Market similarities & differences

(July 14, 2018 , posted in North Vancouver Homes)

Real Estate Board of Vancouver statistics show market similarities between North Vancouver and West Vancouver detaches homes.  Both experiencing six months of declining sale numbers and increased number of homes listed for sale at the end of each month compared to 2017.

However at this time the sales-to-active listings ratio has sustained since the beginning of the year in 'balanced territory' for North Vancouver homes whereas West Vancouver in 'buyer's the past  twelve months.


Check active purchase price ranges first six months on the North Shore. 
                                                          NORTH VANCOUVER          WEST VANCOUVER
Less than $1, 000,000 range.........10..........................................3
$1,000,000 to $1,999,999 range...278........................................24
$2,000,000 to $2,999,999 range...104.........................................71
$3,000,000 to $3,999,999 range....17..........................................33
$4,000,000 to $4,999,999 range.....6............................................18
$5,000,000 to $5,999,999 range......2............................................9
$6,000,000 to $6,999,999 range......0............................................8
$7,000,000 to $7,999,999 range......0............................................0
$8,000,000 to $8,999,999 range......0............................................2
$9,000,000 to $9,999,999 range......0............................................0
$10,000,000 to $10,999,999 range..0............................................1
$13,000,000 to $13,999,999 range..0............................................1
                                              TOTAL =  417                                    = 170
Most active house purchase range in North Vancouver is the mil range, 66%  and $2mil range for West Vancouver's, 66% and 42% respectively of  total January to Junehouse sales.

Would you like to have a more in-depth conversation about the market, buying and or selling?

We'd be please to do so, but only after reviewing and completing new mandatory disclosures, a form called 'Disclosure of Representation in Trading Services' or 'DRTS'.  Click here for a copy of 'DRTS'.  Click here to review 'Disclosure of Risks to Unrepresented Parties.

As of June 15, new rules were introduced by Real Estate Council of British Columbia to change the way REALTORS® provide service to the consumer. The new rules provide you with greater protection as a home buyer and or seller!

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