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VANCOUVER WEST RESALE MARKET SUMMARY
MLS Resale Highlights
Total listings and resales have increased by 70 and five, respectively, when compared to the Fourth Quarter of 2022
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The average time a unit is on the market has decreased for Low Rise and Townhome product by 13 and 71 days, respectively, but increased for High Rise product by 34 days when compared to the Fourth Quarter of 2022
Average price per square foot sales values for High Rise and Townhome units have increased by $34 and $45, respectively, while Low Rise units decreased by $27 over the past four quarters
Two bedroom High Rise and Low Rise product saw a decrease of $4 and $99, respectively, in average price per square foot sales value when compared to four quarters ago
The sales range has decreased by $21,000 on the lower end and by $66,000 on the higher end when compared to the Fourth Quarter of 2022 for High Rise product
The Townhomes sales range has increased by $89,000 on the lower end but decreased by $212,678 on the higher-end over the past four quarters
