In West Vancouver, there were 22 sales in the month of April. The sales to new listings ratio was 37% which represents a balanced market. For April 2020, the sales to total active listings percentage was 6%, a decrease from 7% in April 2019. Sales for April 2020 were down by 16 units compared to April 2019.
The West Vancouver listing inventory has decreased by 26 homes compared to March 2020. The average price year-to-date (YTD) is down by 6% compared to April 2019. The West Vancouver median price increased by $390,000 from March 2020 to April 2020 ($2,460,000 to 2,850,000).
In North Vancouver, there were 38 sales in the month of April. The sales to new listings ratio was 49% which represents a balanced market. For April 2020, the sales to total active listings percentage was 15%, an increase from 12% in April 2019. Sales for April 2020 were down by 15 units compared to April 2019.
The North Vancouver listing inventory has decreased by 3 homes compared to March 2020. The average price year-to-date (YTD) is up 1% compared to April 2019. The North Vancouver median price decreased by $130,000 from March 2020 to April 2020 ($1,630,000 to $1,500,000).
| Detached Homes | 2020 | 2019 | |||
| West Vancouver – April |
| ||||
| Sales | 22 | 38 | |||
| Sales YTD | 129 | 104 | |||
| Avg. Price YTD | $2,804,418 | $2,995,753 | |||
| Active Listings | 360 | 528 | |||
| Median Price | $2,850,000 | $2,650,000 | |||
| North Vancouver – April | |||||
| Sales | 38 | 53 | |||
| Sales YTD | 202 | 195 | |||
| Avg. Price YTD | $1,795,894 | $1,773,040 | |||
| Active Listings | 248 | 426 | |||
| Median Price | $1,500,000 | $1,680,000 | |||
Prepared by:
John Jennings
Royal LePage Sussex-John Jennings
604-790-1900
[email protected]