Park Royal, West Vancouver Condo Market Report – December 2020

Park Royal is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Park Royal based on MLS® data.

← November 2020 Next month →
3
Units Sold
$966,600
Avg Sold Price
61d
Avg Days on Market
Buyer's Market
Market Condition
53 active at start of month 2 new listings Absorption rate: 5.7% Highest sold: $1,219,900 Lowest sold: $760,000

How Does December 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
December 2020 (this report) 3 $966,600 61d
November 2020 month prior 1 +200% $700,000 +38.1% 11d +454.5%

3-Year Price Trend — Park Royal, West Vancouver Condo

The Park Royal, West Vancouver condo real estate market was a Buyer's Market in December 2020, with 53 active listings at the start of the month, 3 properties sold, an average sold price of $966,600, properties averaging 61 days on market, an absorption rate of 5.7%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Park Royal, West Vancouver specialist
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Frequently Asked Questions — Park Royal, West Vancouver December 2020

In December 2020, the Park Royal, West Vancouver condo real estate market is classified as a Buyer's Market with an absorption rate of 5.7%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/04/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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