In West Vancouver, there were 64 sales in the month of September. The sales to new listings ratio was 49% which represents a balanced market. For September 2020, the sales to total active listings percentage was 15%, an increase from 7% in September 2019. Sales for September 2020 were up by 29 units compared to September 2019.
The West Vancouver listing inventory has decreased by 7 homes compared to August 2020. The average price year-to-date (YTD) is up by 1% compared to September 2019. The West Vancouver median price decreased by $125,000 from August 2020 to September 2020 ($2,650,000 to $2,525,000).
In North Vancouver, there were 133 sales in the month of September. The sales to new listings ratio was 65% which represents a seller’s market. For September 2020, the sales to total active listings percentage was 48%, an increase from 17% in September 2019. Sales for September 2020 were up by 74 units compared to September 2019.
The North Vancouver listing inventory has decreased by 12 homes compared to August 2020. The average price year-to-date (YTD) is up 8% compared to September 2019. The North Vancouver median price increased by $33,219 from August 2020 to September 2020 ($1,710,000 to $1,743,219).
| Detached Homes | 2020 | 2019 |
| West Vancouver – September | ||
| Sales | 64 | 35 |
| Sales YTD | 366 | 308 |
| Avg. Price YTD | $2,961,183 | $2,922,489 |
| Active Listings | 435 | 527 |
| Median Price | $2,525,000 | $2,250,000 |
| North Vancouver – September | ||
| Sales | 133 | 59 |
| Sales YTD | 674 | 581 |
| Avg. Price YTD | $1,846,392 | $1,706,974 |
| Active Listings | 279 | 356 |
| Median Price | $1,743,219 | $1,575,000 |
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