The sales ratio of detached houses in Vancouver Westside in December 2021 increased slightly to 17% in December of 2021, compared to 16% in November of 2021. The steeper decline in new inventory compared to sales drove the slight increase in the ratio despite lower net transactions of 79 compared to 98 in November.
The Most Popular Price Band for Houses in Vancouver Westside in December 2021
Single Family Homes in Vancouver Westside priced between $1.75M to $2.25M saw the highest ratios of sales at 166%, although it was derived from only 5 sales. Other notably popular price bands for sales ratios were:
- Vancouver West Houses Priced $2.25M to $2.75M (54% with 12 listings sold)
- Vancouver West Houses Priced $3.50M to $4M (41% with 20 listings sold)
- Vancouver West Houses Priced $2.75M to $3M (35% with 7 listings sold)
Fastest Moving Vancouver Westside Neighbourhood for in December 2021
The most active neighbourhoods by sales ratios in Van West were not the same as the busiest neighbourhoods with the highest net sales in December. Quichena, South Cambie & Kerrisdale single family homes led for sales ratios with a combined 34%, with 14 listings sold. Dunbar, Point Grey & South Granville detached houses were the leaders for net sales with 30 homes trading hands – more than a third of all houses sold in Vancouver Westside in December.
Compared to the much higher sales ratios of condos and townhomes sold across Vancouver this month, the detached houses market saw a balanced market. The luxury segment of houses saw many listings added with very low sales. There were 176 detached houses listed at $6 million or higher in Vancouver West in December 2021, many of them (if not all) being worth a glance.
Get more Insight on Which Houses Sold (and did not) in Vancouver Westside Last Month
Contact Ken & Samantha for a more detailed report on Vancouver Westside’s detached houses movement in the last month of 2021. We’d love to explore great opportunities with you.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.