In West Vancouver, the sales to new listings percentage was 46% for the month of April compared to 47% in April 2009.  The 46% for April 2010 represents a balanced market.  Sales for April 2010 were up by 32 units compared to April 2009.  Also, the West Vancouver listing inventory has dropped by 5 homes compared to last year for the same month.  The average price year to date (YTD) was up 19% compared to April 2009.  There were 8 sales over 4 million dollars in April compared to 2 sales over 4 million dollars in March of this year.  There were 195 new listings of houses in the month of April which is well above the average number of listings for a typical month in West Van.

 In North Vancouver, the sales to new listings percentage was 44% for the month of April compared to 72% in April 2009.  The 44% for April 2010 represents a balanced market.  Sales for April 2010 were up by 12 units compared to April 2009.  In addition, the North Vancouver listing inventory has increased by 76 homes compared to last year for the same month.  The average price year to date (YTD) was up 18% compared to April 2009.  There were 275 new listings of houses in the month of April which is well above the average number of listings for a typical month in North Van.

Thanks!

John      

John Jennings

Prudential Sussex Realty-John Jennings

604-790-1900

john@johnjennings.com

www.johnjennings.com