VANCOUVER WEST SIDE MARKET UPDATE - SEPTEMBER 2018
Sales and the average sale price trended down in September as listings increased.
Listings are now on par with August 2015.
Demand for luxury condos (over $3M) has been on the decline, with only 2 sales in September, down 66% from a year ago.
Condo sales between $2M and $3M have declined 23% from a year ago
Condo sales between $1M and $2M are down 40% from a year ago.
Total condo sales are down 48% from a year ago.
West Side condo listings are 62% higher than a year ago.
AVERAGE SALE PRICE - $970.000, up 1.8% from a year ago.
Overall sale price hit an all time high at $1.198.000 in Jan'18
Best Selling Price Range
townhomes $1.2M-$1.3M and $1.5M to $1.6M
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