Blog by Ann Hickey

<< back to article list

March 2019 - Market News

Source: Real Estate Board of Greater Vancouver

Residential Detached Statistics for

 

North Vancouver

 

 FEBRUARY
2019

FEBRUARY 2018

- % Increase -

Gross Sales

$ 60,650,499

$ 106,342,904

-42%

Units Listed

120

147

-18%

Units Sold

37

58

-36%

Sold- Year to Date

72

88

-18%

Avg Price/Unit

$ 1,639,202

$ 1,833,498

-10%

Active Listings

347

290

19%

Benchmark Price

$ 1,492,400

$ 1,686,800

-11.5%

Price Index (HPI)

233.4

263.8

-11.5%

West Vancouver

 

FEBRUARY 2019

FEBRUARY 2018

- % Increase -

Gross Sales

$ 60,228,800

$ 76,840,000

-21%

Units Listed

113

155

-27%

Units Sold

25

24

4%

Sold- Year to Date

43

39

10%

Avg Price/Unit

$ 2,409,152

$ 3,201,666

-24%

Active Listings

466

457

1%

Benchmark Price

$ 2,616,500

$ 3,141,900

-16.7%

Price Index (HPI)

247.0

296.6

-16.7%

Vancouver West

 

FEBRUARY 2019

FEBRUARY 2018

- % Increase -

Gross Sales

$ 123,886,426

$ 212,760,833

-41%

Units Listed

188

248

-24%

Units Sold

43

53

-18%

Sold- Year to Date

77

99

-22%

Avg Price/Unit

$ 2,881,079

$ 4,014,355

-28%

Active Listings

713

723

-1%

Benchmark Price

$ 3,029,200

$ 3,500,600

-13.5%

Price Index (HPI)

311.0

359.4

-13.5%



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.