Market Report·March 2024
Panorama Village Real Estate Market
West Vancouver · Source: Greater Vancouver REALTORS® (GVR)
Buyer's Market
Active Listings
18
Currently listed
Avg. Days on Market
12
Days to sell
Sales/Active Ratio
1.0%
>20% = seller's market
HPI Benchmark Prices — March 2024
Detached
$3.20M
HPI Benchmark
Townhouse
$1.55M
HPI Benchmark
Apartment
$1.35M
HPI Benchmark
Composite HPI Benchmark
$1.45M
Panorama Village, West Vancouver — March 2024
What This Data Means for You
Panorama Village continues to be one of the most sought-after neighbourhoods in West Vancouver. Detached homes are benchmarked at $3.20M, with condos at $1.35M. Homes are selling in an average of 12 days, and the sales-to-active ratio of 1.0% indicates a buyer's market.
Benchmark prices reflect the HPI (Home Price Index) as published monthly by Greater Vancouver REALTORS® (GVR). The HPI provides a more stable measure of market trends than average prices by adjusting for changes in the mix of properties sold.
Data source: Greater Vancouver REALTORS® (GVR) — March 2024. Updated monthly. Not intended as professional appraisal advice.
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