In West Vancouver, there were 41 sales in the month of December. The sales to new listings ratio was 113%, which represents a very strong seller’s market. For December 2021, the sales to total active listings percentage was 14%, a decrease from 18% in December 2020. Sales for December 2021 were down by 12 units compared to December 2020.
The West Vancouver listing inventory has decreased by 67 homes compared to November 2021. The average price year-to-date (YTD) is up by 16% compared to December 2020. The West Vancouver median price increased by $180,000 from November 2021 to December 2021 ($2,700,000 to $2,880,000).
In North Vancouver, there were 56 sales in the month of December. The sales to new listings ratio was 224%, which represents a very strong seller’s market. For December 2021, the sales to total active listings percentage was 67%, an increase from 62% in December 2020. Sales for December 2021 were down by 25 units compared to December 2020.
The North Vancouver listing inventory has decreased by 47 homes compared to November 2021. The average price year-to-date (YTD) is up by 17% compared to December 2020. The North Vancouver median price increased by $98,000 from November 2021 to December 2021 ($2,100,000 to $2,198,000).
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