Now the April 2010 YTD figures for our North Shore. North Van detached homes sold are up by 41% from the same period of the previous year, attached (t/hses) up by 58% and apartments up by 41% from ’09
Detached average prices up 18% and inventory Apr 30th, up by 23%. Average prices up 19% (t/hse) and up 20% (apts). Inventory (t/hse) 19% lower than ’09 and (apt) up 22% from ’09. N/Van inventory other than attached (down 32 units) is higher than 2009. Demand still appears strong and, as we see a significant number of new listings coming on the market, this should soften sale prices.
In West Van, detached number of sales is up by 74% from ’09. Average price up by 19% and inventory Apr 30th down 1% from ’09. On the condo side – attached (t/hses) sold are up from 2009 to 26 vs 4 units; average price up 94%. Active listings are up from Apr 30th (59 vs. 43). Apartments reflect 55 sold vs. 36 during ’09 – a 55% increase; with average price 32% higher than ’09 and active listings up 4% from Apr 30th 09.
Overall North Shore demand continues to be fair with inventory, on average climbing from this time in 2009.
Again, visit my website to see and “hear” the new developments. I continue my commitment to keep you… www.OnTopOfTheMarket.ca – the “go to” site for North Shore Real Estate analysis and jumping off point for FULL market listing information.
To join the group getting the e-mail version of this “update” – send a request now firstname.lastname@example.org and you’ll be assured receipt; phone me at (604) 988-7368 or visit www.OnTopOfTheMarket.ca
Re/Max Crest Realty
Vancouver – NorthShore
Local Phone: 604-988-7368