Each week we post the latest stats for one of our specialty areas. This week, we're focusing on the West Vancouver attached housing market.

>> CLICK HERE TO VIEW THE LATEST WEST VANCOUVER ATTACHED HOUSE SALES <<

The details: 

• Current inventory is 59% below last year, with 52 properties for sale compared to 127 during the same week in 2020. Current listings are 2% lower than last week.
• Sales improved this week with 9 transactions out of 52 listings, compared to 7 transactions out of 53 listings last week. Last year we saw 2 sales out of 127 properties during the same period. 
• Of this week’s 9 sales, buyers averaged 96% of the asking price, with a median sale price of $1,150,000 and a median of 10 days-on-market. Of the properties sold, one sold for the asking price, two sold over the asking price and six sold under asking.
• Our highest priced sale this week: a 4 bedroom, 4 bathroom, 2,903 sq.ft. 1/2 duplex on Burfield Place. List price $3,980,000. Sold for $3,820,000.
• Our lowest priced sale this week: a 1 bedroom, 1 bathroom, 557 sq.ft. condo on Bellevue Avenue. List price $569,000. Sold for $560,000.
• Market absorption rate for West Vancouver attached listings: At the current sales rate, if there were no new listings added, it would take 1.9 months for inventory to be absorbed into the market.

Each week we post the latest stats for one of our specialty areas. This week, we're focusing on the West Vancouver detached housing market.

>> CLICK HERE TO VIEW THE LATEST WEST VANCOUVER DETACHED HOUSE SALES <<

• Current inventory is 2% below last year, with 310 properties for sale compared to 315 during the same week in 2020. Current listings are 7% higher than last week.
• Sales improved this week with 15 transactions out of 310 listings, compared to 9 transactions out of 291 listings last week. Last year we saw 19 sales out of 315 properties during the same period. 
• Of this week’s 15 sales, buyers averaged 96% of the asking price, with a median sale price of $2,775,000 and a median of 12 days-on-market. Of the properties sold, one sold for the asking price, three sold over the asking price and 11 sold under asking.
• Our highest priced sale this week: a 5 bedroom, 7 bathroom, 8,023 sq.ft. house on Eyremount Drive. List price $6,388,000. Sold for $5,650,000.
• Our lowest priced sale this week: a 3 bedroom, 2 bathroom, 2,720 sq.ft. house on Mathers Avenue. List price $1,998,000. Sold for $2,085,000.
• Market absorption rate for West Vancouver detached listings: At the current sales rate, if there were no new listings added, it would take 5.5 months for inventory to be absorbed into the market.

Each week we post the latest stats for one of our specialty areas. This week, we're focusing on the North Vancouver townhouse market.

>> CLICK HERE TO VIEW THE LATEST NORTH VANCOUVER TOWNHOUSE SALES <<

The details: 

• Current inventory is 46% below last year, with 42 properties for sale compared to 78 during the same week in 2020. Current listings are 31% lower than last week.
• Sales weakened this week with 6 transactions out of 42 listings, compared to 8 transactions out of 32 listings last week. Last year we saw 10 sales out of 78 properties during the same period. 
• Of this week’s 6 sales, buyers averaged 100% of the asking price, with a median sale price of $1,475,750 and a median of 7 days-on-market. Of the properties sold, two sold for the asking price, three sold over the asking price and one sold under asking.
• Our highest priced sale this week: a 3 bedroom, 4 bathroom, 3,177 sq.ft. townhouse on Edgemont Boulevard. List price $2,200,000. Sold for $2,200,000.
• Our lowest priced sale this week: a 2 bedroom, 3 bathroom, 1,114 sq.ft. townhouse on East Esplanade. List price $1,099,000. Sold for $1,110,000.
• Market absorption rate for North Vancouver townhouse listings: At the current sales rate, if there were no new listings added, it would take 0.8 months for inventory to be absorbed into the market.