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West Vancouver High End Luxury Real Estate Picks up in 2011!

Blog by Stu Bell | May 26th, 2011


2011 Has been an unprecedented year for West Vancouver Real Estate with 569 detached sales as of May 26th and counting. After a nasty downturn in 2008, the real estate market has fully recovered and the high end luxury real estate has been selling at a brisk rate! Thus far in 2011, there have been 228 salesin West Van over $2,000,000; 90 sales over $3,000,000; 40 sales over $4,000,000, and 16 sales over $5,000,000!


West Vancouver us an elite community ranked as the most prospersous community in Canada. The affluent lifestyle is perfected with a wide variety of Waterfront, Architectually SIgnificant, Estate, modern, traditional, and one-of-kind luxury real estate. Enjoy top rates private schools Collingwood, St Anthony's, and Mulgrave,, Hollyburn Country Club, and Capilano Golf Club, West Vancouver Yacht Club, local ski hills and easy access to Whistler, beaches and the Sea Wall, fine dining and shoppingm and easy access to downtown Vancouver for all your business and recreational needs.


The most impressive sales over $10,000,000 occured on Finch Hill and Kew Cliff Rd. On Finch an architecturally signifacant 8,000 sq ft concrete fortress on a 30,000 sq ft British Properties estate sold for $10,200,000; a steal compared to the original asking price of $18,800,000. 10,000 sq ft of luxury on a 18,000 sq ft waterfront estate on Kew Cliff Rd sold for $10,800,000 in 28 days.


Additional impressive sales include a mansion in the British Properties on King Georges for $7,700,000, a gorgeous new contemporary build in Chartwell at the end of Bramwell for $5,750,000, a Westmount beauty on Craigend for $6,850,000, a waterfront home on presitigious Erwin Dr in Cypress, West Vancouver for $7,980,000, a renowned Hollingsworth in Chartwell for $6,500,000 on Sandhurst sold in 14 days, and a mansion on Eyremount that just sold for $6,500,000 in 1 day!


While there have been 36 sales over $5,000,000 in the West Side of Vancouver so far this year, West Vancouver is not far behind when it comes to high end market activity. For Buyers looking for their piece of fine luxurious Vancouver Real Estate West Vancouver may be a better place to look as and are currently 50 actives listings over $5,000,000 in West Vancouver, including 19 fines homes over $8,000,000 and 9 estates over $10,000,000 with the highest asking price at $39,900,000 for 5.5 acre view estate in Chartwell, West Van!

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For all your Luxury West Vancouver needs please contact your local specialist with a passion for West Vancouver Homes, Stu Bell at 604.562.0532 or write stu@stubell.com.