Below are links to downloadable PDF files with great information and market snapshots compiled by our Real Estate Board.
Listings are at all time low in all 3 categories and all 4 areas except for detached homes in East Van. Though prices are up, the ales are only 4% higher, this is likely due to the little amount of product available.
Detached homes – Sales in WV have jumped the most with a 74% increase from last year. North and West Van are tied for the highest increase in the benchmark price with 29% higher for each
Condominiums – the number of condominiums available are lowest in East Van with North Van right behind. West Vancouver’s condo sales are up 142% and maybe are finally catching up – as this market has seen little increase until this year. Prices are up 19.5% just slightly less than over all winner – Vancouver West. Notable the NV condo market has not performed as well as the others…
Townhomes – The demand on townhomes is high with the high price of homes, with Vancouver East leading in the highest increase at 21%. West Van does not have enough sales to register a change.