Data sourced from SnapStats Publishing.
December Market Update
This is the price analysis for December 2020 in North Vancouver and West Vancouver. It includes detailed information on detached homes, attached condos and townhomes. Check out the current market trends!
NORTH VANCOUVER
DETACHED
- Market Type Indicator NORTH VANCOUVER DETACHED: Sellers Market at 68% Sales Ratio average (6.8 in 10 homes selling rate)
- Homes are selling on average 100% of list price
- Most Active Price Band** $1.25 mil to $1.75 mil with average >100% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $3.5 mil to $4 mil, Edgem ont, Upper Lonsdale and minimum 7 bedroom properties
- Sellers Best Bet** Selling homes in Canyon Heights, Central Lonsdale, Lynn Valley and 3 to 4 bedroom properties
****With minimum inventory of 10 in most instances
ATTACHED
- Market Type Indicator NORTH VANCOUVER ATTACHED: Sellers Market at 59% Sales Ratio average (5.9 in 10 homes selling rate)
- Homes are selling on average 1% below list price
- Most Active Price Band** $1 mil to $1.25 mil with average 100% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.5 mil to $1.75 mil, Mosquito Creek, Upper Lonsdale and 2 bedroom properties
- Sellers Best Bet** Selling homes in Central Lonsdale, Lynn Valley, Roche Point and up to 1 bedroom properties
****With minimum inventory of 10 in most instances
WEST VANCOUVER
DETACHED
- Market Type Indicator WEST VANCOUVER DETACHED: Balanced Market at 19% Sales Ratio average (1.9 in 10 homes selling rate)
- Homes are selling on average 6% below list price
- Most Active Price Band** $2.25 mil to $2.5 mil with average 83% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $4.5 mil to $5 mil, Altamont, Chartwell, Westmount and minimum 7 bedroom properties
- Sellers Best Bet** Selling homes in Dundarave and 3 to 4 bedroom properties
**With minimum inventory of 10 in most instances
ATTACHED
- Market Type Indicator WEST VANCOUVER ATTACHED: Sellers Market at 21% Sales Ratio average (2.1 in 10 hom es selling rate)
- Homes are selling on average 3% below list price
- Most Active Price Band** $1 mil to $1.25 mil with average 50% Sales Ratio (Sellers market)
- Buyers Best Bet** Homes between $1.25 mil to $1.5 mil, Dundarave and 3 bedroom properties
- Sellers Best Bet** Selling homes in Am bleside and 2 bedroom properties
**With minimum inventory of 10 in most instances
