West Vancouver Single Family Home Update

September 26, 2011

There are currently 478 single family homes for sale in West Vancouver ranging in price from $729,000 for a 3 bedroom home on Passage Island to $39,000,000 for an 11 bedroom, 29,770 square foot mansion on a 5.44 acre lot at 2190 Camelot Road.

There have been 325 sales since June 1st, with the average sale price during that time coming in at $2,344,259 and the median sale price being $1,930,000. The least expensive sale price so far this year was for a 3-bedroom west coast contemporary in Lions Bay for a little under $630,000 and the most expensive so far this year was for a 6-bedroom, 10,000 square foot beauty in Caulfeild with stunning views, for a little under $11,000,000.

With 478 West Vancouver homes currently for sale and taking into account 69 sales last month, there is currently a 7 month supply of homes, meaning the Absorption Rate is 7.0. The Absorption Rate is the ability of the real estate market to absorb or sell all of the houses for sale in a given amount of time. A supply of 3 months or less (a.k.a. an absorption rate of 3 or less) generally favours sellers and a supply of 6 months or more generally favours buyers. This is a snapshot of West Vancouver overall and one would want to drill down a little deeper in individual neighbourhoods where one was interested in purchasing.

Number of Bedrooms in Current West Vancouver Homes For Sale:
There are 0 one (1) bedroom homes
There are 17 two (2) bedroom homes
There are 107 three (3) bedroom homes
There are 172 four (4) bedroom homes
There are 108 five (5) bedroom homes
There are 56 six (6) bedroom homes
There are 10 seven (7) bedroom homes
There are 2 eight (8) bedroom homes
There are 1 nine (9) bedroom homes
There are 0 ten (10) bedroom homes
There are 0 eleven (11) bedroom homes

There are currently 33 homes priced under $1 million in West Vancouver.

West Vancouver Homes For Sale By Community:
Altamont – 17 homes for sale
Ambleside – 49
Bayridge – 19
British Properties – 61
Canterbury – 9
Caulfeild – 34
Cedardale – 6
Chartwell – 14
Chelsea Park – 4
Cypress – 10
Cypress Park Estates – 14
Deer Ridge – 1
Dundarave – 27
Eagle Harbour – 27
Eagleridge – 6
Furry Creek – 16
Gleneagles – 11
Glenmore – 16
Horseshoe Bay – 7
Howe Sound – 12
Lions Bay – 33
Olde Caulfeild – 3
Panorama Village – 1
Park Royal – 4
Queens – 14
Rockridge – 4
Sandy Cove – 3
Sentinel Hill – 12
Upper Caulfeild – 2
West Bay – 11
Westhill – 6
Westmount – 16
Whitby Estates – 5
Whytecliff – 6
.

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