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.