<<< back to article list

North Shore Real Estate Update February 2019


  • +1

Blog by John Jennings | March 9th, 2019


In West Vancouver, there were 25 sales in the month of February. The sales to new listings ratio was 22% which represents a buyer’s market. For February 2019, the sales to total active listings percentage was 5.3%, which is the same as February 2018. Sales for February 2019 were up by 1 unit compared to February 2018.

The West Vancouver listing inventory has increased by 9 homes compared to February 2018. The average price year-to-date (YTD) is down by 21% compared to February 2018. The West Vancouver median price decreased by $275,000 from January 2019 to February 2019 ($2,300,000 to $2,025,000).

In North Vancouver, there were 37 sales in the month of February. The sales to new listings ratio was 30% which represents a buyer’s market. For February 2019, the sales to total active listings percentage was 11%, a decrease from 20% in February 2018. Sales for February 2019 were down by 21 units compared to February 2018.

The North Vancouver listing inventory has increased by 57 homes compared to February 2018. The average price year-to-date (YTD) is down 2% compared to February 2018. The North Vancouver median price decreased by $156,000 from January 2019 to February 2019 ($1,591,000 to $1,435,000). 

thumb

Prepared by:

John Jennings