North Shore Real Estate Market Statistics – July 2017

Here are the latest real estate market statistics from Macdonald Realty on North Shore listings and sales in July 2017.

North Vancouver

In June, the North Vancouver market had 81 sales and 344 active listings for detached homes. The benchmark sale price was $1,716,800 with an average days on market of 23. Canyon Heights NV and Lynn Valley with 10 sales had the most sales activity.

There were 79 sales and 136 active listings for condos. The benchmark sale price was $545,100 with 10 average days on market. The neighbourhoods of Lower Lonsdale with 27 sales was the hottest sales market.

Townhome sales were 37, active listings were 61, the benchmark sale price was $950,300, and the average days on market were 12. Central Lonsdale with 6 sales had the most sales activity.

It’s a seller’s market for condos and townhomes.

MarketHotSheet_July2017_NorthVan

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North Shore Real Estate Market Statistics – June 2017

Here are the latest real estate market statistics from Macdonald Realty on North Shore listings and sales in June 2017.

North Vancouver

In June, the North Vancouver market had 122 sales and 333 active listings for detached homes. The benchmark sale price was $1,690,600 with an average days on market of 24. Lynn Valley with 17 sales had the most sales activity.

There were 127 sales and 100 active listings for condos. The benchmark sale price was $528,200 with 12 average days on market. The neighbourhoods of Central Lonsdale and Lower Lonsdale with 38 sales each were the hottest sales markets.

Townhome sales were 41, active listings were 52, the benchmark sale price was $938,300, and the average days on market were 11. Lynn Valley with 10 sales had the most sales activity.

It’s a seller’s market for all product types.

MarketHotSheet_June2017_NorthVan

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North Shore Real Estate Market Statistics – May 2017

Here are the latest real estate market statistics from Macdonald Realty on North Shore listings and sales in May 2017.

North Vancouver

In May, the North Vancouver market had 139 sales and 334 active listings for detached homes. The benchmark sale price was $1,656,500 with an average days on market of 22. Lynn Valley with 19 sales had the most sales activity.

There were 135 sales and 118 active listings for condos. The benchmark sale price was $502,200 with 16 average days on market. The neighbourhood of Lower Lonsdale with 50 sales was the hottest sales market.

Townhome sales were 42, active listings were 38, the benchmark sale price was $917,500, and the average days on market were 10. Central Lonsdale with 7 sales had the most sales activity.

It’s a seller’s market for all product types.

MarketHotSheet_May2017_NorthVan

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North Shore Real Estate Market Statistics – April 2017

Here are the latest real estate market statistics from Macdonald Realty on North Shore listings and sales in April 2017.

North Vancouver

In April, the North Vancouver market had 110 sales and 276 active listings for detached homes. The benchmark sale price was $1,599,300 with an average days on market of 30. Canyon Heights NV with 16 sales had the most sales activity.

There were 106 sales and 121 active listings for condos. The benchmark sale price was $489,700 with 14 average days on market. The neighbourhood of Lower Lonsdale with 34 sales was the hottest sales market.

Townhome sales were 32, active listings were 39, the benchmark sale price was $887,800, and the average days on market were 13. Central Lonsdale with 11 sales had the most sales activity.

It’s a seller’s market for all product types.

MarketHotSheet_April2017_NorthVan

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North Shore Real Estate Market Statistics – March 2017

Here are the latest real estate market statistics from Macdonald Realty on North Shore listings and sales in March 2017.

North Vancouver

In March, the North Vancouver market had 98 sales and 266 active listings for detached homes. The benchmark sale price was $1,575,500 with an average days on market of 21. Lynn Valley with 13 sales had the most sales activity.

There were 127 sales and 122 active listings for condos. The benchmark sale price was $474,000 with 18 average days on market. The neighbourhood of Lower Lonsdale with 37 sales was the hottest sales market.

Townhome sales were 28, active listings were 33, the benchmark sale price was $866,100, and the average days on market were 13. Central Lonsdale with 8 sales had the most sales activity.

It’s a seller’s market for all product types.

MarketHotSheet_March2017_NorthVan

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North Shore Real Estate Market Statistics – February 2017

Here are the latest real estate market statistics from Macdonald Realty on North Shore listings and sales in February 2017.

North Vancouver

In February, the North Vancouver market had 88 sales and 258 active listings for detached homes. The benchmark sale price was $1,556,600 with an average days on market of 27. Upper Lonsdale with 13 sales had the most sales activity.

