We're seeing more listings enter onto the market than this time last year, however we have a long way to go before our home inventory rises back to a normal level. The sales to active ratio is 32%.
NORTH VANCOUVER
Detached Homes Benchmark $1,697,600
1yr change +3.7%
3yr change +69.9%
5yr change +79%
Townhomes Benchmark $983,600
1yr change +12.1%
3yr change +57.7%
5yr change +67.7%
Apartments Benchmark $566,500
1yr change +23.5%
3yr change +56.1%
5yr change +61.1%
West Vancouver
Detached Benchmark $3,146,100
1yr change +2.9%
3yr change +56.2%
5yr change +76.9%
Apartment Benchmark $1,154,700
1yr change +17.4%
3yr change +56.7%
5yr change +65.3%
If you'd like to discuss the market our have questions on your specific neighbourhood, please give us a call!
Here's what happened on the North Shore:
Detached Homes Benchmark $1,697,600
1yr change +3.7%
3yr change +69.9%
5yr change +79%
Townhomes Benchmark $983,600
1yr change +12.1%
3yr change +57.7%
5yr change +67.7%
Apartments Benchmark $566,500
1yr change +23.5%
3yr change +56.1%
5yr change +61.1%
West Vancouver
Detached Benchmark $3,146,100
1yr change +2.9%
3yr change +56.2%
5yr change +76.9%
Apartment Benchmark $1,154,700
1yr change +17.4%
3yr change +56.7%
5yr change +65.3%