March 2017 Numbers

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Now to the figures for 2017, the 2 mths or 1/6th of the year. North Van detached homes sold are down 46% – 122 vs 227 during 2016, attached (t/hses) down 49% from 2016 and apartments down 20%. The detached median price based on sales is up 1% and inventory down 43% from 2016. Attached (t/hses) median price up 10% and apts up 21%. Inventory (t/hses) down 51% from 2016 and (apt) down 30% from 2016.
In West Van, detached number of sales for 2017 is down by 75% from 2016. Median price of what has sold is down 3% from last year and inventory now down 52 % from 2016. On the condo side, attached (t/hses) sold during 2017 are down 44% from 2016. Active listings at 6 as at month end are now up from 3 in 2016. Apartments sales reflect a 15% decrease in 2017 vs. 2016 – Median prices (t/hses are unavailable (# below 25). Median price for (apts) sold increased by 22% for this period. Inventory (apts) down 42%.

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