May 2022 West Vancouver Update: Fastest Selling Neighbourhoods and Home Types

Condos and Townhomes in West Vancouver Sales Lower 

West Vancouver Condos and townhome sales in May were fairly low compared to the other Vancouver areas. These condos and townhomes in West Vancouver had a 19% sales ratio from 108 new listings and 21 sales. Condo and townhome real estate in West Vancouver were limited to a small number of neighbourhoods, here is what their sales looked like: 

In both Cedardale and Whitby Estates, condos and townhomes sold at a 33% sales ratio (9 total new listings, 3 total sales). Ambleside, Park Royal and Dundarave had the most new listings, bringing to market a total of 71 new listings and 17 sales (24% sales ratio). 

One bedroom condos and townhomes in West Vancouver are selling the best this month, with a 41% sales ratio from 22 new listings and 9 sales. On the other hand, 3 bedroom condos and townhomes are experiencing a slow market with only a 4% sales ratio from 23 new listings and only 1 sale.

Single Family Homes in West Vancouver

Single family homes in West Vancouver also experienced lower sales, generating a 11% sales ratio in May from 408 new listings and only 44 sales. The fastest selling neighbourhoods were Eagle Ridge and Gleneagle, bringing in 10 new listings and 7 sales (70% sales ratio). British Properties brought in the most new listings with 86 total new listings and only 8 sales in may (9%sales ratio)

$3M Homes Are Getting the Most Action in West Vancouver

$3M – $3.5M homes in West Vancouver sold at a 28% sales ratio, this was the fastest selling in the area. The next-fastest selling homes were priced $2.5 – $2.75M, bringing in 33 new listings and 8 sales (24% sales ratio). 

Want to Explore More About the Real Estate Movement in West Vancouver?

Talk to Ken & Samantha to get more details which houses, townhomes & condos sold (and which did not) recently.