeild – 1
Cedardale – 4
Chartwell – 0
Chelsea Park – 0
Cypress – 0
Cypress Park Estates – 3
Deer Ridge - 3
Dundarave – 28
Eagle Harbour –0
Eagleridge – 0
Furry Creek – 0
Gleneagles – 0
Glenmore – 3
Horseshoe Bay – 8
Howe Sound – 0
Lions Bay – 0
Olde Caulfeild – 0
Panorama Village – 9
Park Royal – 19
Queens – 0
Rockridge – 0
Sandy Cove – 0
Sentinel Hill – 0
Upper Caulfeild – 0
West Bay – 0
Westhill – 0
Westmount – 0
Whitby Estates – 4
Whytecliff - 0

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