There were 96 sales and 130 active listings for condos. The benchmark sale price was $463,200 with 14 average days on market. The neighbourhood of Lower Lonsdale with 40 sales was the hottest sales market.

Townhome sales were 28, active listings were 30, the benchmark sale price was $854,000, and the average days on market were 19. Central Lonsdale and Hamilton, 4 sales each, had the most sales activity.

It’s a seller’s market for all product types.

MarketHotSheet_February2017_NorthVan

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Macdonald Realty listings get extra exposure on international website LeadingRE.com

PrintMacdonald Realty offers consumers an easy way to search home listings and identify top real estate firms in markets worldwide through its participation in the new LeadingRE.com.

The site also brings global exposure for our BC real estate listings and provides consumer resources, such as cost of living comparisons, school information, recent home sales and other local resources and statistics. LeadingRE.com can be accessed via macrealty.com by clicking the Global Home Search logo on the homepage.

“LeadingRE.com now provides home buyers and sellers an easy way to identify the top-performing real estate companies in a given market by searching over 400,000 member listings or by using our comprehensive member directory,” notes Leading Real Estate Companies of the World Director of Strategic Development Rhett Damon. “Our network linking strategy connects many of our high-traffic member sites to LeadingRE.com’s national or global search, providing valuable listing exposure to home sellers.”

LeadingRE-homepage-2017

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For more information about Macdonald Realty and our LeadingRE partnership please email macrealty@macrealty.com or call 1-877-278-3888.  Looking to buy or sell, locally or globally?  Allow us to make a quality introduction to be matched with an independent brokerage and REALTOR® working in your area.

North Shore Real Estate Market Statistics – January 2017

Here are the latest real estate market statistics from Macdonald Realty on North Vancouver and West Vancouver listings and sales in January 2017.

North Vancouver

In January, the North Vancouver market had 35 sales and 243 active listings for detached homes. The benchmark sale price was $1,564,200 with an average days on market of 39. Upper Lonsdale with 6 sales had the most sales activity.

There were 60 sales and 130 active listings for condos. The benchmark sale price was $455,300 with 26 average days on market. The neighbourhood of Lower Lonsdale with 26 sales was the hottest sales market.

Townhome sales were 11, active listings were 36, the benchmark sale price was $831,000, and the average days on market were 45. Indian River, Lower Lonsdale and Upper Lonsdale, 2 sales each, had the most sales activity.

It’s a buyer’s market for single family homes.

MarketHotSheet_January2017_NorthVan

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Quality | Connections | Independence

PrintMacdonald Realty is a member of Leading Real Estate Companies of the World™, a global community of real estate companies awarded membership based on rigorous standards for service and performance.

This LeadingRE distinction ensures that you can count on a quality real estate experience when working with us and will benefit from our global connections to buyers and high quality real estate professionals around the world.

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North Shore Real Estate Market Statistics – December 2016

Here are the latest real estate market statistics from Macdonald Realty on North Shore listings and sales in November 2016.

North Vancouver

In December, the North Vancouver market had 48 sales and 179 active listings for detached homes. The benchmark sale price was $1,578,000 with an average days on market of 41. Lynn Valley with 9 sales had the most sales activity.

There were 73 sales and 89 active listings for condos. The benchmark sale price was $452,600 with 25 average days on market. The neighbourhood of Lower Lonsdale with 34 sales was the hottest sales market.

Townhome sales were 15, active listings were 26, the benchmark sale price was $831,400, and the average days on market were 25. Lower Lonsdale and Hamilton, 3 sales each, had the most sales activity.

It’s a seller’s market for all product types in North Vancouver.

North Vancouver real estate market stats

West Vancouver

The West Vancouver market had 31 sales and 278 active listings for detached homes. The benchmark sale price was $2,948,200 with 48 average days on market. Ambleside with 7 sales was the neighbourhood with the most sales activity.

Condo sales were 11 and active listings were 48 at the end of the month. The benchmark sales price was $912,700 with an average days on market of 38. Ambleside had the most sales in November at 7.

In comparison, townhome market had 2 sales and 8 active listings; the average days on market were 48.

It’s a buyer’s market for single family homes.

West Vancouver real estate market stats

 

Looking for more information about the real estate market in specific neighbourhoods in North Shore

Macdonald Realty has offices in North Vancouver and West Vancouver.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

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MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org