In West Vancouver, there were 60 sales in the month of June. The sales to new listings ratio was 38% which represents a balanced market. For June 2021, the sales to total active listings percentage was 13%, an increase from 11% in June 2020. Sales for June 2021 were up by 17 units compared to June 2020.
The West Vancouver listing inventory has increased by 7 homes compared to May 2021. The average price year-to-date (YTD) is up by 29% compared to June 2020. The West Vancouver median price increased by $50,000 from May 2021 to June 2021 ($3,100,000 to $3,150,000).
In North Vancouver, there were 120 sales in the month of June. The sales to new listings ratio was 65% which represents a seller’s market. For June 2021, the sales to total active listings percentage was 48%, an increase from 27% in June 2020. Sales for June 2021 were up by 36 units compared to June 2020.
The North Vancouver listing inventory has decreased by 21 homes compared to May 2021. The average price year-to-date (YTD) is up by 18% compared to June 2020. The North Vancouver median price increased by $50,000 from May 2021 to June 2021 ($1,875,000 to $1,925,000).
NORTH SHORE MARKET
DETACHED HOMES
JUNE
Prepared by:
JOHN JENNINGS
Royal LePage Sussex-John Jennings
