Blog by Ann Hickey

<< back to article list

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.