In West Vancouver, there were 80 sales in the month of April. The sales to new listings ratio was 35% which represents a balanced market. For April 2021, the sales to total active listings percentage was 19%, an increase from 6% in April 2020. Sales for April 2021 were up by 58 units compared to April 2020.
The West Vancouver listing inventory has increased by 62 homes compared to March 2021. The average price year-to-date (YTD) is up by 32% compared to April 2020. The West Vancouver median price increased by $310,000 from March 2021 to April 2021 ($2,890,000 to $3,200,000).
In North Vancouver, there were 183 sales in the month of April. The sales to new listings ratio was 69% which represents a seller’s market. For April 2021, the sales to total active listings percentage was 81%, an increase from 15% in April 2020. Sales for April 2021 were up by 145 units compared to April 2020.
The North Vancouver listing inventory has increased by 22 homes compared to March 2021. The average price year-to-date (YTD) is up by 18% compared to April 2020. The North Vancouver median price increased by $25,000 from March 2021 to April 2021 ($1,910,000 to $1,935,000).
Prepared by:
John Jennings
Royal LePage Sussex-John Jennings
604-790-1900
[email protected]
johnjennings.com
