At last, the North Shore 2011 full picture.  North Van detached homes sold are up by 26 % from the last year, attached (t/hses) sold – up 11% and apartments up 3% from 2010. Detached - average price is 8% higher than 2010 and inventory Dec 31st, 2011 unchanged from 2010. Average prices up 6% (t/hses) and down 1% (apts). Inventory (t/hse) 19% lower than Dec 31st, 2010 and (apt) up 3% from 2010. N/Van overall inventory at Dec 31st, 2011 is now 1% lower than 2010 and again N/Van, 15% higher in total number of sales '10 to '11 (2153 vs. 2472).  

 In West Van, detached number of sales for 2011 is up by 62% from last year. Average price up by 15% and inventory Dec 31st, 2011 up 8% from last year. On the condo side - sales of attached (t/hses) are lower at 60 vs. 79 units; average price down 6%. Active listings up from Dec 31st, 2010 (28 vs. 25).  Apartments sold are up 22% over 2010; with average price 17% higher than ‘10 and active listings down 20% from Dec 31st, 2010.  Overall marginally higher inventory with slightly softer demand evident.

 And now my chance to convey to you my wishes for the year which has just begun – may all find a new level of peace and the  necessary prosperity we seek to enable us to continue the nurturing of our families and provide some help to fellow citizens in need. A toast to an increased confidence in the future and more smiles given by us and evident on the faces of those whose lot we are attempting to improve.  Whatever the secret we must strive to attain it.

 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 those wishing to get the e-mail version of this "update" - send a request now to This email address is being protected from spam bots, you need Javascript enabled to view it and you'll be assured receipt; phone me at (604) 988-7368 or visit www.OnTopOfTheMarket.ca