Why is Vancouver’s West End condo average sale price still dropping? Because the condos that are currently selling the best are those at the bottom of the market, so that reduces the average sale price. In July there were only 2 of the 21 sales that sold over $500,000. Average sale price clocked in at $486,777 compared to $ 584,373 a year ago. Current price was first reached in Feb’07 and has been roller-coastering since then. Fantastic opportunity for buyers!
Sales to active ratio sits at 20, up from 17 a year ago. Days on the market are 52, up from 31 a year ago. Read more