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West Vancouver, BC

Updated: Aug 2016
House
Median price $1,488,000
Monthly growth 65.70 %
Quarterly trend
Stock on market 0.11%
Apartment
Median price $786,900
Monthly growth 8.09 %
Quarterly trend
Stock on market 0.21%

West Vancouver Home Price

Canada’s national median home listing price this month is $290,900, which means that West Vancouver is in the top 20% for Canada.

The $1,488,000 price tag on the median West Vancouver home means that it is quite highly priced by Canadian standards.

If you’re looking at investment properties in West Vancouver, then you’re most likely to find homes with 3 bedrooms on sale this month.

Is West Vancouver a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Over the last three months in West Vancouver, housing stock available seems to be falling – this could mean that homes values might increase faster.

In Aug the median listed house price of $786,900 in West Vancouver was an impressive compared to the rest of British Columbia.

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.

Across British Columbia West Vancouver has the 36th most properties on offer with 124.

Will prices rise across the next year in in West Vancouver? There are a number of real estate indicators to consider.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in West Vancouver there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Find a mortgage broker in West Vancouver, BC
Beds Median price (House) Median price (Apartment)
1 bedroom $512,000
2 bedrooms $1,099,000 $857,000
3 bedrooms $1,388,000 $1,348,800
4 bedrooms $1,988,000
5 bedrooms $2,542,000
Demographics
  • Population in 201142694
  • Population in 200642131
  • 2006 to 2011 population change (%)1.3
  • Total private dwellings18670
  • Private dwellings occupied by usual residents17074
  • Population density per square kilometre489.3
  • Land area (square km)87.26

Age Characteristics

Total population by age groups 42695
0 to 4 years 1290
5 to 9 years 2030
10 to 14 years 2570
15 to 19 years 3050
15 years 580
16 years 625
17 years 675
18 years 600
19 years 570
20 to 24 years 2380
25 to 29 years 1300
30 to 34 years 1100
35 to 39 years 1600
40 to 44 years 2755
45 to 49 years 3335
50 to 54 years 3575
55 to 59 years 3495
60 to 64 years 3350
65 to 69 years 2910
70 to 74 years 2300
75 to 79 years 1920
80 to 84 years 1780
85 years and over 1965
Median age of the population 49.9
% of the population aged 15 and over 86.2

Marital Status

Total population 15 years and over by marital status 36805
Married or living with a common-law partner 22345
Married (and not separated) 20765
Living common-law 1580
Not married and not living with a common-law partner 14460
Single (never legally married) 8505
Separated 750
Divorced 2340
Widowed 2865

Family Characteristics

Total number of census families in private households 12330
Size of census family: 2 persons 6085
Size of census family: 3 persons 2540
Size of census family: 4 persons 2710
Size of census family: 5 or more persons 990
Total number of census families in private households 12325
Total couple families by family structure and number of children 10815
Married couples 10025
Without children at home 4690
With children at home 5335
1 child 1920
2 children 2470
3 or more children 945
Common-law couples 790
Without children at home 525
With children at home 265
1 child 125
2 children 110
3 or more children 30
Total lone-parent families by sex of parent and number of children 1510
Female parent 1190
1 child 680
2 children 395
3 or more children 120
Male parent 320
1 child 195
2 children 95
3 or more children 30
Total children in census families in private households 12660
Under six years of age 1650
6 to 14 years 4215
15 to 17 years 1820
18 to 24 years 3330
25 years and over 1645
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 42045
Number of persons not in census families 6245
Living with relatives 540
Living with non-relatives only 920
Living alone 4785
Number of census family persons 35800
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 10265
Number of persons not in census families aged 65 years and over 3340
Living with relatives 250
Living with non-relatives only 160
Living alone 2920
Number of census family persons aged 65 years and over 6930
Total number of private households by household type 17075
Census-family households 12025
One-family-only households 11015
Couple-family households 9770
Without children 4775
With children 5000
Lone-parent-family households 1245
Other family households 1010
One-family households with persons not in a census family 720
Couple-family households 550
Without children 150
With children 400
Lone-parent-family households 170
Two-or-more-family households 290
Non-census-family households 5050
One-person households 4785
Two-or-more-person households 260
Total number of occupied private dwellings by structural type of dwelling 17075
Single-detached house 9840
Apartment, building that has five or more storeys 3445
Movable dwelling 5
Other dwelling 3785
Semi-detached house 565
Row house 360
Apartment, duplex 1365
Apartment, building that has fewer than five storeys 1495
Other single-attached house 0
Total number of private households by household size 17075
1 person 4785
2 persons 5720
3 persons 2465
4 persons 2690
5 persons 990
6 or more persons 420
Number of persons in private households 42045
Average number of persons in private households 2.5

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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