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North Shore Real Estate Update


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Blog by John Jennings | September 4th, 2019


In West Vancouver, there were 40 sales in the month of August. The sales to new listings ratio was 37% which represents a balanced market. For August 2019, the sales to total active listings percentage was 8%, which is the same as the 8% from August 2018. Sales for August 2019 were up by 13 units compared to August 2018.

The West Vancouver listing inventory has decreased by 71 homes compared to August 2018. The average price year-to-date (YTD) is down by 8% compared to August 2018. The West Vancouver median price increased by $435,000 from July 2019 to August 2019 ($2,050,000 to $2,485,000).

In North Vancouver, there were 64 sales in the month of August. The sales to new listings ratio was 69% which represents a seller’s market. For August 2019, the sales to total active listings percentage was 19%, an increase from 8% in August 2018. Sales for August 2019 were up by 33 units compared to August 2018.

The North Vancouver listing inventory has decreased by 46 homes compared to August 2018. The average price year-to-date (YTD) is down 8% compared to August 2018. The North Vancouver median price increased by $45,000 from July 2019 to August 2019 ($1,450,000 to $1,495,000).

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Prepared by:
John Jennings
604-790-1900
john@johnjennings.com