Spring 2014 Market Update West Vancouver

(May 06, 2014 , posted in WV Monthly Market Update)

The spring Real Estate market in West Vancouver was active this year with a 38% increase year to date in gross sales of detached homes compared to 2013.  While the number of active listings is similar to last year, the number that have sold since January 1, 2014 is 244 and was only 188 for the same period in 2013.  Average price per unit is up 6% over last year.

The attached market saw similar increases, with gross sales up 28% over the same period last year and a 20% increase in units sold.  The average price per unit for townhomes and duplexes is also up 6% over last year.

The condo market has realized a 20% increase in gross sales year to date as compared to the same time last year.   There was a 4% increase in units sold and a 15% increase in price per unit.