Blog by Michael Giesbrecht

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West Vancouver Houses For Sale

Mansion ii for blog

There are currently 484 single family homes for sale in West Vancouver, ranging in price from $525,000 for a 2-bedroom home on Passage Island to $25,000,000 for a 6-bedroom, 7,700 square foot home in Caulfeild.

There have been 268 sales in the last 90 days, with the average sale price during that time coming in at $2,744,446 and the median sale price being $2,300,000. The least expensive sale price this year was for a 3-bedroom home in Lions Bay for $725,000 in March and the most expensive was for a building lot on Stearman Beach with 100 feet of level oceanfront for $9,450,000 in January.

With 484 West Vancouver homes currently for sale and taking into account 97 sales last month, there is currently about a 5-month supply of homes, meaning the Absorption Rate is 5.  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 is 1 one (1) bedroom home
There are 11 two (2) bedroom homes
There are 64 three (3) bedroom homes
There are 161 four (4) bedroom homes
There are 133 five (5) bedroom homes
There are 84 six (6) bedroom homes
There are 18 seven (7) bedroom homes
There are 5 eight (8) bedroom homes
There is 1 nine (9) bedroom home



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