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north shore real estate market update


Blog by June Conway | September 2nd, 2020


In West Vancouver, there were 49 sales in the month of August. The sales to new listings ratio was 34% which represents a buyer’s market. For August 2020, the sales to total active listings percentage was 11%, an increase from 8% in August 2019. Sales for August 2020 were up by 9 units compared to August 2019.

The West Vancouver listing inventory has increased by 28 homes compared to July 2020. The average price year-to-date (YTD) is up by 2% compared to August 2019. The West Vancouver median price increased by $275,000 from July 2020 to August 2020 ($2,375,000 to $2,650,000).

In North Vancouver, there were 103 sales in the month of August. The sales to new listings ratio was 64% which represents a seller’s market. For August 2020, the sales to total active listings percentage was 35%, an increase from 19% in August 2019. Sales for August 2020 were up by 39 units compared to August 2019.

The North Vancouver listing inventory has decreased by 3 homes compared to July 2020. The average price year-to-date (YTD) is up 8% compared to August 2019. The North Vancouver median price increased by $4,000 from July 2020 to August 2020 ($1,706,000 to $1,710,000).


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Prepared by:
John Jennings
Royal LePage Sussex-John Jennings