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July 2010 Numbers
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Now the June 2010 YTD figures for our North Shore. North Van detached homes sold are up by 3% from the same period of the previous year, attached (t/hses) even with '09 and apartments up by 8% from '09. Detached average prices up 13% and inventory June 30th, up by 58%. Average prices up 11% (t/hse) and up 17% (apts). Inventory (t/hse) 22% higher than '09 and (apt) up 38% from '09. N/Van inventory at June 30th was significantly higher than 2009. In West Van, detached number of sales is up by 28% from '09. Average price up by 24% and inventory June 30th up by 30% from '09. On the condo side attached (t/hses) sold are up from 2009 to 42 vs 16 units; average price up 44%. Active listings are up from June 30th (50 vs. 38). Apartments reflect 88 sold vs. 78 during '09 a 12% increase; with average price 25% higher than '09 and active listings up 21% from June 30th 09. I will repeat what I’ve said before. Demand is dividing into two categories those making decisions to buy and take advantage of the opportunities out there and those choosing to move their demand to a future pent up position i.e. defer the buying decision. Still a window for those buyers who recognize this as an opportunity. Enjoy this delightful summer! 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 to
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and you’ll be assured receipt; phone me at (604) 988-7368 or visit www.OnTopOfTheMarket.ca Alan Alan Skinner OnTopOfTheMarket.ca Re/Max Crest Realty Vancouver - NorthShore http://www.AlanSkinner.com Local Phone: 604-988-7368 TollFree: 1-800-665-1455 Fax: 604-985-3612
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