Blog by Ann Hickey

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November 2018 - Market News

Source: Real Estate Board of Greater Vancouver

Residential Detached Statistics for


North Vancouver

 

 OCTOBER 2018

OCTOBER 2017

- % Increase -

Gross Sales

$ 119,951,298

$ 139,956,333

-14%

Units Listed

176

175

0%

Units Sold

68

81

-16%

Sold- Year to Date

593

902

-34%

Avg Price/Unit

$ 1,763,989

$ 1,727,855

2%

Active Listings

439

344

27%

Benchmark Price

$ 1,594,700

$ 1,700,200

-6.2%

Price Index (HPI)

249.4

265.9

-6.2%

 
West Vancouver

 

OCTOBER 2018

OCTOBER 2017

- % Increase -

Gross Sales

$ 113,783,000

$ 98,023,800

16%

Units Listed

144

250

-4%

Units Sold

36

29

24%

Sold- Year to Date

288

442

-34%

Avg Price/Unit

$ 3,160,638

$ 3,380,131

-6%

Active Listings

553

536

3%

Benchmark Price

$ 2,758,400

$ 3,095,300

-10.9%

Price Index (HPI)

260.4

292.2

-10.9%

 
Vancouver West

 

OCTOBER 2018

OCTOBER 2017

- % Increase -

Gross Sales

$ 233,642,038

$ 482,418,909

-51%

Units Listed

207

220

-5%

Units Sold

66

108

-38%

Sold- Year to Date

611

939

-34%

Avg Price/Unit

$ 3,540,030

$ 4,466,841

-20%

Active Listings

776

798

-2%

Benchmark Price

$ 3,267,800

$ 3,626,300

-9.9%

Price Index (HPI)

335.5

372.3

-9.9%


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.