Blog by Ann Hickey

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September 2018 - Market News

Source: Real Estate Board of Greater Vancouver

Residential Detached Statistics for

 

North Vancouver

 

 AUGUST 2018

AUGUST 2017

- % Increase -

Gross Sales

$ 55,429,995

$ 151,316,276

-63%

Units Listed

90

118

-23%

Units Sold

31

75

-58%

Sold- Year to Date

484

747

-35%

Avg Price/Unit

$ 1,788,064

$ 2,017,550

-11%

Active Listings

386

285

35%

 

Benchmark Price

$ 1,649,700

$ 1,711,100

-3.6%

Price Index (HPI)

258.0

267.6

-3.6%

  

West Vancouver

 

AUGUST 2018

AUGUST 2017

- % Increase -

Gross Sales

$ 83,590,381

$ 120,106,000

-30%

Units Listed

107

106

0%

Units Sold

27

30

-10%

Sold- Year to Date

227

378

-39%

Avg Price/Unit

$ 3,095,940

$ 4,003,533

-22%

Active Listings

560

481

16%

 

Benchmark Price

$ 2,832,600

$ 3,189,500

-11.2%

Price Index (HPI)

267.4

301.1

-11.2%

  

Vancouver West 

 

AUGUST 2018

AUGUST 2017

- % Increase -

Gross Sales

$ 195,921,199

$ 225,127,595

-12%

Units Listed

167

196

-14%

Units Sold

58

52

11%

Sold- Year to Date

507

758

-33%

Avg Price/Unit

$ 3,377,951

$ 4,329,376

-21%

Active Listings

765

739

3%

 

Benchmark Price

$ 3,278,500

$ 3,654,500

-10.3%

Price Index (HPI)

336.6

375.2

-10.3%





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