March Stats- Get Moving!

(April 11, 2017 )

With a shortage of condos & townhouses pricing is on the rise, therefore single family homes could be more in your reach than you think.

If you're selling a condo or townhouse, now is the time, consider an upgrade!

Sales of detached properties decreased 14.6% in March. The benchmark for all Greater Vancouver homes is $1,489,400 representing a 5% decrease over the past 6 months.

Let’s have a look at the statistics…We chose to post the North Shore 1 yr, 3 yr & 5 yr changes simply because it's where we live. For more information about another Metro Vancouver area, please contact us directly.

NORTH VANCOUVER

Detached Homes Benchmark Price $1,575,500
1yr up 10.7%
3yr up 62.8%
5yr up 64.0%

Townhouse Benchmark Price $866,100
1yr up 17.9%
3yr up 45.5%
5yr up 43.2%

Apartments Benchmark Price $474,00
1yr up 17.6%
3yr up 35.7%
5yr up 37.7%

WEST VANCOUVER

Detached Homes Benchmark Price $2,961,800
1yr up 5.8%
3yr up 52.5%
5yr up 55.6%

Apartments Benchmark Price $963,900
1yr up 17.3%
3yr up 59.9%
5yr up 57.3%

We are here to help navigate the ever changing real estate market. Please contact us anytime!