West Vancouver (WV) 2024 apartment sales accounted for 31% of WV’s residential property sales in contrast to 49% in North Vancouver. Of the 641 WV 2024 residential property sales, detached homes accounted for 62%, apartments 31% and townhomes 7%. WV 2024 year-end residential sale totals were similar to 2023; 641 versus 633 respectively.
Both West Vancouver and North Vancouver apartment prices experienced substantial gains in 2006 and 2007, 2016 and 2017 in contrast to the past couple of years having modest gains.
Have a look at the infographics below:
Price metrics such as averages, medians, or HPI’s can’t tell us precisely what the value of any specific property is at any point in time but metrics are typically most useful for telling us what the trend of price change is heading.
When it comes to knowing the “true” value of any property, that there’s only one “true” price in the market: the price someone is willing to pay you!
