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VANCOUVER WEST RESALE MARKET SUMMARY
MLS Resale Highlights
Total listings have increased by 19 while total resales have decreased by 157 when compared to the Fourth Quarter of 2021
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The average time a unit is on the market has decreased for High Rise and Low Rise by 17 and 12 days, respectively while Townhomes increased by 40 days since the Fourth Quarter of 2021
Average price per square foot sales values for High Rise and Low Rise units have increased over the past four quarters by $55 and $155, respectively, while Townhomes units experienced no change
Two bedroom High Rise and Low Rise product saw increases of $65 and $243 in average price per square foot sales values when compared to four quarters ago
The sales range has decreased by $19,000 on the lower end and increased by $86,100 on the higher end since the Fourth Quarter of 2021 for High Rise product
The Townhomes sales range has decreased by $37,000 on the lower end and by $263,800 on the higher-end over the past four quarters