August 2017 Numbers

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So, now to the figures for the 1st 7/12th of 2017, and the move solidly into the year’s back-haul. North Van detached homes sold are down 29% – 672 vs. 957 during last year, attached (t/hses) down 25% from 2016 and apartments down 19%. The detached median price up 35% and apts up 26%. Inventory (thses) down 9% from 2016 and (apt) down 2% from 2016.

In West Van, detached number of sales for 2017 is down by 7% from 2016. Median price of what has sold is down 10% from last year and inventory now up 5% from 2016. On the condo side, attached (t/hses) sold during 2017 are down 16% from 2016. Active listings at 9 as at month end are unchanged from 2016. Apartments sales reflect a 41% decrease by July 2017 vs. 2016 – Median price unavailable for both att and apts during July – (both being under 20 units). However the YTD median price sold, up by 24% over the 7mth period. Inventory of (apts) down 38%.

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