In West Vancouver, there were 28 sales in the month of December. The sales to new listings ratio was 93% which represents a strong seller’s market. For December 2019, the sales to total active listings percentage was 8%, which is an increase from the 3% from December 2018. Sales for December 2019 were up by 13 units compared to December 2018.
The West Vancouver listing inventory has decreased by 80 homes compared to November 2019. The average price year-to-date (YTD) is down by 10% compared to December 2018. The West Vancouver median price remained the same from November 2019 to December 2019 ($2,400,000 to $2,400,000).
In North Vancouver, there were 56 sales in the month of December. The sales to new listings ratio was 147% which represents a strong seller’s market. For December 2019, the sales to total active listings percentage was 29%, an increase from 14% in December 2018. Sales for December 2019 were up by 15 units compared to December 2018.
The North Vancouver listing inventory has decreased by 72 homes compared to November 2019. The average price year-to-date (YTD) is down 7% compared to December 2018. The North Vancouver median price increased by $40,000 from November 2019 to December 2019 ($1,580,000 to $1,620,000).
| Detached Homes | 2019 | 2018 |
| West Vancouver – December |
| |
| Sales | 28 | 15 |
| Sales YTD | 434 | 328 |
| Avg. Price YTD | $2,909,774 | $3,254,259 |
| Active Listings | 362 | 438 |
| Median Price | $2,400,000 | $2,890,000 |
| North Vancouver – December | ||
| Sales | 56 | 41 |
| Sales YTD | 804 | 674 |
| Avg. Price YTD | $1,712,835 | $1,859,889 |
| Active Listings | 194 | 291 |
| Median Price | $1,620,000 | $1,650,000 |
John Jennings
Royal LePage Sussex-John Jennings
604-790-1900
[email protected]
johnjennings.com
Twitter: @johnjenningswv
Facebook: www.facebook.com/westvancouverrealestate