The North Shore had a Merry 2013
Rounding the final corner for 2013, North Shore’s real estate market activity continued at a strong pace. With 160 residential homes sold on the North Shore in November, Lynn Valley led the way with 14 homes sold, followed by Ambleside with 13 and British Properties with 11.
So what do Lynn Valley and Ambleside have in common? They were the neighbourhoods that ranked #1 in their communities of North Vancouver and West Vancouver respectively, for top November home sales.
Year-to-date North Vancouver had total residential home sales of 1,035 and a median price of $969,000. Lynn Valley led for year-to-date home sales with 143, followed by Canyon Heights with 106 homes sold and Central Lonsdale with 59. Braemar led in price point, with a median price of $1,450,000, followed by Edgemont with $1,301,000 and Forest Hills with $1,300,000.
Year-to-date West Vancouver had total residential home sales of 717, and a median price of $1,895,000. British Properties led for year-to-date home sales with 108, followed by Dundarave with 66 homes sold and Eagle Harbour with 35. Whitby Estates led in price point, with a median price of $4,225,000, followed by Canterbury with $3,890,000 and Rockridge with $3,818,000.
North Shore market facts & figures
November 2013 compared to November 2012- Residential Homes
The market remains strong through the end of the year, with sales volume up 44% and home sales showing increases of 38% compared to last November. However, the market is following its normal trend for this time of the year, and compared to last month we see sales volume down 32%, and home prices off 6%, which is normal for November.
|Sold- Year to Date
West Vancouver had a strong November, even though this is normally when the market slows. Sales volume continued at a strong pace, up 183%, and the number of home sales increased 140% from last November. Home prices increased over last month, even with fewer listings, with prices now up 17% from last year.
|Sold- Year to Date