January 2019 - Market News
Source: Real Estate Board of Greater Vancouver
Residential Detached Statistics for
North Vancouver
|
DECEMBER 2018 |
DECEMBER 2017 |
- % Increase - |
Gross Sales |
$ 82,442,014 |
$ 137,957,579 |
-40% |
Units Listed |
33 |
47 |
-29% |
Units Sold |
41 |
70 |
-41% |
Sold- Year to Date |
674 |
1,048 |
-35% |
Avg Price/Unit |
$ 2,010,780 |
$ 1,970,822 |
2% |
Active Listings |
291 |
210 |
38% |
Benchmark Price |
$ 1,542,200 |
$ 1,679,700 |
-8.2% |
Price Index (HPI) |
241.2 |
262.7 |
-8.2% |
West Vancouver
|
DECEMBER 2018 |
DECEMBER 2017 |
- % Increase - |
Gross Sales |
$ 60,083,333 |
$ 122,308,388 |
-50% |
Units Listed |
47 |
35 |
34% |
Units Sold |
15 |
30 |
-50% |
Sold- Year to Date |
328 |
509 |
-29% |
Avg Price/Unit |
$ 4,005,555 |
$ 4,076,946 |
-1% |
Active Listings |
438 |
405 |
8% |
Benchmark Price |
$ 2,674,700 |
$ 3,093,200 |
-13.5% |
Price Index (HPI) |
252.5 |
292.0 |
-13.5% |
Vancouver West
|
DECEMBER 2018 |
DECEMBER 2017 |
- % Increase - |
Gross Sales |
$ 100,351,871 |
$ 126,193,288 |
-20% |
Units Listed |
71 |
72 |
-1% |
Units Sold |
33 |
36 |
-8% |
Sold- Year to Date |
705 |
1,058 |
-23% |
Avg Price/Unit |
$ 3,040,965 |
$ 3,505,369 |
-13% |
Active Listings |
652 |
616 |
5% |
Benchmark Price |
$ 3,135,400 |
$ 3,556,100 |
-11.8% |
Price Index (HPI) |
321.9 |
365.1 |
-11.8% |
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.