In West Vancouver, there was 10.4 months of inventory (MOI). This represents a buyer’s market based on MOI. Last month there was 9.4 months of inventory. The sales to new listings percentage was 28%, which represents a buyer’s market. The first quarter of 2024 had 92 sales compared to the first quarter of 2023 which had 81 sales.
In North Vancouver, there was 3.2 months of inventory. This represents a seller’s market based on MOI. Last month there was 4 months of inventory. The sales to new listings percentage was 56%, which represents a seller’s market. The first quarter of 2024 had 135 sales compared to the first quarter of 2023 which had 130 sales.
Prepared by: John Jennings
Royal LePage Sussex-John Jennings
