Panorama Village, West Vancouver Condo Market Report – July 2021

In July 2021, the Panorama Village, West Vancouver condo real estate market is classified as a Balanced Market with an absorption rate of 12%. The market in Panorama Village, West Vancouver is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

3 condo properties sold in Panorama Village, West Vancouver during July 2021 based on MLS® records. There were 25 active listings at the start of the month. A total of 2 new listings came to market during the month.

The average condo sold price in Panorama Village, West Vancouver in July 2021 was $1,046,433. Sold prices ranged from $1,039,300 to $1,050,000. Data is sourced from MLS® board records.

In July 2021, condo properties in Panorama Village, West Vancouver averaged 98 days on the market before selling. With an absorption rate of 12%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average condo sold price in Panorama Village, West Vancouver in July 2021 was $1,046,433, down 13.5% year-over-year compared to July 2020 ($1,210,000). Sales volume was up 50% compared to the same month last year. Data is sourced from MLS® sold records.