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The Latest on West Vancouver Single Family Homes

Mansion ii for blog

There are currently 454 single family homes for sale in West Vancouver, ranging in price from $348,000 for a 1-bedroom cabin situated on Passage Island to $25,000,000 for a 6-bedroom, 7,700 square foot mansion on a 1.5 acre estate in Caulfeild.

There have been 190 sales in the last 90 days, with the average sale price during that time coming in at $2,616,299 and the median sale price being $2,180,000. The least expensive sale price so far this year was for a 2-bedroom home on Passage Island for $445,000 in October and the most expensive so far this year was for a 5-bedroom, 6,800 square foot waterfront home in Dundarave for $15,100,000 in June.

With 454 West Vancouver homes currently for sale and taking into account about 63 homes selling per month over the last 3 months, there is currently about a 7-month supply of homes, meaning the Absorption Rate is 7.  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 3 one (1) bedroom homes
There are 11 two (2) bedroom homes
There are 75 three (3) bedroom homes
There are 151 four (4) bedroom homes
There are 116 five (5) bedroom homes
There are 72 six (6) bedroom homes
There are 18 seven (7) bedroom homes
There are 7 eight (8) bedroom homes
There is 1 nine (9) bedroom home

Price Range of Current West Vancouver Homes For Sale:
There are currently 14 homes priced under $1 million in West Vancouver.
$ < 100,000 - 0 homes for sale
$ 100,000 - $200,000 -  0
$ 200,000 - $300,000 – 0
$ 300,000 - $400,000 – 1
$ 400,000 - $500,000 – 0
$ 500,000 - $600,000 – 2
$ 600,000 - $700,000 – 2
$ 700,000 - $800,000 – 3
$ 800,000 - $900,000 – 2
$ 900,000 - $1,000,000 – 4
$ 1 - 1.1 million – 5
$ 1.1 - 1.2 million – 10
$ 1.2 - 1.3 million – 17
$ 1.3 - 1.4 million – 6
$ 1.4 - 1.5 million – 12
$ 1.5 - 1.75 million – 22
$ 1.75 - 2.0 million – 33
$ 2.0 - 2.5 million – 61
$ 2.5 - 3.0 million – 54
$ 3.0 - 4.0 million – 66
$ 4.0 - 5.0 million – 47
$ 5.0 - 6.0 million – 24
$ 6.0 - 7.0 million – 28
$ 7.0 - 10.0 million – 30
> $10 million – 23

West Vancouver Homes For Sale By Community:
Altamont - 22 homes for sale
Ambleside – 41
Bayridge – 14
British Properties – 69
Canterbury – 6
Caulfeild – 23
Cedardale – 4
Chartwell – 28
Chelsea Park – 3
Cypress – 8
Cypress Park Estates – 10
Deer Ridge – 0
Dundarave – 30
Eagle Harbour – 15
Eagleridge – 4
Furry Creek – 9
Gleneagles – 10
Glenmore – 13
Horseshoe Bay – 15
Howe Sound – 16
Lions Bay – 14
Olde Caulfeild – 5
Panorama Village – 2
Park Royal – 1
Porteau Cove – 0
Queens – 13
Rockridge – 11
Sandy Cove – 2
Sentinel Hill – 15
Upper Caulfeild – 7
West Bay – 10
Westhill – 6
Westmount – 13
Whitby Estates – 12
Whytecliff - 6

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