Vancouver Real Estate Market Update Reports / West Vancouver Real Estate Market Update forecast Reports

   The West Vancouver Housing Market Forecasts and Trends

 


 West Vancouver Real Estate Market Reports and Forecasts   Previous Report  

West Vancouver Market Update  (Detached)
British Properties, Lions Bay, Ambleside, Caulfeild, Eagle Harbour and all the sub-areas of West Vancouver Real Estate Market Update Report.

What are West Vancouver's Best and Worst Investments?

Apr 1, 2018

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Current:  West Vancouver is in a Buyers Market with 5 %SOLD rate, 40 days on the market (DOM) and with a 94% selling discount of $196,500 off the original list price.   

Most Active Range: Homes above $2 mill. have 21.7 %SOLD rate. 
Least Active Range: Homes between $5 mill. - $5.8 mill. have 1.6 %SOLD rate.

History: The West Vancouver Year-To-Date Home Price Index HPIp (Top 50%)  HPIp* shows that prices decreased $430,001.
                   The West Vancouver Year-To-Date Home Price Index HPIp (Lower 50%)  HPIp* shows that prices increased $14,068.
                 *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: West Vancouver has average Listing supply; 440 homes are for sale and with the 5 %SOLD monthly rate gives us a ~20 months of inventory. 3% of the active listings have reduced their price by $266,007 on average and $200,000 on median for the last month. We project West Vancouver to be a continued Buyer's market.


March's Real Estate Statistics shows 48% of Vancouver's Detached Markets decreased values this last month. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price decrease of $2,135 which is a slight improvement over the $3,340 decrease that we saw in the month prior. On the Average Fraser Valley continues to show a stronger Market with their $10,681 monthly increase, which is even more than the $8,381 increase that we saw in the month prior. With many new foreign buyer taxes, the much tougher mortgage lending rules, the higher interest rates, pending trade tariffs, we are forecasting the beginning of Buyer's Market across most Detached Markets.

Currently, most of the Condo and Townhouse Markets are hot, and we are seeing higher sales prices across the Greater Vancouver (Lower Mainland). 89% of the Townhouse Markets are currently increasing (25 out of 28 Markets). There is a Notable difference between the top 50% of the attached markets which are stabilizing over the much stronger bottom 50% of the markets which can see multiple offers. We are forecasting a continued Seller's Market in the lower end Condo/Townhouse Markets for the following months. We analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighbourhood.

 


   Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

 

   We invite you to analyze your home value/investment in 30+ market areas by inputting your previous purchase price and date in the Evaluator below! See "Evaluator / Forecaster" movie for directions. To see your homes monthly price changes from now on, just email your report to yourself. (3 bars link to email function)

 

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Single Family Detached High End .. more than $3,750,000       

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              你的房屋价值 ,利润, 投资收益率知多少?


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Calculate Your Home Value & Compare Your ROI to 130 Local & World Markets. 
           

 
 
 
 
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We thank Bill Coughlin for his support of these West Vancouver Real Estate Updates which include sub-areas such as Ambleside, British Properties, Caulfeild, Eagle Harbour, Lions Bay etc. Contact Bill as the Local Expert.... more details.

 Eagle Harbour, Lions Bay, Ambleside, British Properties, Caulfeild etc. real esate updates are available in these West Vancouver reports

 Eagle Harbour, Lions Bay, Ambleside, British Properties, Caulfeild etc. real esate updates are available in these West Vancouver reports

 Eagle Harbour, Lions Bay, Ambleside, British Properties, Caulfeild etc. real esate updates are available in these West Vancouver reports

 Eagle Harbour, Lions Bay, Ambleside, British Properties, Caulfeild etc. real esate updates are available in these West Vancouver reports

Download the full WestVancouver.Marketupdatereport.PDF

These West Vancouver Real Estate update includes the sub areas Ambleside, British Properties, Caulfeild, Eagle Harbour, Lions Bay,  etc.

These West Vancouver Real Estate update includes the sub areas Ambleside, British Properties, Caulfeild, Eagle Harbour, Lions Bay,  etc.

These West Vancouver Real Estate update includes the sub areas Ambleside, British Properties, Caulfeild, Eagle Harbour, Lions Bay,  etc.

These West Vancouver Real Estate update includes the sub areas Ambleside, British Properties, Caulfeild, Eagle Harbour, Lions Bay,  etc.

These West Vancouver Real Estate update includes the sub areas Ambleside, British Properties, Caulfeild, Eagle Harbour, Lions Bay,  etc.

This West Vancouver Real Estate Market update includes the sub areas Eagle Harbour, Lions Bay, Ambleside, British Properties, Caulfeild etc.

 

Click Image to compare previous STR/ MTI graphs            Trying to do the math? Lessons:  STR   MTI 

Ladner, South Delta, Real Estate Market Update Report

 

 West Vancouver           Real Estate Market Analysis Reports

This is the most accurate  %SOLD-Monthly Sell Through Rates (STR Graph)  using a 4 week time period to analysis the housing prices and Market trends. This Market Report is derived from the exact Sat to Friday 4 week time periods and this is dramatically more accurate than the month to month comparisons that vary based on actual working days eg month, weekends. These trends enable Real Estate Market predictions and forecast outlooks.

 

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

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