West Vancouver Housing Market & Real Estate Trends
The West Vancouver Housing Market charts on this page track West Vancouver Home Prices, sales, inventory, new listings and sales-to-active-listings ratios for detached homes, townhouses and condos. These West Vancouver Market Statistics show how the West Vancouver Real Estate Market is changing and how West Vancouver Real Estate Prices differ across property types.
The West Vancouver Real Estate Market can behave very differently by property type because detached homes, townhouses and condos have distinct price ranges, inventory levels and buyer demand. Review the charts below for current West Vancouver Real Estate Prices, or explore West Vancouver homes for sale to compare active listings with the broader trends shown here. For regional context, watch our monthly Market Statistics videos.
How to Read West Vancouver Market Charts
Interpreting these charts is not difficult, but it might take a few minutes of study the first time you look.
MLS® HPI Price: Indicates the current sale price of a “representative” house, condo or townhouse. The exact number isn’t what’s important here – look at the trends to assess how the market is moving relative to the past three years.
Median Sales Price: The median sales price is the middle price of all homes sold in a specific period. Half of the sales were above this price, and half were below. It reflects the actual prices buyers and sellers agreed on, but it can swing up or down depending on what types of homes happened to sell that month (e.g., more luxury homes or more entry-level units).
Total Inventory: The total number of homes currently listed for sale at the end of the month. This shows how much supply is available in the market. Rising inventory usually signals more selection for buyers, while declining inventory can indicate tightening conditions and increased competition.
New Listings: The number of homes that were newly added to the market during the month. This shows how much fresh supply is entering the market. Higher levels of new listings mean more options for buyers, while lower levels can signal limited selection and increased competition for available homes.
Sales: Sales: The number of homes sold during the month. Sales volume is most useful when compared with active inventory and the sales-to-active-listings ratio, because the number of sales alone does not show the balance between supply and demand.
Sales to Active Ratio: Sales to Active Ratio: The sales-to-active-listings ratio compares monthly sales with the number of active listings and is a useful measure of supply and demand. Greater Vancouver REALTORS® notes that downward pressure on home prices has historically tended to occur when the ratio remains below 12% for a sustained period, while upward pressure has often occurred when it remains above 20% over several months.
Find more in depth reports below.
Where These West Vancouver Stats Come From
Greater Vancouver REALTORS® (GVR) compiles and publishes the data used in the West Vancouver Housing Market charts on this page. The charts track West Vancouver Home Prices through HPI benchmark and median sale-price measures, along with inventory, new listings, sales and sales-to-active-listings ratios for detached homes, townhouses and condos. Together, these West Vancouver Real Estate Statistics provide context for the West Vancouver Real Estate Market without relying on a single month’s price movement.
The charts are generally updated as new monthly data become available. Revisit these West Vancouver Market Statistics to compare West Vancouver Housing Prices and market activity over time.