February 2019 - Market News
Source: Real Estate Board of Greater Vancouver
North Vancouver
|
JANUARY 2019 |
JANUARY 2018 |
- % Increase - |
Gross Sales |
$ 63,237,058 |
$ 49,092,762 |
28% |
Units Listed |
171 |
144 |
18% |
Units Sold |
35 |
30 |
16% |
Sold- Year to Date |
35 |
30 |
16% |
Avg Price/Unit |
$ 1,806,773 |
$ 1,636,425 |
10% |
Active Listings |
322 |
239 |
34% |
Benchmark Price |
$1,512,200 |
$1,670,100 |
-9.5% |
Price Index (HPI) |
236.5 |
261.2 |
-9.5% |
West Vancouver
|
JANUARY 2019 |
JANUARY 2018 |
- % Increase - |
Gross Sales |
$ 54,150,000 |
$ 54,799,000 |
-1% |
Units Listed |
160 |
137 |
16% |
Units Sold |
18 |
15 |
20% |
Sold- Year to Date |
18 |
15 |
20% |
Avg Price/Unit |
$ 3,008,333 |
$ 3,653,266 |
-17% |
Active Listings |
446 |
394 |
13% |
Benchmark Price |
$2,622,800 |
$3,099,500 |
-15.4% |
Price Index (HPI) |
247.6 |
292.6 |
-15.4% |
Vancouver West
|
JANUARY 2019 |
JANUARY 2018 |
- % Increase - |
Gross Sales |
$ 111,114,380 |
$ 179,482,646 |
-38% |
Units Listed |
235 |
268 |
-12% |
Units Sold |
34 |
46 |
-26% |
Sold- Year to Date |
34 |
46 |
-26% |
Avg Price/Unit |
$ 3,268,070 |
$ 3,901,796 |
-16% |
Active Listings |
652 |
617 |
5% |
Benchmark Price |
$3,049,700 |
$3,548,400 |
-14.1% |
Price Index (HPI) |
313.1 |
364.3 |
-14.1% |
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.