| In West Vancouver, there were 53 sales in the month of December. The sales to new listings ratio was 120% which represents a strong seller’s market. For December 2020, the sales to total active listings percentage was 18%, an increase from 8% in December 2019. Sales for December 2020 were up by 25 units compared to December 2019.
The West Vancouver listing inventory has decreased by 71 homes compared to November 2020. The average price year-to-date (YTD) is up by 5% compared to December 2019. The West Vancouver median price decreased by $20,000 from November 2020 to December 2020 ($2,800,000 to $2,780,000). In North Vancouver, there were 81 sales in the month of December. The sales to new listings ratio was 152% which represents a strong seller’s market. For December 2020, the sales to total active listings percentage was 62%, an increase from 29% in December 2019. Sales for December 2020 were up by 25 units compared to December 2019. The North Vancouver listing inventory has decreased by 66 homes compared to November 2020. The average price year-to-date (YTD) is up 8% compared to December 2019. The North Vancouver median price decreased by $60,000 from November 2020 to December 2020 ($1,785,000 to $1,725,000).
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Prepare by:
Royal LePage Sussex-John Jennings
