NORTH SHORE REAL ESTATE UPDATE SEPTEMBER 2006
In West Vancouver, we had 49 detached home sales for the month of September. This is a 33% decrease compared to the number of sales for September 2005. For the first three quarters of the year we have sold 22 fewer homes than we did in the first three quarters of 2005. The inventory of homes for sale in West Van has increased 19% from the same month last year.
The YTD average price for West Vancouver increased from $1,534,812 at the end of August to $1,547,865 at the end of September.
The median price for a West Vancouver house decreased from $1,500,000 in August 2006 to $1,285,000