Blog by Ann Hickey

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July 2018 - Market News

Source: Real Estate Board of Greater Vancouver

Residential Detached Statistics

 

North Vancouver

 

 JUNE 2018

JUNE 2017

- % Increase -

Gross Sales

$ 153,187,070

$ 226,774,475

-32%

Units Listed

186

207

-10%

Units Sold

80

122

-34%

Sold- Year to Date

402

591

-31%

Avg Price/Unit

$ 1,914,838

$ 1,858,807

3%

Active Listings

499

317

41%

 

Benchmark Price

$ 1,686,800

$ 1,556,600

6.7%

Price Index (HPI)

263.8

247.8

6.7%

  

West Vancouver 

 

JUNE 2018

JUNE 2017

- % Increase -

Gross Sales

$ 97,022,286

$ 218,496,465

-55%

Units Listed

176

174

1%

Units Sold

33

64

-48%

Sold- Year to Date

168

307

-45%

Avg Price/Unit

$ 2,940,069

$ 3,414,007

-13%

Active Listings

621

476

30%

 

Benchmark Price

$3,141,900

$ 2,936,500

5.9%

Price Index (HPI)

296.6

279.2

5.9%

 

 Vancouver West 

 

JUNE 2018

JUNE 2017

- % Increase -

Gross Sales

$ 297,905,511

$ 452,632,060

-34%

Units Listed

234

341

-31%

Units Sold

80

112

-28%

Sold- Year to Date

391

632

-38%

Avg Price/Unit

$ 3,723,818

$ 4,041,357

-7%

Active Listings

840

700

20%

 

Benchmark Price

$ 3,500,600

$ 3,422,700

2.3%

Price Index (HPI)

359.4

351.4

2.3%

                                                                                                                                     

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.





Ann Hickey
604 220-6249