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North Shore Real Estate Update


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Blog by John Jennings | July 8th, 2020


In West Vancouver, there were 43 sales in the month of June. The sales to new listings ratio was 29% which represents a buyer’s market. For June 2020, the sales to total active listings percentage was 11%, an increase from 5% in June 2019. Sales for June 2020 were up by 13 units compared to June 2019.

The West Vancouver listing inventory has increased by 46 homes compared to May 2020. The average price year-to-date (YTD) is down by 5% compared to June 2019. The West Vancouver median price increased by $152,500 from May 2020 to June 2020 ($2,042,500 to $2,195,000).

In North Vancouver, there were 84 sales in the month of June. The sales to new listings ratio was 44% which represents a balanced market. For June 2020, the sales to total active listings percentage was 27%, an increase from 19% in June 2019. Sales for June 2020 were up by 2 units compared to June 2019.

The North Vancouver listing inventory has increased by 42 homes compared to May 2020. The average price year-to-date (YTD) is up 3% compared to June 2019. The North Vancouver median price increased by $138,500 from May 2020 to June 2020 ($1,565,000 to $1,703,500).

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Prepared by: 

John@JohnJennings.com