Detached Homes Movement In Vancouver Westside in February 2022
Vancouver Westside houses saw a drastic decrease in average days on market in February, falling to 11 days from 31 days in January.
Vancouver Westside houses saw a drastic decrease in average days on market in February, falling to 11 days from 31 days in January.
Condos and townhomes in Vancouver East brought in the highest sales ratio for all of Vancouver. Browse this month's real estate trends here.
Condos and Townhomes in Fairview and Mount Pleasant saw an abundance of action in the market, performing well above the city average in sales.
Homes in Vancouver Westside in the $1.75M - $3.5M price range attracted most of the total sales with 97 new listings and 37 sales for a total sales ratio of 38%.
These three Vancouver West neighbourhoods, Arbutus, Quilchena & Kerrisdale all performed above the city average in the Westside.
The Cambie Corridor accounted for over 50% of total new listings and sales in Vancouver West. Check out real estate movement for the area!
Vancouver Westside saw a lower sales ratio of 13% in January compared to the previous month. Although this number isn’t as persuasive as the other areas, it is mainly due to a large influx of new inventory above $3.5M with little sales.
East Vancouver condos and townhomes continue to top the ranks in sales for all of Vancouver. The market saw a 53% sales ratio with 316 added to inventory and 167 sold to start out the new year.
Olympic Village sales stats are more complex to dissect as it includes two neighbourhoods - one from Vancouver Westside, and another from East Vancouver. Read our detailed breakdown.
Explore the sales ratio differences between single family homes and condos/townhomes in these core Vancouver West neighbourhoods.