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North and West Vancouver Sales Graph November 14, 2013


Blog by Stu Bell | November 15th, 2013


The graphs below break down the remarkably consistent trend in sales on the North Shore relative to time of year.

View the table here.

Listings peak in end of spring, dip in the summer, and climb to end of fall market before dropping off for Christmas. Sales increase sharply then steady until end of Spring then slowly decrease through the year with the an increase in activity in the fall before slowing down for Christmas.

Currently there is a lot of demand for building lots, driving up the cost of new homes being purchased mainly by wealthy Chinese buyers. Renovated or older homes are selling at a slower pace than new homes to a more local market. The hottest areas in West Van are Dundarave, Westmount, & the British Properties. The hottest areas in North Van are Edgemont, Pemberton Heights, & the Boulevard.

If you are thinking of selling or buying and want to know when the best time to list or buy in your neighbourhood is, contact me: 604-562-0532

 

WEST VAN - SALES (Nov. 15)

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NORTH VAN - SALES (Nov. 15)

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