August 2018 - Market News
Source: Real Estate Board of Greater Vancouver
Residential Detached Statistics for
North Vancouver
|
JULY 2018 |
JULY 2017 |
- % Increase - |
Gross Sales |
$ 88,511,800 |
$ 161,071,593 |
-45% |
Units Listed |
130 |
163 |
-20% |
Units Sold |
51 |
81 |
-37% |
Sold- Year to Date |
453 |
672 |
-32% |
Avg Price/Unit |
$ 1,735,525 |
$ 1,988,538 |
-12% |
Active Listings |
425 |
322 |
31% |
Benchmark Price |
$ 1,675,200 |
$ 1,716,800 |
-2.4% |
Price Index (HPI) |
262.0 |
268.5 |
-2.4% |
West Vancouver
|
JULY 2018 |
JULY 2017 |
- % Increase - |
Gross Sales |
$ 98,611,000 |
$ 126,176,550 |
-21% |
Units Listed |
144 |
150 |
-24% |
Units Sold |
32 |
41 |
-21% |
Sold- Year to Date |
200 |
348 |
-42% |
Avg Price/Unit |
$ 3,081,593 |
$ 3,077,476 |
0% |
Active Listings |
576 |
488 |
18% |
Benchmark Price |
$ 2,916,300 |
$ 3,180,000 |
-8.3% |
Price Index (HPI) |
275.3 |
300.2 |
-8.3% |
Vancouver West
|
JULY 2018 |
JULY 2017 |
- % Increase - |
Gross Sales |
$ 186,158,505 |
$ 330,075,850 |
-43% |
Units Listed |
184 |
239 |
-23% |
Units Sold |
58 |
74 |
-21% |
Sold- Year to Date |
499 |
706 |
-36% |
Avg Price/Unit |
$ 3,209,629 |
$ 4,460,484 |
-28% |
Active Listings |
804 |
731 |
9% |
Benchmark Price |
$ 3,356,500 |
$ 3,666,200 |
-8.4% |
Price Index (HPI) |
344.6 |
376.4 |
-8.4% |
Benchmark Price: Estimated sale price of a typical property, based on a set of common qualities of homes within each market.
Price Index (HPI): Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales.