North Vancouver November homes for sale and home sales were up +10% and 0.0% respectively, from same month in 2023. In contrast, the one-year change for condos was up +26.3% and +34.5% and townhomes, +4.5% and -0.1%. The MLS HPI Benchmark Price one-year change for all residential properties did not change much; homes -1.5%, condos…
West Vancouver detached homes and condo activity has been trending pretty much in ‘buyer market territory’ and ‘balanced market conditions’, respectively, the past twelve months. November home sales totaled 32, predominately in Ambleside, Lions Bay and Caulfeild where as November condos sales totaled 11 of which 9 were in Ambleside, 1 in Park Royal and…
October North Vancouver home sales totaled 76 of which 8 were in Canyon Heights neighborhood, 7 in Edgemont, 7 in Lynn Valley, 7 in Seymour and 6 in Upper Lonsdale. One-year change in homes sales shows an increase +25.4%, +8.2% for condos and +5.9% for townhomes.. More details on market activity for all NV property…
North Vancouver September 2024 active listing totals were up and sales totals down for all property compared to same month in 2023. 18/46 NV house sales were in the $1,500,000-$1,999,999 range and 21 in the $2,000,000-$2,999,999 range in contrast to 49/71 November condo sales were in the $400,000-$899,999 range and 18 in the $900,000-$1,499,000 range.…
If you are wondering what’s going on with North Vancouver residential property prices, your definitely not the only one! With so much information out there for buyers and sellers, it is hard to figure out your next move. Find a ‘snapshot’ below to help clear things up and show you what’s really happening! For this…
Our real estate board, GVR, just released West Vancouver May stats for residential properties. This includes detached homes, condos and townhomes! May homes sale totals were down -17.1% from the same month a year ago and inventory totals up +21.7%. The MLS® HPI Benchmark Price this May was $3,346,200, up +7.9% from May 2023’s $3,101,900.…
Recent local real estate board data at the end of November, shows West Vancouver Residential Composite* Benchmark Price down -1.3% from a year ago, and North Vancouver up +6%. *all properties including single family dwellings, townhomes and apartment/condos In all housing markets, there are often, predictable ebbs and flows that happen each year. It’s…
Our real estate board reports that residential property sales in West Vancouver was down approximately 34% and 13% from sales recorded in 2021 and 2020 respectively. Last year’s sales total was approximately 25% below the 10-year sales average. This sale activity trend was similar to North Vancouver. “The headline story in our market in 2022…
Recent Real Estate Board of Greater Vancouver (REBGV) stats release shows that residential property sales in North Vancouver was down, not unlike West Vancouver, approximately 32% and 10% from sales recorded in 2021 and 2020 respectively. Last year’s sales total was approximately 9% below the 10-year sales average. “Closing out 2022, the data show…
Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months. In West Vancouver, for all property types, the sales-to-active listings ratio (SAR) for November is 5%.…
