In West Vancouver, there were 29 sales in the month of January. The sales to new listings ratio was 21% which represents a buyer’s market. For January 2021, the sales to total active listings percentage was 9%, an increase from 6% in January 2020. Sales for January 2021 were up by 8 units compared to January 2020.
The West Vancouver listing inventory has increased by 19 homes compared to December 2020. The average price year-to-date (YTD) is up by 21% compared to January 2020. The West Vancouver median price increased by $250,000 from December 2020 to January 2021 ($2,780,000 to $3,030,000).
In North Vancouver, there were 45 sales in the month of January. The sales to new listings ratio was 51% which represents a seller’s market. For January 2021, the sales to total active listings percentage was 35%, an increase from 11% in January 2020. Sales for January 2021 were up by 21 units compared to January 2020.
The North Vancouver listing inventory has decreased by 2 homes compared to December 2020. The average price year-to-date (YTD) was marginally lower compared to January 2020. The North Vancouver median price increased by $63,000 from December 2020 to January 2021 ($1,725,000 to $1,788,000).
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Prepared by:
John Jennings
Royal LePage Sussex-John Jennings
604-790-1900
[email protected]
johnjennings.com
Twitter: @johnjenningswv
Facebook: www.facebook.com/westvancouverrealestate
