In West Vancouver, there were 78 sales in the month of February. The sales to new listings ratio was 69% which represents a seller’s market. For February 2021, the sales to total active listings percentage was 25%, an increase from 12% in February 2020. Sales for February 2021 were up by 33 units compared to February 2020.
The West Vancouver listing inventory has decreased by 6 homes compared to January 2021. The average price year-to-date (YTD) is up by 32% compared to February 2020. The West Vancouver median price decreased by $30,000 from January 2021 to February 2021 ($3,030,000 to $3,000,000).
In North Vancouver, there were 88 sales in the month of February. The sales to new listings ratio was 69% which represents a seller’s market. For February 2021, the sales to total active listings percentage was 60%, an increase from 29% in February 2020. Sales for February 2021 were up by 17 units compared to February 2020.
The North Vancouver listing inventory has increased by 17 homes compared to January 2021. The average price year-to-date (YTD) is up by 14% compared to February 2020. The North Vancouver median price increased by $162,000 from January 2021 to February 2021 ($1,788,000 to $1,950,000).
| Detached Homes | 2021 | 2020 |
| West Vancouver – February | ||
| Sales | 78 | 45 |
| Sales YTD | 107 | 66 |
| Avg. Price YTD | $3,711,299 | $2,791,599 |
| Active Listings | 311 | 379 |
| Median Price | $3,000,000 | $2,300,000 |
| North Vancouver – February | ||
| Sales | 88 | 71 |
| Sales YTD | 133 | 95 |
| Avg. Price YTD | $2,119,334 | $1,849,177 |
| Active Listings | 146 | 241 |
| Median Price | $1,950,000 | $1,630,000 |
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