<<< back to article list

North Shore Real Estate Update


  • +1

Blog by John Jennings | October 2nd, 2019


In West Vancouver, there were 35 sales in the month of September. The sales to new listings ratio was 21% which represents a buyer’s market. For September 2019, the sales to total active listings percentage was 7%, which is an increase from the 4% from September 2018. Sales for September 2019 were up by 10 units compared to September 2018.

The West Vancouver listing inventory has decreased by 48 homes compared to September 2018. The average price year-to-date (YTD) is down by 9% compared to September 2018. The West Vancouver median price decreased by $235,000 from August 2019 to September 2019 ($2,485,000 to $2,250,000).

In North Vancouver, there were 59 sales in the month of September. The sales to new listings ratio was 34% which represents a buyer’s market. For September 2019, the sales to total active listings percentage was 17%, an increase from 9% in September 2018. Sales for September 2019 were up by 18 units compared to September 2018.

The North Vancouver listing inventory has decreased by 114 homes compared to September 2018. The average price year-to-date (YTD) is down 8% compared to September 2018. The North Vancouver median price increased by $80,000 from August 2019 to September 2019 ($1,495,000 to $1,575,000).

thumb

Prepared by:
John Jennings
Royal LePage Sussex-John Jennings